Pan African ResourcesASX:PAF 76 PS Ratio is 3.12 as of Jun. 28, 2026, which is 94% above its 10-year median of 1.61. GuruFocus rates ASX:PAF with a GF Score™ of 76/100 and a GF Value™ of A$1.64. The stock has 3 warning signs investors should review. Among 751 Metals & Mining companies, Pan African Resources ranks worse than 59.25% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Pan African Resources's share price is A$1.96.
Pan African Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.63. Hence, Pan African Resources's PS Ratio for today is 3.12.
The historical rank and industry rank for Pan African Resources's PS Ratio or its related term are showing as below:
ASX:PAF'
s PS Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.61 Max: 8.92
Current: 3.35
During the past 13 years, Pan African Resources's highest PS Ratio was 8.92. The lowest was 0.78. And the median was 1.61.
ASX:PAF's PS Ratio is ranked worse than 59.25% of 751
companies
in the Metals & Mining industry
Industry Median: 2.38
vs ASX:PAF: 3.35
Pan African Resources PLC has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Pan African Resources was 100.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 8.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 9.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 10.60% per year.
During the past 13 years, Pan African Resources's highest 3-Year average Revenue per Share Growth Rate was 30.60% per year. The lowest was -7.50% per year. And the median was 8.10% per year.
Back to Basics: PS Ratio
Pan African Resources (ASX:PAF) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
* 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.
For the Gold subindustry, Pan African Resources's PS Ratio, along with its competitors' market caps and 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.
Pan African Resources PS Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Pan African Resources's PS Ratio distribution charts can be found below:
* The bar in red indicates where Pan African Resources's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Pan African Resources's Share Price of today is A$1.96.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pan African Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.63.
* 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.
It can also be calculated from the numbers for the whole company:
Pan African Resources (ASX:PAF) has a PS Ratio of 3.12 as of Jun. 28, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Pan African Resources and its competitors. This is 94% above median its historical median of 1.61. Over the past decade, Pan African Resources' PS Ratio has ranged from 0.78 to 8.92. According to the industry distribution chart, Pan African Resources ranks #445 out of 751 companies in the Metals & Mining industry, placing it in the top 59.3%.
Is Pan African Resources' PS Ratio too high?
Pan African Resources' current PS Ratio of 3.12 is 94% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 8.92. The Metals & Mining industry median PS Ratio is 2.38. Pan African Resources' value of 3.12 is 31.1% above this industry median. Based on the distribution chart, Pan African Resources ranks #445 out of 751 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Pan African Resources has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Pan African Resources' PS Ratio compare to ?
According to the Metals & Mining industry distribution chart, Pan African Resources ranks #445 out of 751 companies for PS Ratio. This places Pan African Resources in the lower half of its industry. The industry median PS Ratio is 2.38. Pan African Resources' value of 3.12 is 31.1% above this benchmark. Historically, Pan African Resources' own PS Ratio has ranged from 0.78 to 8.92 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 2.38, Pan African Resources 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 PS Ratio for a Metals & Mining company?
The median PS Ratio among Metals & Mining companies is 2.38, based on 751 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pan African Resources's current PS Ratio of 3.12 is 31.1% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Pan African Resources and its competitors. For the Metals & Mining industry, the median PS Ratio is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan African Resources's current PS Ratio is 3.12, which is 94% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan African Resources stock overvalued right now?
Pan African Resources (ASX:PAF) has a current PS Ratio of 3.12. The stock's GF Value™ is A$1.64, compared to a current price of A$1.96 — trading 19.5% above its estimated fair value. The current PS Ratio is 3.12, which is 94% above median its 10-year median of 1.61 and 31.1% above the Metals & Mining industry median of 2.38. Pan African Resources' overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Pan African Resources (ASX:PAF), the current PS Ratio is 3.12 as of Jun. 28, 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 Pan African Resources (ASX:PAF) Overvalued in 2026?
Based on GuruFocus' analysis, Pan African Resources stock appears to be overvalued.
The current stock price of A$1.96 is trading 19.5% above its estimated GF Value™ of A$1.64.
Key valuation signals for ASX:PAF:
PS Ratio: 3.12 (94% above median its 10-year median of 1.61)
GF Value™: A$1.64 vs. price of A$1.96 (19.5% above fair value)
Industry Position: 31.1% above the Metals & Mining median (#445 of 751)
No single metric tells the full story. See the ASX:PAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pan African Resources PLC is engaged in gold mining and exploration activities. The group owns and operates a portfolio of projects located in South Africa, Australia, and an exploration project in Sudan. Its project portfolio comprises Fairview Mine, Sheba and Consort Mines, BTRP, Elikhulu, MTR, Evander Mines, and Tennant Mines. The group's reporting segments are: Mining operations and Other operations. Maximum revenue is generated from the Mining operations segment, which generates revenue from mining, extraction, production, and the sale of gold. The Other operations segment represents its exploration assets in Sudan, Agricultural ESG projects, and other activities. Geographically, the group generates maximum revenue from South Africa, followed by Australia, and UK and Europe.
76GF Score
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