African Rainbow Minerals Ltd (JSE:ARI) — Market Cap & Net Worth

$1.79 Billion USD  · ZAC3.36 Trillion ZAC  · Rank #6639

Market Cap & Net Worth: African Rainbow Minerals Ltd (ARI)

African Rainbow Minerals Ltd (JSE:ARI) has a market capitalization of $1.79 Billion (ZAC3.36 Trillion) as of September 23, 2026. Listed on the JSE stock exchange, this South Africa-based company holds position #6639 globally and #49 in its home market, demonstrating a -2.24% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying African Rainbow Minerals Ltd's stock price ZAC17154.00 by its total outstanding shares 196053038 (196.05 Million). Also see ARI asset base for a full breakdown of the balance sheet.

African Rainbow Minerals Ltd Market Cap History: 2015 to 2026

African Rainbow Minerals Ltd's market capitalization history from 2015 to 2026. Data shows growth from $230.75 Million to $1.79 Billion (16.93% CAGR). Also see African Rainbow Minerals Ltd (ARI) cash flow conversion for how efficiently the company converts equity into cash flow.

African Rainbow Minerals Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how African Rainbow Minerals Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check ARI stock price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.18x

African Rainbow Minerals Ltd's market cap is 0.18 times its annual revenue

Industry average: 124.69x Lower than industry average

Latest Price to Earnings (P/E) Ratio

6.28x

African Rainbow Minerals Ltd's market cap is 6.28 times its annual earnings

Industry average: 21.41x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $538.56 Million $8.74 Billion -$565.00 Million 0.06x N/A
2017 $782.42 Million $8.16 Billion $1.37 Billion 0.10x 0.57x
2018 $900.46 Million $8.35 Billion $4.56 Billion 0.11x 0.20x
2019 $1.13 Billion $8.83 Billion $3.55 Billion 0.13x 0.32x
2020 $1.98 Billion $11.65 Billion $3.96 Billion 0.17x 0.50x
2021 $2.01 Billion $19.66 Billion $12.63 Billion 0.10x 0.16x
2022 $2.83 Billion $16.92 Billion $12.43 Billion 0.17x 0.23x
2023 $2.08 Billion $14.66 Billion $8.08 Billion 0.14x 0.26x
2024 $1.57 Billion $11.42 Billion $3.15 Billion 0.14x 0.50x
2025 $2.07 Billion $11.66 Billion $330.00 Million 0.18x 6.28x

Competitor Companies of ARI by Market Capitalization

Companies near African Rainbow Minerals Ltd in the global market cap rankings as of September 23, 2026. Review ARI intangible-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to African Rainbow Minerals Ltd by market ranking:

  • BHP Group Ltd (AU:BHP): Ranked #91 globally with a market cap of $220.08 Billion USD ( AU$311.04 Billion AUD).
  • BHP Group (MX:BHPN): Ranked #92 globally with a market cap of $219.15 Billion USD ( MX$3.81 Trillion MXN).
  • Rio Tinto Group (MX:RION): Ranked #191 globally with a market cap of $127.72 Billion USD ( MX$2.22 Trillion MXN).
  • Rio Tinto Group (F:RIOA): Ranked #198 globally with a market cap of $124.66 Billion USD ( €106.63 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#91 BHP Group Ltd AU:BHP $220.08 Billion AU$61.22
#92 BHP Group MX:BHPN $219.15 Billion MX$1499.00
#191 Rio Tinto Group MX:RION $127.72 Billion MX$1769.00
#198 Rio Tinto Group F:RIOA $124.66 Billion €85.00

African Rainbow Minerals Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, African Rainbow Minerals Ltd's market cap moved from $230.75 Million to $ 1.79 Billion, with a yearly change of 16.93%.

Year Market Cap Change (%)
2026 ZAC1.79 Billion -13.76%
2025 ZAC2.07 Billion +32.26%
2024 ZAC1.57 Billion -24.80%
2023 ZAC2.08 Billion -26.40%
2022 ZAC2.83 Billion +40.67%
2021 ZAC2.01 Billion +1.64%
2020 ZAC1.98 Billion +75.12%
2019 ZAC1.13 Billion +25.59%
2018 ZAC900.46 Million +15.09%
2017 ZAC782.42 Million +45.28%
2016 ZAC538.56 Million +133.40%
2015 ZAC230.75 Million --

End of Day Market Cap According to Different Sources

On Sep 23rd, 2026 the market cap of African Rainbow Minerals Ltd was reported to be:

Source Market Cap
Yahoo Finance $1.79 Billion USD
MoneyControl $1.79 Billion USD
MarketWatch $1.79 Billion USD
marketcap.company $1.79 Billion USD
Reuters $1.79 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About African Rainbow Minerals Ltd

JSE:ARI South Africa Other Industrial Metals & Mining
Market Cap
$1.79 Billion
ZAC3.36 Trillion ZAC
Market Cap Rank
#6639 Global
#49 in South Africa
Share Price
ZAC17154.00
Change (1 day)
-1.11%
52-Week Range
ZAC15477.00 - ZAC26792.00
All Time High
ZAC29469.19
About

African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa, Malaysia, and Switzerland. It explores for platinum group metals, nickel, coal, iron ore, copper, manganese ore, and chrome, as well as gold deposits. African Rainbow Minerals Limited was incorporated in 1933 and is based in Sandton, South Africa.