Kinross Gold (XSWX:KG) Cyclically Adjusted PS Ratio: 6.72 (As of Jul. 13, 2026) — 291% Above Median


XSWX:KG Kinross Gold Corp XSWX:KG
94 GF Score
Price CHF19.16
GF Value CHF14.49
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Kinross Gold Cyclically Adjusted PS Ratio?

Kinross Gold XSWX:KG +0.14% 94 Cyclically Adjusted PS Ratio is 6.72 as of Jul. 13, 2026, which is 291% above its 10-year median of 1.72. GuruFocus rates XSWX:KG with a GF Score™ of 94/100 and a GF Value™ of CHF14.49 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 576 Metals & Mining companies, Kinross Gold ranks worse than 79.34% on this metric.

As of today (2026-07-13), Kinross Gold's current share price is CHF19.164. Kinross Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF2.85. Kinross Gold's Cyclically Adjusted PS Ratio for today is 6.72.

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

XSWX:KG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.72   Max: 10.46
Current: 6.7

During the past years, Kinross Gold's highest Cyclically Adjusted PS Ratio was 10.46. The lowest was 0.88. And the median was 1.72.

XSWX:KG's Cyclically Adjusted PS Ratio is ranked worse than
79.34% of 576 companies
in the Metals & Mining industry
Industry Median: 2.11 vs XSWX:KG: 6.70

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.

Kinross Gold's adjusted revenue per share data for the three months ended in Mar. 2026 was CHF1.574. 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 CHF2.85 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinross Gold  (XSWX:KG) 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.


Kinross Gold Cyclically Adjusted PS Ratio Related Terms


Kinross Gold Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kinross Gold'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.

Kinross Gold Cyclically Adjusted PS Ratio Chart

Kinross Gold 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 1.88 1.37 1.91 3.03 7.94

Kinross Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.00 4.58 7.28 7.94 8.34

XSWX:KG vs NEM, AU, RGLD: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Kinross Gold'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.


Kinross Gold Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


XSWX:KG
94GF Score
Kinross Gold Corp XSWX:KG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinross Gold 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.

Kinross Gold's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.164/2.85
=6.72

* 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.

Kinross Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Kinross Gold's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.574/132.2623*132.2623
=1.574

Current CPI (Mar. 2026) = 132.2623.

Kinross Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.683 102.002 0.886
201609 0.705 101.765 0.916
201612 0.739 101.449 0.963
201703 0.635 102.634 0.818
201706 0.669 103.029 0.859
201709 0.634 103.345 0.811
201712 0.635 103.345 0.813
201803 0.676 105.004 0.851
201806 0.609 105.557 0.763
201809 0.584 105.636 0.731
201812 0.624 105.399 0.783
201903 0.625 106.979 0.773
201906 0.656 107.690 0.806
201909 0.687 107.611 0.844
201912 0.774 107.769 0.950
202003 0.667 107.927 0.817
202006 0.755 108.401 0.921
202009 0.816 108.164 0.998
202012 0.837 108.559 1.020
202103 0.564 110.298 0.676
202106 0.506 111.720 0.599
202109 0.426 112.905 0.499
202112 0.451 113.774 0.524
202203 0.515 117.646 0.579
202206 0.613 120.806 0.671
202209 0.635 120.648 0.696
202212 0.790 120.964 0.864
202303 0.695 122.702 0.749
202306 0.794 124.203 0.846
202309 0.801 125.230 0.846
202312 0.781 125.072 0.826
202403 0.775 126.258 0.812
202406 0.883 127.522 0.916
202409 0.983 127.285 1.021
202412 1.022 127.364 1.061
202503 1.072 129.181 1.098
202506 1.143 129.892 1.164
202509 1.176 130.287 1.194
202512 1.330 130.366 1.349
202603 1.574 132.262 1.574

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 6.72 mean?
Kinross Gold (XSWX:KG) has a Cyclically Adjusted PS Ratio of 6.72 as of Jul. 13, 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 Kinross Gold and its competitors. This is 291% above median its historical median of 1.72. Over the past decade, Kinross Gold's Cyclically Adjusted PS Ratio has ranged from 0.88 to 10.46. According to the industry distribution chart, Kinross Gold ranks #457 out of 576 companies in the Metals & Mining industry, placing it in the top 79.3%.
Is Kinross Gold's Cyclically Adjusted PS Ratio too high?
Kinross Gold's current Cyclically Adjusted PS Ratio of 6.72 is 291% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 10.46. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.11. Kinross Gold's value of 6.72 is 218.5% above this industry median. Based on the distribution chart, Kinross Gold ranks #457 out of 576 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Kinross Gold has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinross Gold's Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Kinross Gold ranks #457 out of 576 companies for Cyclically Adjusted PS Ratio. This places Kinross Gold in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.11. Kinross Gold's value of 6.72 is 218.5% above this benchmark. Historically, Kinross Gold's own Cyclically Adjusted PS Ratio has ranged from 0.88 to 10.46 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 2.11, Kinross Gold 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 2.11, based on 576 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. Kinross Gold's current Cyclically Adjusted PS Ratio of 6.72 is 218.5% 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 Kinross Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinross Gold's current Cyclically Adjusted PS Ratio is 6.72, which is 291% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinross Gold stock overvalued right now?
Based on GuruFocus' analysis, Kinross Gold (XSWX:KG) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF14.49, compared to a current price of CHF19.16 — trading 32.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.72, which is 291% above median its 10-year median of 1.72 and 218.5% above the Metals & Mining industry median of 2.11. Kinross Gold's overall GF Score™ is 94/100 with 1 warning sign 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 Kinross Gold (XSWX:KG), the current Cyclically Adjusted PS Ratio is 6.72 as of Jul. 13, 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 Kinross Gold (XSWX:KG) Overvalued in 2026?

Based on GuruFocus' analysis, Kinross Gold stock appears to be overvalued. The current stock price of CHF19.16 is trading 32.3% above its estimated GF Value™ of CHF14.49. GuruFocus considers Kinross Gold to be Significantly Overvalued.

Key valuation signals for XSWX:KG:

  • Cyclically Adjusted PS Ratio: 6.72 (291% above median its 10-year median of 1.72)
  • GF Value™: CHF14.49 vs. price of CHF19.16 (32.3% above fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 218.5% above the Metals & Mining median (#457 of 576)

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


Kinross Gold Business Description

Address 25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2025. The company had about a decade of gold reserves at the end of 2025. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. Kinross has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada. If developed as we think likely, it could produce an average of more than 500,000 ounces of gold per year for at least a decade, with its unit cash costs likely in the first quartile of the industry cost curve. Though Great Bear's production is likely to be replacement ounces for falling volumes at other mines.
94GF Score

Get the complete analysis for XSWX:KG

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

CHF19.16
Price
CHF14.49
GF Value