Ternium (MEX:TX) Cyclically Adjusted Revenue per Share: MXN1,311.42 (As of Mar. 2026)

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MEX:TX Ternium SA MEX:TX
76 GF Score
Price MXN850.00
GF Value MXN638.88
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Ternium Cyclically Adjusted Revenue per Share?

Ternium MEX:TX 76 Cyclically Adjusted Revenue per Share is MXN1,311.42 as of Mar. 2026. GuruFocus rates MEX:TX with a GF Score™ of 76/100 and a GF Value™ of MXN638.88 (Significantly Overvalued). The stock has 12 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.

Ternium's adjusted revenue per share for the three months ended in Mar. 2026 was MXN361.371. 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 MXN1,311.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ternium's average Cyclically Adjusted Revenue Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% 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 Ternium was 10.40% per year. The lowest was 2.10% per year. And the median was 5.90% per year.

As of today (2026-08-02), Ternium's current stock price is MXN850.00. Ternium's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,311.42. Ternium's Cyclically Adjusted PS Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ternium was 1.11. The lowest was 0.24. And the median was 0.60.


Ternium  (MEX:TX) 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.

Ternium's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=850.00/1311.42
=0.65

* 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 Ternium was 1.11. The lowest was 0.24. And the median was 0.60.


Be Aware

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


Ternium Cyclically Adjusted Revenue per Share Related Terms


Ternium Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ternium'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.

Ternium Cyclically Adjusted Revenue per Share Chart

Ternium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,078.97 1,157.04 1,112.34 1,444.98 1,334.31

Ternium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,435.49 1,383.61 1,358.96 1,334.31 1,311.42

MEX:TX vs CLF, WS, NWPX: Cyclically Adjusted Revenue per Share Comparison

For the Steel subindustry, Ternium'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.


Ternium Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ternium's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:TX
76GF Score
Ternium SA MEX:TX
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ternium 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, Ternium'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)
=361.371/127.1600*127.1600
=361.371

Current CPI (Mar. 2026) = 127.1600.

Ternium Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 175.492 100.660 221.692
201609 182.813 100.750 230.735
201612 194.250 101.040 244.466
201703 199.035 101.780 248.667
201706 213.870 102.170 266.181
201709 234.354 102.520 290.679
201712 276.873 102.410 343.786
201803 258.853 102.900 319.881
201806 302.531 103.650 371.151
201809 285.779 104.580 347.482
201812 263.669 104.320 321.397
201903 270.338 105.140 326.956
201906 269.802 105.550 325.040
201909 246.358 105.900 295.816
201912 216.166 106.080 259.122
202003 271.302 106.040 325.337
202006 205.268 106.340 245.457
202009 240.667 106.620 287.031
202012 261.400 106.670 311.612
202103 338.340 108.140 397.848
202106 397.471 108.680 465.057
202109 480.983 109.470 558.708
202112 452.447 111.090 517.897
202203 436.627 114.780 483.721
202206 454.781 116.750 495.331
202209 422.723 117.000 459.431
202212 352.213 117.060 382.602
202303 332.698 118.910 355.781
202306 338.085 120.460 356.889
202309 460.052 121.740 480.534
202312 426.348 121.170 447.424
202403 403.966 122.590 419.025
202406 421.275 123.120 435.099
202409 449.394 123.300 463.463
202412 411.812 122.430 427.722
202503 409.857 124.210 419.591
202506 378.577 125.820 382.609
202509 369.538 126.570 371.261
202512 346.230 126.180 348.919
202603 361.371 127.160 361.371

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 MXN1,311.42 mean?
Ternium (MEX:TX) has a Cyclically Adjusted Revenue per Share of MXN1,311.42 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ternium and its competitors.
Is Ternium's Cyclically Adjusted Revenue per Share too high?
Ternium's current Cyclically Adjusted Revenue per Share is MXN1,311.42. Overall, Ternium has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ternium's Cyclically Adjusted Revenue per Share compare to CLF and WS?
Ternium's Cyclically Adjusted Revenue per Share of MXN1,311.42 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Revenue per Share depends on the Steel 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 Ternium and its competitors. Ternium's current Cyclically Adjusted Revenue per Share is MXN1,311.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ternium stock overvalued right now?
Based on GuruFocus' analysis, Ternium (MEX:TX) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN638.88, compared to a current price of MXN850.00 — trading 33% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN1,311.42. Ternium's overall GF Score™ is 76/100 with 12 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 Ternium (MEX:TX), the current Cyclically Adjusted Revenue per Share is MXN1,311.42 as of Mar. 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 Ternium (MEX:TX) Overvalued in 2026?

Based on GuruFocus' analysis, Ternium stock appears to be overvalued. The current stock price of MXN850.00 is trading 33% above its estimated GF Value™ of MXN638.88. GuruFocus considers Ternium to be Significantly Overvalued.

Key valuation signals for MEX:TX:

  • Cyclically Adjusted Revenue per Share: MXN1,311.42
  • GF Value™: MXN638.88 vs. price of MXN850.00 (33% above fair value)
  • GF Score™: 76/100 with 12 warning signs

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


Ternium Business Description

Address 26 Boulevard Royal, 4th Floor, Luxembourg, LUX, 2449
Ternium SA is a flat steel producer operating in Mexico, Brazil, Argentina, Colombia, the southern United States, and Central America. It produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers and steel processors or end-users. The company operates in two segments: Steel and Mining. In its Steel segment, the company produces slabs, billets & round bars, hot-rolled coils & sheets, bars & stirrups, wire rods, steel pipes, and other products. The Mining segment sells iron ore as concentrates (fines) and pellets. The vast majority of its revenue comes from the Steel segment and geographically from Mexico.
76GF Score

Get the complete analysis for MEX:TX

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

MXN850.00
Price
MXN638.88
GF Value