Argent IndustrialJSE:ART -0.80%76 PS Ratio is 0.73 as of Jul. 12, 2026, which is 121% above its 10-year median of 0.33. GuruFocus rates JSE:ART with a GF Score™ of 76/100 and a GF Value™ of R29.94 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 610 Steel companies, Argent Industrial ranks worse than 57.05% 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, Argent Industrial's share price is R38.20.
Argent Industrial's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was R52.62. Hence, Argent Industrial's PS Ratio for today is 0.73.
Warning Sign:
Argent Industrial Ltd stock PS Ratio (=0.73) is close to 10-year high of 0.73.
The historical rank and industry rank for Argent Industrial's PS Ratio or its related term are showing as below:
JSE:ART'
s PS Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.33 Max: 0.73
Current: 0.73
During the past 13 years, Argent Industrial's highest PS Ratio was 0.73. The lowest was 0.17. And the median was 0.33.
JSE:ART's PS Ratio is ranked worse than 57.05% of 610
companies
in the Steel industry
Industry Median: 0.59
vs JSE:ART: 0.73
During the past 12 months, the average Revenue per Share Growth Rate of Argent Industrial was 8.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 12.70% per year.
During the past 13 years, Argent Industrial's highest 3-Year average Revenue per Share Growth Rate was 26.00% per year. The lowest was -3.30% per year. And the median was 4.70% per year.
Back to Basics: PS Ratio
Argent Industrial (JSE:ART) 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.
Argent Industrial PS Ratio Related Terms
Argent Industrial PS Ratio Historical Data
* Premium members only.
The historical data trend for Argent Industrial'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.
For the Steel subindustry, Argent Industrial'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.
Argent Industrial PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Argent Industrial's PS Ratio distribution charts can be found below:
* The bar in red indicates where Argent Industrial'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.
Argent Industrial's Share Price of today is R38.20.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argent Industrial's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was R52.62.
* 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:
Argent Industrial (JSE:ART) has a PS Ratio of 0.73 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 Argent Industrial and its competitors. This is 121% above median its historical median of 0.33. Over the past decade, Argent Industrial's PS Ratio has ranged from 0.17 to 0.73. According to the industry distribution chart, Argent Industrial ranks #348 out of 610 companies in the Steel industry, placing it in the top 57%.
Is Argent Industrial's PS Ratio too high?
Argent Industrial's current PS Ratio of 0.73 is 121% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.73. The Steel industry median PS Ratio is 0.59. Argent Industrial's value of 0.73 is 23.7% above this industry median. Based on the distribution chart, Argent Industrial ranks #348 out of 610 companies in the Steel industry, which is below the industry midpoint. Overall, Argent Industrial has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Argent Industrial ranks #348 out of 610 companies for PS Ratio. This places Argent Industrial in the lower half of its industry. The industry median PS Ratio is 0.59. Argent Industrial's value of 0.73 is 23.7% above this benchmark. Historically, Argent Industrial's own PS Ratio has ranged from 0.17 to 0.73 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.59, Argent Industrial 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 Steel company?
The median PS Ratio among Steel companies is 0.59, based on 610 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. Argent Industrial's current PS Ratio of 0.73 is 23.7% 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 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 Argent Industrial and its competitors. For the Steel industry, the median PS Ratio is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argent Industrial's current PS Ratio is 0.73, which is 121% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Industrial stock overvalued right now?
Based on GuruFocus' analysis, Argent Industrial (JSE:ART) is currently considered Modestly Overvalued. The stock's GF Value™ is R29.94, compared to a current price of R38.20 — trading 27.6% above its estimated fair value. The current PS Ratio is 0.73, which is 121% above median its 10-year median of 0.33 and 23.7% above the Steel industry median of 0.59. Argent Industrial's overall GF Score™ is 76/100 with 6 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 Argent Industrial (JSE:ART), the current PS Ratio is 0.73 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.
Is Argent Industrial (JSE:ART) Overvalued in 2026?
Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued.
The current stock price of R38.20 is trading 27.6% above its estimated GF Value™ of R29.94.
GuruFocus considers Argent Industrial to be Modestly Overvalued.
Key valuation signals for JSE:ART:
PS Ratio: 0.73 (121% above median its 10-year median of 0.33)
GF Value™: R29.94 vs. price of R38.20 (27.6% above fair value)
Industry Position: 23.7% above the Steel median (#348 of 610)
No single metric tells the full story. See the JSE:ART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group's manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
76GF Score
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