Almonty Industries (XSWX:ALM) Cyclically Adjusted PS Ratio: 52.57 (As of Aug. 17, 2026) — 2667% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:ALM Almonty Industries Inc XSWX:ALM
31 GF Score
Price CHF12.09
GF Value CHF2.08
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Almonty Industries Cyclically Adjusted PS Ratio?

Almonty Industries XSWX:ALM +4.98% 31 Cyclically Adjusted PS Ratio is 52.57 as of Aug. 17, 2026, which is 2667% above its 10-year median of 1.90. GuruFocus rates XSWX:ALM with a GF Score™ of 31/100 and a GF Value™ of CHF2.08 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 575 Metals & Mining companies, Almonty Industries ranks worse than 97.74% on this metric.

As of today (2026-08-17), Almonty Industries's current share price is CHF12.092. Almonty Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was CHF0.23. Almonty Industries's Cyclically Adjusted PS Ratio for today is 52.57.

The historical rank and industry rank for Almonty Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:

XSWX:ALM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.9   Max: 89.08
Current: 44.01

During the past years, Almonty Industries's highest Cyclically Adjusted PS Ratio was 89.08. The lowest was 1.11. And the median was 1.90.

XSWX:ALM's Cyclically Adjusted PS Ratio is ranked worse than
97.74% of 575 companies
in the Metals & Mining industry
Industry Median: 2.3 vs XSWX:ALM: 44.01

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.

Almonty Industries's adjusted revenue per share data for the three months ended in Jun. 2026 was CHF0.083. 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 CHF0.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Almonty Industries  (XSWX:ALM) 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.


Almonty Industries Cyclically Adjusted PS Ratio Related Terms


Almonty Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Almonty Industries'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.

Almonty Industries Cyclically Adjusted PS Ratio Chart

Almonty Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 1.55 1.35 2.88 33.44

Almonty Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.23 21.84 33.44 56.75 66.57

Almonty Industries Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Almonty Industries'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.


Almonty Industries Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Almonty Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Almonty Industries's Cyclically Adjusted PS Ratio falls into.


XSWX:ALM
31GF Score
Almonty Industries Inc XSWX:ALM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Almonty Industries 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.

Almonty Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.092/0.23
=52.57

* 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.

Almonty Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Almonty Industries's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.083/333.9520*333.9520
=0.083

Current CPI (Jun. 2026) = 333.9520.

Almonty Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.092 241.018 0.127
201609 0.108 241.428 0.149
201612 0.073 241.432 0.101
201703 0.103 243.801 0.141
201706 0.107 244.955 0.146
201709 0.083 246.819 0.112
201712 0.071 246.524 0.096
201803 0.106 249.554 0.142
201806 0.138 251.989 0.183
201809 0.090 252.439 0.119
201812 0.100 251.233 0.133
201903 0.080 254.202 0.105
201906 0.075 256.143 0.098
201909 0.039 256.759 0.051
202003 0.036 258.115 0.047
202006 0.040 257.797 0.052
202009 0.029 260.280 0.037
202012 0.037 260.474 0.047
202103 0.023 264.877 0.029
202106 0.034 271.696 0.042
202109 0.028 274.310 0.034
202112 0.031 278.802 0.037
202203 0.033 287.504 0.038
202206 0.038 296.311 0.043
202209 0.025 296.808 0.028
202212 0.031 296.797 0.035
202303 0.033 301.836 0.037
202306 0.025 305.109 0.027
202309 0.020 307.789 0.022
202312 0.023 306.746 0.025
202403 0.032 312.332 0.034
202406 0.030 314.175 0.032
202409 0.025 315.301 0.026
202412 0.023 315.605 0.024
202503 0.026 319.799 0.027
202506 0.022 322.561 0.023
202509 0.019 324.800 0.020
202512 0.021 324.054 0.022
202603 0.052 330.213 0.053
202606 0.083 333.952 0.083

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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 52.57 mean?
Almonty Industries (XSWX:ALM) has a Cyclically Adjusted PS Ratio of 52.57 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 Almonty Industries and its competitors. This is 2667% above median its historical median of 1.90. Over the past decade, Almonty Industries' Cyclically Adjusted PS Ratio has ranged from 1.11 to 89.08. According to the industry distribution chart, Almonty Industries ranks #562 out of 575 companies in the Metals & Mining industry, placing it in the top 97.7%.
Is Almonty Industries' Cyclically Adjusted PS Ratio too high?
Almonty Industries' current Cyclically Adjusted PS Ratio of 52.57 is 2667% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 89.08. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.30. Almonty Industries' value of 52.57 is 2185.7% above this industry median. Based on the distribution chart, Almonty Industries ranks #562 out of 575 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Almonty Industries has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Almonty Industries' Cyclically Adjusted PS Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Almonty Industries ranks #562 out of 575 companies for Cyclically Adjusted PS Ratio. This places Almonty Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.30. Almonty Industries' value of 52.57 is 2185.7% above this benchmark. Historically, Almonty Industries' own Cyclically Adjusted PS Ratio has ranged from 1.11 to 89.08 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 2.30, Almonty Industries 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. Almonty Industries's current Cyclically Adjusted PS Ratio of 52.57 is 2185.7% 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 Almonty Industries 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. Almonty Industries's current Cyclically Adjusted PS Ratio is 52.57, which is 2667% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almonty Industries stock overvalued right now?
Based on GuruFocus' analysis, Almonty Industries (XSWX:ALM) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF2.08, compared to a current price of CHF12.09 — trading 481.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 52.57, which is 2667% above median its 10-year median of 1.90 and 2185.7% above the Metals & Mining industry median of 2.30. Almonty Industries' overall GF Score™ is 31/100 with 6 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 Almonty Industries (XSWX:ALM), the current Cyclically Adjusted PS Ratio is 52.57 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 Almonty Industries (XSWX:ALM) Overvalued in 2026?

Based on GuruFocus' analysis, Almonty Industries stock appears to be overvalued. The current stock price of CHF12.09 is trading 481.3% above its estimated GF Value™ of CHF2.08. GuruFocus considers Almonty Industries to be Significantly Overvalued.

Key valuation signals for XSWX:ALM:

  • Cyclically Adjusted PS Ratio: 52.57 (2667% above median its 10-year median of 1.90)
  • GF Value™: CHF2.08 vs. price of CHF12.09 (481.3% above fair value)
  • GF Score™: 31/100 with 6 warning signs
  • Industry Position: 2185.7% above the Metals & Mining median (#562 of 575)

No single metric tells the full story. See the XSWX:ALM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Almonty Industries Business Description

Address 100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
Almonty Industries Inc is engaged in the development of the Sangdong Mine in South Korea, and the Company is currently mining, processing, and shipping tungsten concentrate from the Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal (Panasqueira Mine). Additionally, the Company is evaluating its molybdenum project with inferred mineral resources on a separate property adjacent to the tungsten orebody at the Sangdong Mine, its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora (Valtreixal Mine), and the newly-acquired Gentung Browns Lake tungsten project located in Montana, USA (Gentung-Browns Lake Project). The company has two geographical locations: the Iberian Peninsula (Spain and Portugal) and the Republic of Korea.
31GF Score

Get the complete analysis for XSWX:ALM

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF12.09
Price
CHF2.08
GF Value