Perseus Mining (TSX:PRU) Piotroski F-Score: 5 (As of Jun. 24, 2026) — Near Median


TSX:PRU Perseus Mining Ltd TSX:PRU
95 GF Score
Price C$4.94
GF Value C$3.57
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Perseus Mining Piotroski F-Score?

Perseus Mining TSX:PRU -1.98% 95 Piotroski F-Score is 5 as of Jun. 24, 2026, which is at its 10-year median of 5.00. GuruFocus rates TSX:PRU with a GF Score™ of 95/100 and a GF Value™ of C$3.57 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,510 Metals & Mining companies, Perseus Mining ranks better than 86.02% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Perseus Mining has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Perseus Mining's Piotroski F-Score or its related term are showing as below:

TSX:PRU' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Perseus Mining was 8. The lowest was 1. And the median was 5.

Perseus Mining  (TSX:PRU) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Perseus Mining Piotroski F-Score Related Terms


Perseus Mining Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Perseus Mining's Piotroski F-Score 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.

Perseus Mining Piotroski F-Score Chart

Perseus Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 8.00 7.00 4.00 5.00

Perseus Mining Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score 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 0.00 4.00 0.00 5.00 0.00

TSX:PRU vs NEM, AU: Piotroski F-Score Comparison

For the Gold subindustry, Perseus Mining's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Perseus Mining Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Perseus Mining's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Perseus Mining's Piotroski F-Score falls into.


TSX:PRU
95GF Score
Perseus Mining Ltd TSX:PRU
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was C$507 Mil.
Cash Flow from Operations was C$734 Mil.
Revenue was C$1,706 Mil.
Gross Profit was C$1,012 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (2721.52 + 3390.362) / 2 = C$3055.941 Mil.
Total Assets at the begining of this year (Jun24) was C$2,722 Mil.
Long-Term Debt & Capital Lease Obligation was C$2 Mil.
Total Current Assets was C$1,345 Mil.
Total Current Liabilities was C$293 Mil.
Net Income was C$444 Mil.

Revenue was C$1,406 Mil.
Gross Profit was C$857 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (2130.043 + 2721.52) / 2 = C$2425.7815 Mil.
Total Assets at the begining of last year (Jun23) was C$2,130 Mil.
Long-Term Debt & Capital Lease Obligation was C$2 Mil.
Total Current Assets was C$950 Mil.
Total Current Liabilities was C$205 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Perseus Mining's current Net Income (TTM) was 507. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Perseus Mining's current Cash Flow from Operations (TTM) was 734. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun24)
=506.901/2721.52
=0.18625658

ROA (Last Year)=Net Income/Total Assets (Jun23)
=444.427/2130.043
=0.20864696

Perseus Mining's return on assets of this year was 0.18625658. Perseus Mining's return on assets of last year was 0.20864696. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Perseus Mining's current Net Income (TTM) was 507. Perseus Mining's current Cash Flow from Operations (TTM) was 734. ==> 734 > 507 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=2.497/3055.941
=0.0008171

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=2.085/2425.7815
=0.00085952

Perseus Mining's gearing of this year was 0.0008171. Perseus Mining's gearing of last year was 0.00085952. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun25)=Total Current Assets/Total Current Liabilities
=1345.273/293.084
=4.59005951

Current Ratio (Last Year: Jun24)=Total Current Assets/Total Current Liabilities
=950.366/204.728
=4.64209097

Perseus Mining's current ratio of this year was 4.59005951. Perseus Mining's current ratio of last year was 4.64209097. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Perseus Mining's number of shares in issue this year was 1381.77. Perseus Mining's number of shares in issue last year was 1382.861. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1011.858/1705.878
=0.59315965

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=856.891/1405.858
=0.60951462

Perseus Mining's gross margin of this year was 0.59315965. Perseus Mining's gross margin of last year was 0.60951462. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun24)
=1705.878/2721.52
=0.62681075

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=1405.858/2130.043
=0.66001391

Perseus Mining's asset turnover of this year was 0.62681075. Perseus Mining's asset turnover of last year was 0.66001391. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+0+1+0+0
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Perseus Mining has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Perseus Mining (TSX:PRU) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Perseus Mining and its competitors. This is near median its historical median of 5.00. Over the past decade, Perseus Mining's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Perseus Mining ranks #351 out of 2510 companies in the Metals & Mining industry, placing it in the top 14%.
Is Perseus Mining's Piotroski F-Score too high?
Perseus Mining's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Perseus Mining's value of 5 is 66.7% above this industry median. Based on the distribution chart, Perseus Mining ranks #351 out of 2510 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Perseus Mining has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perseus Mining's Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Perseus Mining ranks #351 out of 2510 companies for Piotroski F-Score. This places Perseus Mining in the top 14% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Perseus Mining's value of 5 is 66.7% above this benchmark. Historically, Perseus Mining's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 3.00, Perseus Mining has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,510 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perseus Mining's current Piotroski F-Score of 5 is 66.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Perseus Mining and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perseus Mining's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perseus Mining stock overvalued right now?
Based on GuruFocus' analysis, Perseus Mining (TSX:PRU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$3.57, compared to a current price of C$4.94 — trading 38.4% above its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 66.7% above the Metals & Mining industry median of 3.00. Perseus Mining's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Perseus Mining (TSX:PRU), the current Piotroski F-Score is 5 as of Jun. 24, 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 Perseus Mining (TSX:PRU) Overvalued in 2026?

Based on GuruFocus' analysis, Perseus Mining stock appears to be overvalued. The current stock price of C$4.94 is trading 38.4% above its estimated GF Value™ of C$3.57. GuruFocus considers Perseus Mining to be Significantly Overvalued.

Key valuation signals for TSX:PRU:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: C$3.57 vs. price of C$4.94 (38.4% above fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 66.7% above the Metals & Mining median (#351 of 2510)

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


Perseus Mining Business Description

Address 437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008
Perseus is an Australia-based gold miner. It sold around 490,000 ounces of gold in fiscal 2025 from its three majority-owned mines in West Africa. Founded in 2004, Perseus bought all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 80%-owned Nyanzaga gold development in Tanzania in fiscal 2024. It had about a decade of reserves at end fiscal 2025. We forecast it sells about 500,000 ounces of gold in fiscal 2030.
95GF Score

Get the complete analysis for TSX:PRU

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$4.94
Price
C$3.57
GF Value