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TRX GoldTSX:TRX +4.17%59 PS Ratio is 1.96 as of Jul. 18, 2026, which is 42% below its 10-year median of 3.37. GuruFocus rates TSX:TRX with a GF Score™ of 59/100 and a GF Value™ of C$1.58 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 754 Metals & Mining companies, TRX Gold ranks better than 55.31% 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, TRX Gold's share price is C$1.00.
TRX Gold's Revenue per Share for the trailing twelve months (TTM) ended in May. 2026 was C$0.51. Hence, TRX Gold's PS Ratio for today is 1.96.
Good Sign:
TRX Gold Corp stock PS Ratio (=1.96) is close to 5-year low of 1.9.
The historical rank and industry rank for TRX Gold's PS Ratio or its related term are showing as below:
TSX:TRX'
s PS Ratio Range Over the Past 10 Years
Min: 1.9 Med: 3.37 Max: 31.88
Current: 1.96
During the past 13 years, TRX Gold's highest PS Ratio was 31.88. The lowest was 1.90. And the median was 3.37.
TSX:TRX's PS Ratio is ranked better than 55.31% of 754
companies
in the Metals & Mining industry
Industry Median: 2.265
vs TSX:TRX: 1.96
TRX Gold's Revenue per Sharefor the
three
months ended in May. 2026 was C$0.13.
Its Revenue per Share for the trailing twelve months (TTM) ended in May. 2026 was C$0.51.
During the past 12 months, the average Revenue per Share Growth Rate of TRX Gold was 124.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 54.50% per year.
During the past 13 years, TRX Gold's highest 3-Year average Revenue per Share Growth Rate was 54.50% per year. The lowest was 54.50% per year. And the median was 54.50% per year.
Back to Basics: PS Ratio
TRX Gold (TSX:TRX) 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.
TRX Gold PS Ratio Related Terms
TRX Gold PS Ratio Historical Data
* Premium members only.
The historical data trend for TRX 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, TRX 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.
TRX Gold PS Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, TRX Gold's PS Ratio distribution charts can be found below:
* The bar in red indicates where TRX 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.
TRX Gold's Share Price of today is C$1.00. TRX Gold's Revenue per Share for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.51.
* 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:
TRX Gold (TSX:TRX) has a PS Ratio of 1.96 as of Jul. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on TRX Gold and its competitors. This is 42% below median its historical median of 3.37. Over the past decade, TRX Gold's PS Ratio has ranged from 1.90 to 31.88. According to the industry distribution chart, TRX Gold ranks #337 out of 754 companies in the Metals & Mining industry, placing it in the top 44.7%.
Is TRX Gold's PS Ratio too high?
TRX Gold's current PS Ratio of 1.96 is 42% below median its 10-year median of 3.37. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 31.88. The Metals & Mining industry median PS Ratio is 2.27. TRX Gold's value of 1.96 is 13.5% below this industry median. Based on the distribution chart, TRX Gold ranks #337 out of 754 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, TRX Gold has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #337 out of 754 companies for PS Ratio. This puts TRX Gold in the upper half of its industry. The industry median PS Ratio is 2.27. TRX Gold's value of 1.96 is 13.5% below this benchmark. Historically, TRX Gold's own PS Ratio has ranged from 1.90 to 31.88 over the past decade. While the company's 10-year median is 3.37 vs. the industry median of 2.27, TRX 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 2.27, based on 754 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. TRX Gold's current PS Ratio of 1.96 is 13.5% 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 TRX Gold and its competitors. For the Metals & Mining industry, the median PS Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRX Gold's current PS Ratio is 1.96, which is 42% below median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TSX:TRX) is currently considered Possible Value Trap. The stock's GF Value™ is C$1.58, compared to a current price of C$1.00 — trading 36.7% below its estimated fair value. The current PS Ratio is 1.96, which is 42% below median its 10-year median of 3.37 and 13.5% below the Metals & Mining industry median of 2.27. TRX Gold's overall GF Score™ is 59/100 with 2 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 TRX Gold (TSX:TRX), the current PS Ratio is 1.96 as of Jul. 18, 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 TRX Gold (TSX:TRX) Overvalued in 2026?
Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued.
The current stock price of C$1.00 is trading 36.7% below its estimated GF Value™ of C$1.58.
GuruFocus considers TRX Gold to be Possible Value Trap.
Key valuation signals for TSX:TRX:
PS Ratio: 1.96 (42% below median its 10-year median of 3.37)
GF Value™: C$1.58 vs. price of C$1.00 (36.7% below fair value)
Industry Position: 13.5% below the Metals & Mining median (#337 of 754)
No single metric tells the full story. See the TSX:TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
59GF Score
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