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.
As of today (2024-06-08), Magnetite Mines's share price is A$0.37. Magnetite Mines's Median PS Value is A$0.00. Therefore, Magnetite Mines's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Magnetite Mines's Median PS Value or its related term are showing as below:
ASX:MGT's Price-to-Median-PS-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 1.02 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Magnetite Mines Median PS Value Historical Data
The historical data trend for Magnetite Mines'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.
Competitive Comparison of Magnetite Mines's Median PS Value
For the Other Industrial Metals & Mining subindustry, Magnetite Mines'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.
Magnetite Mines's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magnetite Mines's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Magnetite Mines's Price-to-Median-PS-Value falls into.
Magnetite Mines Median PS Value Calculation
Magnetite Mines's Median PS Value for today is calculated as
10-Year Median PS Ratio is .
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magnetite Mines's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.
* 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.
Magnetite Mines (ASX:MGT) 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.
Magnetite Mines's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.37
/
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.
Magnetite Mines Median PS Value Related Terms
Thank you for viewing the detailed overview of Magnetite Mines's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Magnetite Mines Ltd is a mineral exploration company. It shows interest in the Razorback Iron Project located in the province of South Australia. The Group operates in one operating segment and one geographical area, which is Mineral Exploration in Australia. The company's other projects include Muster Dam Iron Ore Project and Global Drivers For High-Grade Iron Ore project.
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