Western Region Gold Co., Ltd.'s high P/S ratio is alarming due to its recent poor revenue growth. If revenue trends persist, the share price may be significantly affected. The company's current situation indicates a potentially challenging period for shareholders.

Despite the market's anticipation of an EPS rebound for Western Region Gold, the company's long-term performance has been disappointing with a 4% loss per year over the last five years. A significant improvement in fundamentals is needed to reverse this trend.

The increase in ROCE and capital employed suggests that Western Region Gold has profitable reinvestment opportunities. Despite the stock's decline over the past five years, it could be a good investment if the valuation and other metrics are also appealing.