Thor ExplorationsTSXV:THX -1.87%43 PS Ratio is 1.51 as of Jul. 13, 2026, which is 53% above its 10-year median of 0.99. GuruFocus rates TSXV:THX with a GF Score™ of 43/100 and a GF Value™ of C$0.71 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 753 Metals & Mining companies, Thor Explorations ranks better than 62.55% 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, Thor Explorations's share price is C$1.05.
Thor Explorations's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was C$0.69. Hence, Thor Explorations's PS Ratio for today is 1.51.
Good Sign:
Thor Explorations Ltd stock PS Ratio (=1.51) is close to 1-year low of 1.38.
The historical rank and industry rank for Thor Explorations's PS Ratio or its related term are showing as below:
TSXV:THX'
s PS Ratio Range Over the Past 10 Years
Min: 0.6 Med: 0.99 Max: 25
Current: 1.51
During the past 13 years, Thor Explorations's highest PS Ratio was 25.00. The lowest was 0.60. And the median was 0.99.
TSXV:THX's PS Ratio is ranked better than 62.55% of 753
companies
in the Metals & Mining industry
Industry Median: 2.3
vs TSXV:THX: 1.51
During the past 13 years, Thor Explorations's highest 3-Year average Revenue per Share Growth Rate was 226.30% per year. The lowest was 25.10% per year. And the median was 125.70% per year.
Back to Basics: PS Ratio
Thor Explorations (TSXV:THX) 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.
Thor Explorations PS Ratio Related Terms
Thor Explorations PS Ratio Historical Data
* Premium members only.
The historical data trend for Thor Explorations'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, Thor Explorations'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.
Thor Explorations PS Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Thor Explorations's PS Ratio distribution charts can be found below:
* The bar in red indicates where Thor Explorations'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.
Thor Explorations's Share Price of today is C$1.05. Thor Explorations'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 C$0.69.
* 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:
Thor Explorations (TSXV:THX) has a PS Ratio of 1.51 as of Jul. 13, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Thor Explorations and its competitors. This is 53% above median its historical median of 0.99. Over the past decade, Thor Explorations' PS Ratio has ranged from 0.60 to 25.00. According to the industry distribution chart, Thor Explorations ranks #282 out of 753 companies in the Metals & Mining industry, placing it in the top 37.5%.
Is Thor Explorations' PS Ratio too high?
Thor Explorations' current PS Ratio of 1.51 is 53% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 25.00. The Metals & Mining industry median PS Ratio is 2.30. Thor Explorations' value of 1.51 is 34.3% below this industry median. Based on the distribution chart, Thor Explorations ranks #282 out of 753 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Thor Explorations has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thor Explorations' PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Thor Explorations ranks #282 out of 753 companies for PS Ratio. This puts Thor Explorations in the upper half of its industry. The industry median PS Ratio is 2.30. Thor Explorations' value of 1.51 is 34.3% below this benchmark. Historically, Thor Explorations' own PS Ratio has ranged from 0.60 to 25.00 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 2.30, Thor Explorations 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 2.30, 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. Thor Explorations's current PS Ratio of 1.51 is 34.3% 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 Thor Explorations and its competitors. For the Metals & Mining industry, the median PS Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thor Explorations's current PS Ratio is 1.51, which is 53% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Explorations stock overvalued right now?
Based on GuruFocus' analysis, Thor Explorations (TSXV:THX) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.71, compared to a current price of C$1.05 — trading 47.9% above its estimated fair value. The current PS Ratio is 1.51, which is 53% above median its 10-year median of 0.99 and 34.3% below the Metals & Mining industry median of 2.30. Thor Explorations' overall GF Score™ is 43/100 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 Thor Explorations (TSXV:THX), the current PS Ratio is 1.51 as of Jul. 13, 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 Thor Explorations (TSXV:THX) Overvalued in 2026?
Based on GuruFocus' analysis, Thor Explorations stock appears to be overvalued.
The current stock price of C$1.05 is trading 47.9% above its estimated GF Value™ of C$0.71.
GuruFocus considers Thor Explorations to be Significantly Overvalued.
Key valuation signals for TSXV:THX:
PS Ratio: 1.51 (53% above median its 10-year median of 0.99)
GF Value™: C$0.71 vs. price of C$1.05 (47.9% above fair value)
Industry Position: 34.3% below the Metals & Mining median (#282 of 753)
No single metric tells the full story. See the TSXV:THX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thor Explorations Ltd is a Canadian mineral exploration company engaged in the acquisition, exploration, development, and production of mineral properties located in Nigeria, Senegal, and Cote d'Ivoire. Its project portfolio includes the Segilola Gold Project located in Osun State, Nigeria; the Douta Gold Project located in south-eastern Senegal; and the Guitry Gold Project Cote d'Ivoire. Additionally, the company has entered into two further option agreements to earn the majority interest in the Marahui and Boundiali Exploration licences. Thor Explorations derives revenue mainly from the sale of gold and silver, of which substantial revenue is generated from gold. The company's operations comprise three reportable segments: the Segilola Mine Project, Exploration Projects, and Corporate.
43GF Score
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