Royal Gold (MEX:RGLD) Cyclically Adjusted Revenue per Share: MXN210.98 (As of Jun. 2026)

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MEX:RGLD Royal Gold Inc MEX:RGLD
94 GF Score
Price MXN3,452.00
GF Value MXN4,112.40
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Royal Gold Cyclically Adjusted Revenue per Share?

Royal Gold MEX:RGLD 94 Cyclically Adjusted Revenue per Share is MXN210.98 as of Jun. 2026. GuruFocus rates MEX:RGLD with a GF Score™ of 94/100 and a GF Value™ of MXN4,112.40 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Royal Gold's adjusted revenue per share for the three months ended in Jun. 2026 was MXN92.431. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN210.98 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Royal Gold's average Cyclically Adjusted Revenue Growth Rate was 15.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 11.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Royal Gold was 26.70% per year. The lowest was -21.30% per year. And the median was 13.40% per year.

As of today (2026-08-13), Royal Gold's current stock price is MXN3452.00. Royal Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN210.98. Royal Gold's Cyclically Adjusted PS Ratio of today is 16.36.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Royal Gold was 29.02. The lowest was 11.54. And the median was 17.36.


Royal Gold  (MEX:RGLD) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Royal Gold's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3452.00/210.98
=16.36

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Royal Gold was 29.02. The lowest was 11.54. And the median was 17.36.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Royal Gold Cyclically Adjusted Revenue per Share Related Terms


Royal Gold Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Royal Gold's Cyclically Adjusted Revenue per Share 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.

Royal Gold Cyclically Adjusted Revenue per Share Chart

Royal Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.38 140.66 142.88 205.53 194.67

Royal Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 160.74 175.86 194.67 170.58 210.98

MEX:RGLD vs CDE, AUGO, HYMC: Cyclically Adjusted Revenue per Share Comparison

For the Gold subindustry, Royal 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.


Royal Gold Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


MEX:RGLD
94GF Score
Royal Gold Inc MEX:RGLD
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal Gold Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Royal Gold'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)
=92.431/333.9520*333.9520
=92.431

Current CPI (Jun. 2026) = 333.9520.

Royal Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 34.935 241.428 48.323
201612 33.795 241.432 46.746
201703 30.857 243.801 42.267
201706 30.150 244.955 41.104
201709 31.209 246.819 42.227
201712 34.387 246.524 46.582
201803 32.265 249.554 43.177
201806 34.967 251.989 46.341
201809 28.556 252.439 37.777
201812 29.267 251.233 38.903
201903 32.504 254.202 42.701
201906 33.910 256.143 44.211
201909 35.736 256.759 46.480
201912 35.541 256.974 46.188
202003 48.767 258.115 63.095
202006 42.151 257.797 54.603
202009 49.437 260.280 63.430
202012 48.006 260.474 61.548
202103 44.416 264.877 55.999
202106 50.958 271.696 62.634
202109 54.651 274.310 66.534
202112 52.679 278.802 63.099
202203 49.244 287.504 57.200
202206 44.857 296.311 50.555
202209 40.263 296.808 45.302
202212 48.390 296.797 54.448
202303 46.741 301.836 51.714
202306 37.551 305.109 41.101
202309 36.719 307.789 39.840
202312 39.427 306.746 42.924
202403 37.591 312.332 40.193
202406 48.496 314.175 51.549
202409 58.009 315.301 61.440
202412 64.199 315.605 67.931
202503 60.149 319.799 62.811
202506 59.972 322.561 62.090
202509 70.240 324.800 72.219
202512 83.638 324.054 86.193
202603 99.504 330.213 100.631
202606 92.431 333.952 92.431

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

What does a Cyclically Adjusted Revenue per Share of MXN210.98 mean?
Royal Gold (MEX:RGLD) has a Cyclically Adjusted Revenue per Share of MXN210.98 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Royal Gold and its competitors.
Is Royal Gold's Cyclically Adjusted Revenue per Share too high?
Royal Gold's current Cyclically Adjusted Revenue per Share is MXN210.98. Overall, Royal Gold has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's Cyclically Adjusted Revenue per Share compare to CDE and AUGO?
Royal Gold's Cyclically Adjusted Revenue per Share of MXN210.98 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Royal Gold and its competitors. Royal Gold's current Cyclically Adjusted Revenue per Share is MXN210.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Based on GuruFocus' analysis, Royal Gold (MEX:RGLD) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,112.40, compared to a current price of MXN3,452.00 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN210.98. Royal Gold's overall GF Score™ is 94/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Royal Gold (MEX:RGLD), the current Cyclically Adjusted Revenue per Share is MXN210.98 as of Jun. 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 Royal Gold (MEX:RGLD) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued. The current stock price of MXN3,452.00 is trading 16.1% below its estimated GF Value™ of MXN4,112.40. GuruFocus considers Royal Gold to be Modestly Undervalued.

Key valuation signals for MEX:RGLD:

  • Cyclically Adjusted Revenue per Share: MXN210.98
  • GF Value™: MXN4,112.40 vs. price of MXN3,452.00 (16.1% below fair value)
  • GF Score™: 94/100 with 2 warning signs

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


Royal Gold Business Description

Address 1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
94GF Score

Get the complete analysis for MEX:RGLD

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

MXN3,452.00
Price
MXN4,112.40
GF Value