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Anglogold AshantiXGHA:AGA 84 Cyclically Adjusted PS Ratio is 5.36 as of Aug. 17, 2026, which is 235% above its 10-year median of 1.60. GuruFocus rates XGHA:AGA with a GF Score™ of 84/100 and a GF Value™ of GHS22.88. The stock has 2 warning signs investors should review. Among 575 Metals & Mining companies, Anglogold Ashanti ranks worse than 76.7% on this metric.
The historical rank and industry rank for Anglogold Ashanti's Cyclically Adjusted PS Ratio or its related term are showing as below:
XGHA:AGA'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77 Med: 1.6 Max: 8.94
Current: 6.39
During the past years, Anglogold Ashanti's highest Cyclically Adjusted PS Ratio was 8.94. The lowest was 0.77. And the median was 1.60.
XGHA:AGA's Cyclically Adjusted PS Ratio is ranked worse than 76.7% of 575
companies
in the Metals & Mining industry
Industry Median: 2.3
vs XGHA:AGA: 6.39
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Anglogold Ashanti's adjusted revenue per share data for the three months ended in Jun. 2026 was GHS66.351. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is GHS6.90 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Anglogold Ashanti (XGHA:AGA) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Anglogold Ashanti Cyclically Adjusted PS Ratio Related Terms
Anglogold Ashanti Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Anglogold Ashanti's Cyclically Adjusted PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Anglogold Ashanti Cyclically Adjusted PS Ratio Chart
XGHA:AGA vs RGLD, CDE, AUGO: Cyclically Adjusted PS Ratio Comparison
For the Gold subindustry, Anglogold Ashanti's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Anglogold Ashanti Cyclically Adjusted PS Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Anglogold Ashanti's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Anglogold Ashanti's Cyclically Adjusted PS Ratio falls into.
Anglogold Ashanti Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
Anglogold Ashanti's Cyclically Adjusted PS Ratio for today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 5.36 mean?
Anglogold Ashanti (XGHA:AGA) has a Cyclically Adjusted PS Ratio of 5.36 as of Aug. 17, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Anglogold Ashanti and its competitors. This is 235% above median its historical median of 1.60. Over the past decade, Anglogold Ashanti's Cyclically Adjusted PS Ratio has ranged from 0.77 to 8.94. According to the industry distribution chart, Anglogold Ashanti ranks #441 out of 575 companies in the Metals & Mining industry, placing it in the top 76.7%.
Is Anglogold Ashanti's Cyclically Adjusted PS Ratio too high?
Anglogold Ashanti's current Cyclically Adjusted PS Ratio of 5.36 is 235% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 8.94. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.30. Anglogold Ashanti's value of 5.36 is 133% above this industry median. Based on the distribution chart, Anglogold Ashanti ranks #441 out of 575 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Anglogold Ashanti has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Anglogold Ashanti's Cyclically Adjusted PS Ratio compare to RGLD and CDE?
According to the Metals & Mining industry distribution chart, Anglogold Ashanti ranks #441 out of 575 companies for Cyclically Adjusted PS Ratio. This places Anglogold Ashanti in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.30. Anglogold Ashanti's value of 5.36 is 133% above this benchmark. Historically, Anglogold Ashanti's own Cyclically Adjusted PS Ratio has ranged from 0.77 to 8.94 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 2.30, Anglogold Ashanti has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.30, based on 575 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anglogold Ashanti's current Cyclically Adjusted PS Ratio of 5.36 is 133% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Anglogold Ashanti and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anglogold Ashanti's current Cyclically Adjusted PS Ratio is 5.36, which is 235% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anglogold Ashanti stock overvalued right now?
Anglogold Ashanti (XGHA:AGA) has a current Cyclically Adjusted PS Ratio of 5.36. The stock's GF Value™ is GHS22.88, compared to a current price of GHS37.00 — trading 61.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.36, which is 235% above median its 10-year median of 1.60 and 133% above the Metals & Mining industry median of 2.30. Anglogold Ashanti's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Anglogold Ashanti (XGHA:AGA), the current Cyclically Adjusted PS Ratio is 5.36 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Anglogold Ashanti (XGHA:AGA) Overvalued in 2026?
Based on GuruFocus' analysis, Anglogold Ashanti stock appears to be overvalued.
The current stock price of GHS37.00 is trading 61.7% above its estimated GF Value™ of GHS22.88.
Key valuation signals for XGHA:AGA:
Cyclically Adjusted PS Ratio: 5.36 (235% above median its 10-year median of 1.60)
GF Value™: GHS22.88 vs. price of GHS37.00 (61.7% above fair value)
Industry Position: 133% above the Metals & Mining median (#441 of 575)
No single metric tells the full story. See the XGHA:AGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anglogold Ashanti PLC is an independent gold mining company. It has a diversified asset portfolio, including production from operations in eight countries (Argentina, Australia, Brazil, Egypt, Ghana, Guinea, the DRC, and Tanzania), supported by greenfield projects in the United States and Colombia. The company's main product is gold, which once mined, is processed into dore (unrefined gold bars) on site and then dispatched to precious metals refineries. Geographically, Anglogold generates maximum revenue from its operations in Africa (comprising operations at Kibali, Iduapriem, Obuasi, Siguiri, Geita, and Sukari mines), followed by Australia (including Sunrise Dam and Tropicana), and the Americas (comprising Cerro Vanguardia, AngloGold Ashanti Mineracao, and Serra Grande operations).
84GF Score
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