Africa Resources ABNGM:AFRI 28 PS Ratio is 0.68 as of Jun. 30, 2026, which is 95% below its 10-year median of 12.67. GuruFocus rates NGM:AFRI with a GF Score™ of 28/100 and a GF Value™ of kr0.57 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 751 Metals & Mining companies, Africa Resources AB ranks better than 80.43% 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, Africa Resources AB's share price is kr0.13.
Africa Resources AB's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was kr0.19. Hence, Africa Resources AB's PS Ratio for today is 0.68.
Good Sign:
Africa Resources AB stock PS Ratio (=0.68) is close to 10-year low of 0.68.
The historical rank and industry rank for Africa Resources AB's PS Ratio or its related term are showing as below:
NGM:AFRI'
s PS Ratio Range Over the Past 10 Years
Min: 0.68 Med: 12.67 Max: 7600
Current: 0.68
During the past 9 years, Africa Resources AB's highest PS Ratio was 7600.00. The lowest was 0.68. And the median was 12.67.
NGM:AFRI's PS Ratio is ranked better than 80.43% of 751
companies
in the Metals & Mining industry
Industry Median: 2.38
vs NGM:AFRI: 0.68
Africa Resources AB revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Africa Resources AB was -6.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 3.10% per year.
During the past 9 years, Africa Resources AB's highest 3-Year average Revenue per Share Growth Rate was 496.30% per year. The lowest was -20.30% per year. And the median was 6.75% per year.
Back to Basics: PS Ratio
Africa Resources AB (NGM:AFRI) 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.
Africa Resources AB PS Ratio Related Terms
Africa Resources AB PS Ratio Historical Data
* Premium members only.
The historical data trend for Africa Resources AB'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 Other Precious Metals & Mining subindustry, Africa Resources AB'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.
Africa Resources AB PS Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Africa Resources AB's PS Ratio distribution charts can be found below:
* The bar in red indicates where Africa Resources AB'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.
Africa Resources AB's Share Price of today is kr0.13. Africa Resources AB'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 kr0.19.
* 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:
Africa Resources AB (NGM:AFRI) has a PS Ratio of 0.68 as of Jun. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Africa Resources AB and its competitors. This is 95% below median its historical median of 12.67. Over the past decade, Africa Resources AB's PS Ratio has ranged from 0.68 to 7,600.00. According to the industry distribution chart, Africa Resources AB ranks #147 out of 751 companies in the Metals & Mining industry, placing it in the top 19.6%.
Is Africa Resources AB's PS Ratio too high?
Africa Resources AB's current PS Ratio of 0.68 is 95% below median its 10-year median of 12.67. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 7,600.00. The Metals & Mining industry median PS Ratio is 2.38. Africa Resources AB's value of 0.68 is 71.4% below this industry median. Based on the distribution chart, Africa Resources AB ranks #147 out of 751 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Africa Resources AB has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Africa Resources AB's PS Ratio compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Africa Resources AB ranks #147 out of 751 companies for PS Ratio. This places Africa Resources AB in the top 20% of its industry — outperforming the majority of peers. The industry median PS Ratio is 2.38. Africa Resources AB's value of 0.68 is 71.4% below this benchmark. Historically, Africa Resources AB's own PS Ratio has ranged from 0.68 to 7,600.00 over the past decade. While the company's 10-year median is 12.67 vs. the industry median of 2.38, Africa Resources AB has consistently been below 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. Africa Resources AB's current PS Ratio of 0.68 is 71.4% below 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 Africa Resources AB 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. Africa Resources AB's current PS Ratio is 0.68, which is 95% below median its own 10-year median of 12.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Resources AB stock overvalued right now?
Based on GuruFocus' analysis, Africa Resources AB (NGM:AFRI) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.57, compared to a current price of kr0.13 — trading 77.2% below its estimated fair value. The current PS Ratio is 0.68, which is 95% below median its 10-year median of 12.67 and 71.4% below the Metals & Mining industry median of 2.38. Africa Resources AB's overall GF Score™ is 28/100 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 Africa Resources AB (NGM:AFRI), the current PS Ratio is 0.68 as of Jun. 30, 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 Africa Resources AB (NGM:AFRI) Overvalued in 2026?
Based on GuruFocus' analysis, Africa Resources AB stock appears to be undervalued.
The current stock price of kr0.13 is trading 77.2% below its estimated GF Value™ of kr0.57.
GuruFocus considers Africa Resources AB to be Possible Value Trap.
Key valuation signals for NGM:AFRI:
PS Ratio: 0.68 (95% below median its 10-year median of 12.67)
GF Value™: kr0.57 vs. price of kr0.13 (77.2% below fair value)
Industry Position: 71.4% below the Metals & Mining median (#147 of 751)
No single metric tells the full story. See the NGM:AFRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Africa Resources AB is engaged in exploration and extraction of minerals in Africa. The company is developing projects based on collaborations with local expertise and partners.
28GF Score
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