PT Merdeka Gold Resources Tbk (ISX:EMAS) PS Ratio: 1,820.71 (As of Jul. 12, 2026) — 77% Below Median


ISX:EMAS PT Merdeka Gold Resources Tbk ISX:EMAS
1 GF Score
Price Rp5,575.00
! 1 Warning Sign
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What is PT Merdeka Gold Resources Tbk PS Ratio?

PT Merdeka Gold Resources Tbk ISX:EMAS +0.45% 1 PS Ratio is 1,820.71 as of Jul. 12, 2026, which is 77% below its 10-year median of 7,786.26. GuruFocus rates ISX:EMAS with a GF Score™ of 1/100. The stock has 1 warning sign investors should review. Among 753 Metals & Mining companies, PT Merdeka Gold Resources Tbk ranks worse than 99.6% 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, PT Merdeka Gold Resources Tbk's share price is Rp5575.00. PT Merdeka Gold Resources Tbk's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was Rp3.06. Hence, PT Merdeka Gold Resources Tbk's PS Ratio for today is 1,820.71.

Good Sign:

PT Merdeka Gold Resources Tbk stock PS Ratio (=1820.71) is close to 1-year low of 1820.71.

The historical rank and industry rank for PT Merdeka Gold Resources Tbk's PS Ratio or its related term are showing as below:

ISX:EMAS' s PS Ratio Range Over the Past 10 Years
Min: 1820.71   Med: 7786.26   Max: 431818.18
Current: 1820.71

During the past 4 years, PT Merdeka Gold Resources Tbk's highest PS Ratio was 431818.18. The lowest was 1820.71. And the median was 7786.26.

ISX:EMAS's PS Ratio is ranked worse than
99.6% of 753 companies
in the Metals & Mining industry
Industry Median: 2.31 vs ISX:EMAS: 1820.71

PT Merdeka Gold Resources Tbk's Revenue per Sharefor the three months ended in Mar. 2026 was Rp3.04. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was Rp3.06.

During the past 12 months, the average Revenue per Share Growth Rate of PT Merdeka Gold Resources Tbk was 484.40% per year.

Back to Basics: PS Ratio


PT Merdeka Gold Resources Tbk  (ISX:EMAS) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


PT Merdeka Gold Resources Tbk PS Ratio Related Terms


PT Merdeka Gold Resources Tbk PS Ratio Historical Data

* Premium members only.

The historical data trend for PT Merdeka Gold Resources Tbk's PS Ratio 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.

PT Merdeka Gold Resources Tbk PS Ratio Chart

PT Merdeka Gold Resources Tbk Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PS Ratio
0.00 0.00 0.00 36,038.96

PT Merdeka Gold Resources Tbk Quarterly Data
Dec22 Dec23 Mar24 Dec24 Mar25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 36,038.96 2,677.99

ISX:EMAS vs NEM, AU, RGLD: PS Ratio Comparison

For the Gold subindustry, PT Merdeka Gold Resources Tbk'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.


PT Merdeka Gold Resources Tbk PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Gold Resources Tbk's PS Ratio distribution charts can be found below:

* The bar in red indicates where PT Merdeka Gold Resources Tbk's PS Ratio falls into.


ISX:EMAS
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PT Merdeka Gold Resources Tbk ISX:EMAS
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Merdeka Gold Resources Tbk PS Ratio Calculation

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.

PT Merdeka Gold Resources Tbk's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=5575.00/3.062
=1,820.71

PT Merdeka Gold Resources Tbk's Share Price of today is Rp5575.00.
PT Merdeka Gold Resources Tbk'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 Rp3.06.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 1,820.71 mean?
PT Merdeka Gold Resources Tbk (ISX:EMAS) has a PS Ratio of 1,820.71 as of Jul. 12, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on PT Merdeka Gold Resources Tbk and its competitors. This is 77% below median its historical median of 7,786.26. Over the past decade, PT Merdeka Gold Resources Tbk's PS Ratio has ranged from 1,820.71 to 431,818.18. According to the industry distribution chart, PT Merdeka Gold Resources Tbk ranks #750 out of 753 companies in the Metals & Mining industry, placing it in the top 99.6%.
Is PT Merdeka Gold Resources Tbk's PS Ratio too high?
PT Merdeka Gold Resources Tbk's current PS Ratio of 1,820.71 is 77% below median its 10-year median of 7,786.26. Over the past 10 years, this metric has ranged from a low of 1,820.71 to a high of 431,818.18. The Metals & Mining industry median PS Ratio is 2.31. PT Merdeka Gold Resources Tbk's value of 1,820.71 is 78718.6% above this industry median. Based on the distribution chart, PT Merdeka Gold Resources Tbk ranks #750 out of 753 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, PT Merdeka Gold Resources Tbk has a GF Score™ of 1/100, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Gold Resources Tbk's PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, PT Merdeka Gold Resources Tbk ranks #750 out of 753 companies for PS Ratio. This places PT Merdeka Gold Resources Tbk in the lower half of its industry. The industry median PS Ratio is 2.31. PT Merdeka Gold Resources Tbk's value of 1,820.71 is 78718.6% above this benchmark. Historically, PT Merdeka Gold Resources Tbk's own PS Ratio has ranged from 1,820.71 to 431,818.18 over the past decade. While the company's 10-year median is 7,786.26 vs. the industry median of 2.31, PT Merdeka Gold Resources Tbk 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 2.31, based on 753 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. PT Merdeka Gold Resources Tbk's current PS Ratio of 1,820.71 is 78718.6% 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 PT Merdeka Gold Resources Tbk and its competitors. For the Metals & Mining industry, the median PS Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Merdeka Gold Resources Tbk's current PS Ratio is 1,820.71, which is 77% below median its own 10-year median of 7,786.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Gold Resources Tbk stock overvalued right now?
PT Merdeka Gold Resources Tbk (ISX:EMAS) has a current PS Ratio of 1,820.71. The current PS Ratio is 1,820.71, which is 77% below median its 10-year median of 7,786.26 and 78718.6% above the Metals & Mining industry median of 2.31. PT Merdeka Gold Resources Tbk's overall GF Score™ is 1/100 with 1 warning sign 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 PT Merdeka Gold Resources Tbk (ISX:EMAS), the current PS Ratio is 1,820.71 as of Jul. 12, 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.

PT Merdeka Gold Resources Tbk Business Description

Other Exchanges 06228:Hong Kong
Address Jl. Jend. Sudirman, Kav. 52-53, Senayan, Treasury Tower, Lantai 67/67th Floor, District 8 SCBD Lot. 28, Kebayoran Baru, Jakarta Selatan, IDN, 12190
PT Merdeka Gold Resources Tbk operates as a holding company overseeing a group engaged in gold mining and associated minerals, processing operations, and other vertically integrated related activities. Its products include gold products in the form of semi-finished gold bars produced from gold mining and ore processing activities, by-products derived from the gold processing activities, including silver contained in the dore bullion, integrated mining services and activities, covering exploration, mining, processing, and initial refining activities conducted through EMAS Group, and supporting mining-related services, including mine management, mining infrastructure, and other related activities within a vertically integrated value chain. It operates in single segment.
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Rp5,575.00
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