Royal GoldFRA:RG3 -3.67%91 Median PS Value is €200.13 as of Jun. 24, 2026, which is 100% below its 10-year median of 0.92. GuruFocus rates FRA:RG3 with a GF Score™ of 91/100 and a GF Value™ of €238.64 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 397 Metals & Mining companies, Royal Gold ranks better than 74.56% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Royal Gold's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €14.763. Royal Gold's 10-Year median PS Ratio is 13.5562. Therefore, the Median PS Value for today is €200.13.
As of today (2026-06-24), Royal Gold's share price is €181.30. Royal Gold's Median PS Value is €200.13. Therefore, Royal Gold's Price to Median PS Value for today is 0.91.
The historical rank and industry rank for Royal Gold's Median PS Value or its related term are showing as below:
FRA:RG3'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.63 Med: 0.92 Max: 1.28
Current: 0.91
During the past 13 years, the highest Price to Median PS Value of Royal Gold was 1.28. The lowest was 0.63. And the median was 0.92.
FRA:RG3's Price-to-Median-PS-Value is ranked better than 74.56% of 397
companies
in the Metals & Mining industry
Industry Median: 1.31
vs FRA:RG3: 0.91
Royal Gold (FRA:RG3) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Royal Gold's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
181.30
/
200.13
=
0.91
* 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.
Royal Gold Median PS Value Related Terms
Royal Gold Median PS Value Historical Data
* Premium members only.
The historical data trend for Royal Gold's Median PS Value 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.
FRA:RG3 vs CDE, AUGO, SA: Median PS Value Comparison
For the Gold subindustry, Royal Gold's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Royal Gold Price-to-Median-PS-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Royal Gold's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Royal Gold's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 13.5562.
Royal Gold's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €14.763.
* 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.
Royal Gold (FRA:RG3) has a Median PS Value of €200.13 as of Jun. 24, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Royal Gold and its competitors. This is 21653% above median its historical median of 0.92. Over the past decade, Royal Gold's Median PS Value has ranged from 0.63 to 1.28. According to the industry distribution chart, Royal Gold ranks #101 out of 397 companies in the Metals & Mining industry, placing it in the top 25.4%.
Is Royal Gold's Median PS Value too high?
Royal Gold's current Median PS Value of €200.13 is 21653% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.28. Based on the distribution chart, Royal Gold ranks #101 out of 397 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Royal Gold has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's Median PS Value compare to CDE and AUGO?
According to the Metals & Mining industry distribution chart, Royal Gold ranks #101 out of 397 companies for Median PS Value. This puts Royal Gold in the upper half of its industry. The industry median Median PS Value is 1.31. Historically, Royal Gold's own Median PS Value has ranged from 0.63 to 1.28 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Metals & Mining company?
The median Median PS Value among Metals & Mining companies is 1.31, based on 397 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Royal Gold and its competitors. For the Metals & Mining industry, the median Median PS Value is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Gold's current Median PS Value is €200.13, which is 21653% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Based on GuruFocus' analysis, Royal Gold (FRA:RG3) is currently considered Modestly Undervalued. The stock's GF Value™ is €238.64, compared to a current price of €181.30 — trading 24% below its estimated fair value. The current Median PS Value is €200.13, which is 21653% above median its 10-year median of 0.92. Royal Gold's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Royal Gold (FRA:RG3), the current Median PS Value is €200.13 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 Royal Gold (FRA:RG3) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued.
The current stock price of €181.30 is trading 24% below its estimated GF Value™ of €238.64.
GuruFocus considers Royal Gold to be Modestly Undervalued.
Key valuation signals for FRA:RG3:
Median PS Value: €200.13 (21653% above median its 10-year median of 0.92)
GF Value™: €238.64 vs. price of €181.30 (24% below fair value)
No single metric tells the full story. See the FRA:RG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
91GF Score
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