Hecla Mining Co (XSWX:HL) Cyclically Adjusted PS Ratio: 10.12 (As of Aug. 22, 2026) — 210% Above Median

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XSWX:HL Hecla Mining Co XSWX:HL
68 GF Score
Price CHF14.58
GF Value CHF7.31
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Hecla Mining Co Cyclically Adjusted PS Ratio?

Hecla Mining Co XSWX:HL 68 Cyclically Adjusted PS Ratio is 10.12 as of Aug. 22, 2026, which is 210% above its 10-year median of 3.26. GuruFocus rates XSWX:HL with a GF Score™ of 68/100 and a GF Value™ of CHF7.31 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 575 Metals & Mining companies, Hecla Mining Co ranks worse than 88% on this metric.

As of today (2026-08-22), Hecla Mining Co's current share price is CHF14.578. Hecla Mining Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was CHF1.44. Hecla Mining Co's Cyclically Adjusted PS Ratio for today is 10.12.

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

XSWX:HL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.87   Med: 3.26   Max: 18.6
Current: 11.72

During the past years, Hecla Mining Co's highest Cyclically Adjusted PS Ratio was 18.60. The lowest was 0.87. And the median was 3.26.

XSWX:HL's Cyclically Adjusted PS Ratio is ranked worse than
88% of 575 companies
in the Metals & Mining industry
Industry Median: 2.31 vs XSWX:HL: 11.72

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.

Hecla Mining Co's adjusted revenue per share data for the three months ended in Jun. 2026 was CHF0.395. 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 CHF1.44 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hecla Mining Co  (XSWX:HL) 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.


Hecla Mining Co Cyclically Adjusted PS Ratio Related Terms


Hecla Mining Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hecla Mining Co'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.

Hecla Mining Co Cyclically Adjusted PS Ratio Chart

Hecla Mining Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 3.45 2.95 3.00 11.19

Hecla Mining Co 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 3.61 7.14 11.19 10.58 8.72

XSWX:HL vs SIND, MUX, GORO: Cyclically Adjusted PS Ratio Comparison

For the Other Precious Metals & Mining subindustry, Hecla Mining Co'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.


Hecla Mining Co Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Hecla Mining Co's Cyclically Adjusted PS Ratio falls into.


XSWX:HL
68GF Score
Hecla Mining Co XSWX:HL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hecla Mining Co 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.

Hecla Mining Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.578/1.44
=10.12

* 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.

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

For example, Hecla Mining Co'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)
=0.395/333.9520*333.9520
=0.395

Current CPI (Jun. 2026) = 333.9520.

Hecla Mining Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.448 241.428 0.620
201612 0.420 241.432 0.581
201703 0.359 243.801 0.492
201706 0.328 244.955 0.447
201709 0.338 246.819 0.457
201712 0.396 246.524 0.536
201803 0.330 249.554 0.442
201806 0.361 251.989 0.478
201809 0.307 252.439 0.406
201812 0.281 251.233 0.374
201903 0.316 254.202 0.415
201906 0.273 256.143 0.356
201909 0.327 256.759 0.425
201912 0.440 256.974 0.572
202003 0.251 258.115 0.325
202006 0.301 257.797 0.390
202009 0.341 260.280 0.438
202012 0.316 260.474 0.405
202103 0.363 264.877 0.458
202106 0.365 271.696 0.449
202109 0.333 274.310 0.405
202112 0.314 278.802 0.376
202203 0.319 287.504 0.371
202206 0.344 296.311 0.388
202209 0.257 296.808 0.289
202212 0.304 296.797 0.342
202303 0.308 301.836 0.341
202306 0.266 305.109 0.291
202309 0.269 307.789 0.292
202312 0.228 306.746 0.248
202403 0.273 312.332 0.292
202406 0.353 314.175 0.375
202409 0.332 315.301 0.352
202412 0.354 315.605 0.375
202503 0.286 319.799 0.299
202506 0.278 322.561 0.288
202509 0.485 324.800 0.499
202512 0.529 324.054 0.545
202603 0.480 330.213 0.485
202606 0.395 333.952 0.395

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 10.12 mean?
Hecla Mining Co (XSWX:HL) has a Cyclically Adjusted PS Ratio of 10.12 as of Aug. 22, 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 Hecla Mining Co and its competitors. This is 210% above median its historical median of 3.26. Over the past decade, Hecla Mining Co's Cyclically Adjusted PS Ratio has ranged from 0.87 to 18.60. According to the industry distribution chart, Hecla Mining Co ranks #506 out of 575 companies in the Metals & Mining industry, placing it in the top 88%.
Is Hecla Mining Co's Cyclically Adjusted PS Ratio too high?
Hecla Mining Co's current Cyclically Adjusted PS Ratio of 10.12 is 210% above median its 10-year median of 3.26. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 18.60. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.31. Hecla Mining Co's value of 10.12 is 338.1% above this industry median. Based on the distribution chart, Hecla Mining Co ranks #506 out of 575 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Hecla Mining Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hecla Mining Co's Cyclically Adjusted PS Ratio compare to SIND and MUX?
According to the Metals & Mining industry distribution chart, Hecla Mining Co ranks #506 out of 575 companies for Cyclically Adjusted PS Ratio. This places Hecla Mining Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.31. Hecla Mining Co's value of 10.12 is 338.1% above this benchmark. Historically, Hecla Mining Co's own Cyclically Adjusted PS Ratio has ranged from 0.87 to 18.60 over the past decade. While the company's 10-year median is 3.26 vs. the industry median of 2.31, Hecla Mining Co 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 2.31, 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. Hecla Mining Co's current Cyclically Adjusted PS Ratio of 10.12 is 338.1% 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 Hecla Mining Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hecla Mining Co's current Cyclically Adjusted PS Ratio is 10.12, which is 210% above median its own 10-year median of 3.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hecla Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hecla Mining Co (XSWX:HL) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF7.31, compared to a current price of CHF14.58 — trading 99.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.12, which is 210% above median its 10-year median of 3.26 and 338.1% above the Metals & Mining industry median of 2.31. Hecla Mining Co's overall GF Score™ is 68/100 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 Hecla Mining Co (XSWX:HL), the current Cyclically Adjusted PS Ratio is 10.12 as of Aug. 22, 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 Hecla Mining Co (XSWX:HL) Overvalued in 2026?

Based on GuruFocus' analysis, Hecla Mining Co stock appears to be overvalued. The current stock price of CHF14.58 is trading 99.4% above its estimated GF Value™ of CHF7.31. GuruFocus considers Hecla Mining Co to be Significantly Overvalued.

Key valuation signals for XSWX:HL:

  • Cyclically Adjusted PS Ratio: 10.12 (210% above median its 10-year median of 3.26)
  • GF Value™: CHF7.31 vs. price of CHF14.58 (99.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 338.1% above the Metals & Mining median (#506 of 575)

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


Hecla Mining Co Business Description

Address 6500 North Mineral Drive, Suite 200, Coeur d\'Alene, ID, USA, 83815-9408
Hecla Mining Co produces and explores silver, gold, zinc, and other metals. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, and Casa Berardi. It generates maximum revenue from the Greens Creek segment. Geographically, It operates in Canada, the United States, and Mexico, and it derives a majority of its revenue from the United States.
68GF Score

Get the complete analysis for XSWX:HL

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

CHF14.58
Price
CHF7.31
GF Value