MUX (McEwen) Cyclically Adjusted Revenue per Share: $3.45 (As of Mar. 2026)


MUX McEwen Inc MUX
66 GF Score
Price $18.90
GF Value $11.05
Valuation Significantly Overvalued
! 3 Warning Signs
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What is McEwen Cyclically Adjusted Revenue per Share?

McEwen MUX +5.06% 66 Cyclically Adjusted Revenue per Share is $3.45 as of Mar. 2026. GuruFocus rates MUX with a GF Score™ of 66/100 and a GF Value™ of $11.05 (Significantly Overvalued). The stock has 3 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.

McEwen's adjusted revenue per share for the three months ended in Mar. 2026 was $1.022. 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 $3.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, McEwen's average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% 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 McEwen was 75.00% per year. The lowest was -24.60% per year. And the median was 8.10% per year.

As of today (2026-07-03), McEwen's current stock price is $18.90. McEwen's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $3.45. McEwen's Cyclically Adjusted PS Ratio of today is 5.48.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of McEwen was 26.26. The lowest was 1.06. And the median was 4.67.


McEwen  (NYSE:MUX) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.90/3.45
=5.48

* 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 McEwen was 26.26. The lowest was 1.06. And the median was 4.67.


Be Aware

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


McEwen Cyclically Adjusted Revenue per Share Related Terms


McEwen Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for McEwen'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.

McEwen Cyclically Adjusted Revenue per Share Chart

McEwen 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 2.59 2.81 3.06 3.27 3.39

McEwen 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 3.28 3.31 3.32 3.39 3.45

MUX vs SIND, LODE, GORO: Cyclically Adjusted Revenue per Share Comparison

For the Other Precious Metals & Mining subindustry, McEwen'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.


McEwen Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


MUX
66GF Score
McEwen Inc MUX
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McEwen 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, McEwen'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)
=1.022/132.2600*132.2600
=1.022

Current CPI (Mar. 2026) = 132.2600.

McEwen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.487 102.002 0.631
201609 0.446 101.765 0.580
201612 0.370 101.449 0.482
201703 0.495 102.634 0.638
201706 0.490 103.029 0.629
201709 0.428 103.345 0.548
201712 0.723 103.345 0.925
201803 1.225 105.004 1.543
201806 1.003 105.557 1.257
201809 0.797 105.636 0.998
201812 0.782 105.399 0.981
201903 0.460 106.979 0.569
201906 1.049 107.690 1.288
201909 0.903 107.611 1.110
201912 0.854 107.769 1.048
202003 0.784 107.927 0.961
202006 0.457 108.401 0.558
202009 0.678 108.164 0.829
202012 0.677 108.559 0.825
202103 0.537 110.298 0.644
202106 0.886 111.720 1.049
202109 0.809 112.905 0.948
202112 0.761 113.774 0.885
202203 0.550 117.646 0.618
202206 0.646 120.806 0.707
202209 0.548 120.648 0.601
202212 0.583 120.964 0.637
202303 0.733 122.702 0.790
202306 0.725 124.203 0.772
202309 0.809 125.230 0.854
202312 1.226 125.072 1.296
202403 0.834 126.258 0.874
202406 0.955 127.522 0.990
202409 1.006 127.285 1.045
202412 0.633 127.364 0.657
202503 0.670 129.181 0.686
202506 0.864 129.892 0.880
202509 0.933 130.290 0.947
202512 1.164 130.370 1.181
202603 1.022 132.260 1.022

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 $3.45 mean?
McEwen (MUX) has a Cyclically Adjusted Revenue per Share of $3.45 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 McEwen and its competitors.
Is McEwen's Cyclically Adjusted Revenue per Share too high?
McEwen's current Cyclically Adjusted Revenue per Share is $3.45. Overall, McEwen has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does McEwen's Cyclically Adjusted Revenue per Share compare to SIND and LODE?
McEwen's Cyclically Adjusted Revenue per Share of $3.45 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 McEwen and its competitors. McEwen's current Cyclically Adjusted Revenue per Share is $3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McEwen stock overvalued right now?
Based on GuruFocus' analysis, McEwen (MUX) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.05, compared to a current price of $18.90 — trading 71% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $3.45. McEwen's overall GF Score™ is 66/100 with 3 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 McEwen (MUX), the current Cyclically Adjusted Revenue per Share is $3.45 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 McEwen (MUX) Overvalued in 2026?

Based on GuruFocus' analysis, McEwen stock appears to be overvalued. The current stock price of $18.90 is trading 71% above its estimated GF Value™ of $11.05. GuruFocus considers McEwen to be Significantly Overvalued.

Key valuation signals for MUX:

  • Cyclically Adjusted Revenue per Share: $3.45
  • GF Value™: $11.05 vs. price of $18.90 (71% above fair value)
  • GF Score™: 66/100 with 3 warning signs

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


McEwen Business Description

Address 150 King Street West, Suite 2800, PO Box 24, Toronto, ON, CAN, M5H 1J9
McEwen Inc is a mining and minerals production and exploration company that focuses on precious and base minerals in Argentina, Mexico, and the United States. The company generates its revenue from gold and silver production. It owns and operates the wholly-owned El Gallo 1 mine in Mexico and holds a minority stake in the company that manages the San Jose mine in Argentina. Its Other operations include: Fox Complex, Gold Bar Complex, Project Fenix, and Los Azules. The company generates its revenue from gold and silver production. Its operating segments include Canada, United States, Mexico, MSC and McEwen Copper, of which it derives maximum revenue from USA.
66GF Score

Get the complete analysis for MUX

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

$18.90
Price
$11.05
GF Value