Kinross Gold (TSX:K) Cyclically Adjusted Revenue per Share: C$5.10 (As of Mar. 2026)

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TSX:K Kinross Gold Corp TSX:K
93 GF Score
Price C$33.58
GF Value C$26.20
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Kinross Gold Cyclically Adjusted Revenue per Share?

Kinross Gold TSX:K +1.11% 93 Cyclically Adjusted Revenue per Share is C$5.10 as of Mar. 2026. GuruFocus rates TSX:K with a GF Score™ of 93/100 and a GF Value™ of C$26.20 (Modestly Overvalued). The stock has 1 warning sign 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.

Kinross Gold's adjusted revenue per share for the three months ended in Mar. 2026 was C$2.743. 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 C$5.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kinross Gold's average Cyclically Adjusted Revenue Growth Rate was 12.30% 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 4.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% 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 Kinross Gold was 16.90% per year. The lowest was -12.00% per year. And the median was 1.20% per year.

As of today (2026-07-14), Kinross Gold's current stock price is C$33.58. Kinross Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$5.10. Kinross Gold's Cyclically Adjusted PS Ratio of today is 6.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Kinross Gold was 10.46. The lowest was 0.88. And the median was 1.72.


Kinross Gold  (TSX:K) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=33.58/5.10
=6.58

* 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 Kinross Gold was 10.46. The lowest was 0.88. And the median was 1.72.


Be Aware

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


Kinross Gold Cyclically Adjusted Revenue per Share Related Terms


Kinross Gold Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Kinross 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.

Kinross Gold Cyclically Adjusted Revenue per Share Chart

Kinross Gold 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 3.90 4.03 4.19 4.41 4.87

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 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 4.54 4.65 4.74 4.87 5.10

TSX:K vs NEM, AU, RGLD: Cyclically Adjusted Revenue per Share 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.


TSX:K
93GF Score
Kinross Gold Corp TSX:K
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinross 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, 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)
=2.743/132.2623*132.2623
=2.743

Current CPI (Mar. 2026) = 132.2623.

Kinross Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.908 102.002 1.177
201609 0.950 101.765 1.235
201612 0.967 101.449 1.261
201703 0.849 102.634 1.094
201706 0.918 103.029 1.178
201709 0.809 103.345 1.035
201712 0.822 103.345 1.052
201803 0.922 105.004 1.161
201806 0.808 105.557 1.012
201809 0.786 105.636 0.984
201812 0.845 105.399 1.060
201903 0.835 106.979 1.032
201906 0.883 107.690 1.084
201909 0.919 107.611 1.130
201912 1.038 107.769 1.274
202003 0.971 107.927 1.190
202006 1.076 108.401 1.313
202009 1.179 108.164 1.442
202012 1.206 108.559 1.469
202103 0.762 110.298 0.914
202106 0.681 111.720 0.806
202109 0.585 112.905 0.685
202112 0.627 113.774 0.729
202203 0.702 117.646 0.789
202206 0.810 120.806 0.887
202209 0.870 120.648 0.954
202212 1.153 120.964 1.261
202303 1.028 122.702 1.108
202306 1.172 124.203 1.248
202309 1.205 125.230 1.273
202312 1.212 125.072 1.282
202403 1.181 126.258 1.237
202406 1.354 127.522 1.404
202409 1.571 127.285 1.632
202412 1.633 127.364 1.696
202503 1.742 129.181 1.784
202506 1.920 129.892 1.955
202509 2.043 130.287 2.074
202512 2.302 130.366 2.335
202603 2.743 132.262 2.743

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 C$5.10 mean?
Kinross Gold (TSX:K) has a Cyclically Adjusted Revenue per Share of C$5.10 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 Kinross Gold and its competitors.
Is Kinross Gold's Cyclically Adjusted Revenue per Share too high?
Kinross Gold's current Cyclically Adjusted Revenue per Share is C$5.10. Overall, Kinross Gold has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinross Gold's Cyclically Adjusted Revenue per Share compare to NEM and AU?
Kinross Gold's Cyclically Adjusted Revenue per Share of C$5.10 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 Kinross Gold and its competitors. Kinross Gold's current Cyclically Adjusted Revenue per Share is C$5.10. 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 (TSX:K) is currently considered Modestly Overvalued. The stock's GF Value™ is C$26.20, compared to a current price of C$33.58 — trading 28.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$5.10. Kinross Gold's overall GF Score™ is 93/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Kinross Gold (TSX:K), the current Cyclically Adjusted Revenue per Share is C$5.10 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 Kinross Gold (TSX:K) Overvalued in 2026?

Based on GuruFocus' analysis, Kinross Gold stock appears to be overvalued. The current stock price of C$33.58 is trading 28.2% above its estimated GF Value™ of C$26.20. GuruFocus considers Kinross Gold to be Modestly Overvalued.

Key valuation signals for TSX:K:

  • Cyclically Adjusted Revenue per Share: C$5.10
  • GF Value™: C$26.20 vs. price of C$33.58 (28.2% above fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the TSX:K 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.
93GF Score

Get the complete analysis for TSX:K

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

C$33.58
Price
C$26.20
GF Value