This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. GAMCO Global Gold Natural Resources &ome Trust's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $0.723. GAMCO Global Gold Natural Resources &ome Trust's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-04-15), GAMCO Global Gold Natural Resources &ome Trust's share price is $4.07. GAMCO Global Gold Natural Resources &ome Trust's Median PS Value is $0.00. Therefore, GAMCO Global Gold Natural Resources &ome Trust's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for GAMCO Global Gold Natural Resources &ome Trust's Median PS Value or its related term are showing as below:
GGN's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 0.93 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
GAMCO Global Gold Natural Resources &ome Trust Median PS Value Historical Data
The historical data trend for GAMCO Global Gold Natural Resources &ome Trust's Median PS Value 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.
* Premium members only.
GAMCO Global Gold Natural Resources &ome Trust Annual Data
Trend
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GAMCO Global Gold Natural Resources &ome Trust Semi-Annual Data
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Median PS Value
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Competitive Comparison
For the Asset Management subindustry, GAMCO Global Gold Natural Resources &ome Trust's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
GAMCO Global Gold Natural Resources &ome Trust Price-to-Median-PS-Value Distribution
For the Asset Management industry and Financial Services sector, GAMCO Global Gold Natural Resources &ome Trust's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where GAMCO Global Gold Natural Resources &ome Trust's Price-to-Median-PS-Value falls into.
GAMCO Global Gold Natural Resources &ome Trust Median PS Value Calculation
GAMCO Global Gold Natural Resources &ome Trust's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GAMCO Global Gold Natural Resources &ome Trust's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $0.723.
* 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.
GAMCO Global Gold Natural Resources &ome Trust (AMEX:GGN) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
GAMCO Global Gold Natural Resources &ome Trust's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
4.07
/
0.00
=
* 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.
GAMCO Global Gold Natural Resources &ome Trust Median PS Value Related Terms
Thank you for viewing the detailed overview of GAMCO Global Gold Natural Resources &ome Trust's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
GAMCO Global Gold Natural Resources &ome Trust (GAMCO Global Gold Natural Resources &ome Trust) Business Description
GAMCO Global Gold Natural Resources & Income Trust is a non-diversified closed-end management investment company. Its primary investment objective is to provide a high current income and capital appreciation as its secondary objective. To achieve its objective, the fund may invest 80% of its assets in equity securities of companies principally engaged in the gold and natural resources industries. It also intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio.
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