Lundin Mining (TSX:LUN) Cyclically Adjusted Revenue per Share: C$5.21 (As of Mar. 2026)

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TSX:LUN Lundin Mining Corp TSX:LUN
71 GF Score
Price C$37.45
GF Value C$17.66
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Lundin Mining Cyclically Adjusted Revenue per Share?

Lundin Mining TSX:LUN +5.97% 71 Cyclically Adjusted Revenue per Share is C$5.21 as of Mar. 2026. GuruFocus rates TSX:LUN with a GF Score™ of 71/100 and a GF Value™ of C$17.66 (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.

Lundin Mining's adjusted revenue per share for the three months ended in Mar. 2026 was C$1.847. 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$5.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lundin Mining's average Cyclically Adjusted Revenue Growth Rate was 9.20% 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 13.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% 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 Lundin Mining was 16.50% per year. The lowest was -0.90% per year. And the median was 6.10% per year.

As of today (2026-07-22), Lundin Mining's current stock price is C$37.45. Lundin Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$5.21. Lundin Mining's Cyclically Adjusted PS Ratio of today is 7.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lundin Mining was 8.62. The lowest was 1.78. And the median was 3.09.


Lundin Mining  (TSX:LUN) 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.

Lundin Mining's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=37.45/5.21
=7.19

* 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 Lundin Mining was 8.62. The lowest was 1.78. And the median was 3.09.


Be Aware

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


Lundin Mining Cyclically Adjusted Revenue per Share Related Terms


Lundin Mining Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Lundin Mining'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.

Lundin Mining Cyclically Adjusted Revenue per Share Chart

Lundin Mining 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 3.22 3.80 4.24 4.67 5.04

Lundin Mining 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 4.77 4.84 4.93 5.04 5.21

TSX:LUN vs SCCO, FCX: Cyclically Adjusted Revenue per Share Comparison

For the Copper subindustry, Lundin Mining'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.


Lundin Mining Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


TSX:LUN
71GF Score
Lundin Mining Corp TSX:LUN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lundin Mining 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, Lundin Mining'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)
=1.847/132.2623*132.2623
=1.847

Current CPI (Mar. 2026) = 132.2623.

Lundin Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.613 102.002 0.795
201609 0.682 101.765 0.886
201612 0.844 101.449 1.100
201703 0.896 102.634 1.155
201706 0.829 103.029 1.064
201709 1.012 103.345 1.295
201712 0.932 103.345 1.193
201803 0.831 105.004 1.047
201806 0.837 105.557 1.049
201809 0.674 105.636 0.844
201812 0.746 105.399 0.936
201903 0.756 106.979 0.935
201906 0.667 107.690 0.819
201909 0.969 107.611 1.191
201912 1.017 107.769 1.248
202003 0.718 107.927 0.880
202006 0.984 108.401 1.201
202009 1.080 108.164 1.321
202012 0.921 108.559 1.122
202103 1.158 110.298 1.389
202106 1.438 111.720 1.702
202109 1.298 112.905 1.521
202112 1.768 113.774 2.055
202203 1.700 117.646 1.911
202206 0.986 120.806 1.080
202209 1.115 120.648 1.222
202212 1.429 120.964 1.562
202303 1.332 122.702 1.436
202306 1.011 124.203 1.077
202309 1.736 125.230 1.833
202312 0.713 125.072 0.754
202403 1.419 126.258 1.486
202406 1.545 127.522 1.602
202409 1.518 127.285 1.577
202412 1.291 127.364 1.341
202503 1.545 129.181 1.582
202506 1.491 129.892 1.518
202509 1.622 130.287 1.647
202512 1.833 130.366 1.860
202603 1.847 132.262 1.847

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$5.21 mean?
Lundin Mining (TSX:LUN) has a Cyclically Adjusted Revenue per Share of C$5.21 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 Lundin Mining and its competitors.
Is Lundin Mining's Cyclically Adjusted Revenue per Share too high?
Lundin Mining's current Cyclically Adjusted Revenue per Share is C$5.21. Overall, Lundin Mining has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Mining's Cyclically Adjusted Revenue per Share compare to SCCO and FCX?
Lundin Mining's Cyclically Adjusted Revenue per Share of C$5.21 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 Lundin Mining and its competitors. Lundin Mining's current Cyclically Adjusted Revenue per Share is C$5.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lundin Mining stock overvalued right now?
Based on GuruFocus' analysis, Lundin Mining (TSX:LUN) is currently considered Significantly Overvalued. The stock's GF Value™ is C$17.66, compared to a current price of C$37.45 — trading 112.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$5.21. Lundin Mining's overall GF Score™ is 71/100 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 Lundin Mining (TSX:LUN), the current Cyclically Adjusted Revenue per Share is C$5.21 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 Lundin Mining (TSX:LUN) Overvalued in 2026?

Based on GuruFocus' analysis, Lundin Mining stock appears to be overvalued. The current stock price of C$37.45 is trading 112.1% above its estimated GF Value™ of C$17.66. GuruFocus considers Lundin Mining to be Significantly Overvalued.

Key valuation signals for TSX:LUN:

  • Cyclically Adjusted Revenue per Share: C$5.21
  • GF Value™: C$17.66 vs. price of C$37.45 (112.1% above fair value)
  • GF Score™: 71/100 with 3 warning signs

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


Lundin Mining Business Description

Address 1055 Dunsmuir Street, Suite 2800, Vancouver, BC, CAN, V7X 1L2
Lundin Mining Corp is adiversified Canadian base metals mining company primarily producing copper and gold with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, and Caserones. The majority of the revenue is from Copper.
71GF Score

Get the complete analysis for TSX:LUN

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

C$37.45
Price
C$17.66
GF Value