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Zhongjin GoldSHSE:600489 +2.47%88 PS Ratio is 1.08 as of Jul. 20, 2026, which is 27% above its 10-year median of 0.85. GuruFocus rates SHSE:600489 with a GF Score™ of 88/100 and a GF Value™ of ¥21.43 (Fairly Valued). The stock has 1 warning sign investors should review. Among 752 Metals & Mining companies, Zhongjin Gold ranks better than 68.88% 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, Zhongjin Gold's share price is ¥19.53.
Zhongjin Gold's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ¥18.03. Hence, Zhongjin Gold's PS Ratio for today is 1.08.
Good Sign:
Zhongjin Gold Corp Ltd stock PS Ratio (=1.06) is close to 1-year low of 0.96.
The historical rank and industry rank for Zhongjin Gold's PS Ratio or its related term are showing as below:
SHSE:600489'
s PS Ratio Range Over the Past 10 Years
Min: 0.59 Med: 0.85 Max: 2.25
Current: 1.09
During the past 13 years, Zhongjin Gold's highest PS Ratio was 2.25. The lowest was 0.59. And the median was 0.85.
SHSE:600489's PS Ratio is ranked better than 68.88% of 752
companies
in the Metals & Mining industry
Industry Median: 2.235
vs SHSE:600489: 1.09
During the past 12 months, the average Revenue per Share Growth Rate of Zhongjin Gold was 30.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 11.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 2.80% per year.
During the past 13 years, Zhongjin Gold's highest 3-Year average Revenue per Share Growth Rate was 96.70% per year. The lowest was -5.90% per year. And the median was 6.30% per year.
Back to Basics: PS Ratio
Zhongjin Gold (SHSE:600489) 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.
Zhongjin Gold PS Ratio Related Terms
Zhongjin Gold PS Ratio Historical Data
* Premium members only.
The historical data trend for Zhongjin Gold'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 Gold subindustry, Zhongjin Gold'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.
Zhongjin Gold PS Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zhongjin Gold's PS Ratio distribution charts can be found below:
* The bar in red indicates where Zhongjin Gold'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.
Zhongjin Gold's Share Price of today is ¥19.53. Zhongjin 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 ¥18.03.
* 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:
Zhongjin Gold (SHSE:600489) has a PS Ratio of 1.08 as of Jul. 20, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Zhongjin Gold and its competitors. This is 27% above median its historical median of 0.85. Over the past decade, Zhongjin Gold's PS Ratio has ranged from 0.59 to 2.25. According to the industry distribution chart, Zhongjin Gold ranks #234 out of 752 companies in the Metals & Mining industry, placing it in the top 31.1%.
Is Zhongjin Gold's PS Ratio too high?
Zhongjin Gold's current PS Ratio of 1.08 is 27% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.25. The Metals & Mining industry median PS Ratio is 2.24. Zhongjin Gold's value of 1.08 is 51.7% below this industry median. Based on the distribution chart, Zhongjin Gold ranks #234 out of 752 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Zhongjin Gold has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongjin Gold's PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zhongjin Gold ranks #234 out of 752 companies for PS Ratio. This puts Zhongjin Gold in the upper half of its industry. The industry median PS Ratio is 2.24. Zhongjin Gold's value of 1.08 is 51.7% below this benchmark. Historically, Zhongjin Gold's own PS Ratio has ranged from 0.59 to 2.25 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 2.24, Zhongjin Gold 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 2.24, based on 752 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. Zhongjin Gold's current PS Ratio of 1.08 is 51.7% 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 Zhongjin Gold and its competitors. For the Metals & Mining industry, the median PS Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongjin Gold's current PS Ratio is 1.08, which is 27% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongjin Gold stock overvalued right now?
Based on GuruFocus' analysis, Zhongjin Gold (SHSE:600489) is currently considered Fairly Valued. The stock's GF Value™ is ¥21.43, compared to a current price of ¥19.53 — trading 8.9% below its estimated fair value. The current PS Ratio is 1.08, which is 27% above median its 10-year median of 0.85 and 51.7% below the Metals & Mining industry median of 2.24. Zhongjin Gold's overall GF Score™ is 88/100 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 Zhongjin Gold (SHSE:600489), the current PS Ratio is 1.08 as of Jul. 20, 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 Zhongjin Gold (SHSE:600489) Overvalued in 2026?
Based on GuruFocus' analysis, Zhongjin Gold stock appears to be undervalued.
The current stock price of ¥19.53 is trading 8.9% below its estimated GF Value™ of ¥21.43.
GuruFocus considers Zhongjin Gold to be Fairly Valued.
Key valuation signals for SHSE:600489:
PS Ratio: 1.08 (27% above median its 10-year median of 0.85)
GF Value™: ¥21.43 vs. price of ¥19.53 (8.9% below fair value)
Industry Position: 51.7% below the Metals & Mining median (#234 of 752)
No single metric tells the full story. See the SHSE:600489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhongjin Gold Corp Ltd engages in the mining, smelting, and sale of non-ferrous metals in China. Its products include gold, electrolytic silver and copper, sulfuric acid, and other products, as well as iron oxide pigments. The company operates its business in both the domestic and overseas market.
88GF Score
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