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 (2024-05-11), Newcrest Mining's share price is $15.59. Newcrest Mining's Median PS Value is $17.37. Therefore, Newcrest Mining's Price to Median PS Value for today is 0.90.
The historical rank and industry rank for Newcrest Mining's Median PS Value or its related term are showing as below:
NCMGY'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.33 Med: 0.88 Max: 1.22
Current: 0.9
During the past 13 years, the highest Price to Median PS Value of Newcrest Mining was 1.22. The lowest was 0.33. And the median was 0.88.
NCMGY's Price-to-Median-PS-Value is not ranked
in the Metals & Mining industry.
Industry Median: 1.025
vs NCMGY: 0.90
Newcrest Mining Median PS Value Historical Data
The historical data trend for Newcrest Mining'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 Newcrest Mining's Median PS Value
For the Gold subindustry, Newcrest Mining'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.
Newcrest Mining's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newcrest Mining's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Newcrest Mining's Price-to-Median-PS-Value falls into.
Newcrest Mining Median PS Value Calculation
Newcrest Mining's Median PS Value for today is calculated as
10-Year Median PS Ratio is 3.454.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Newcrest Mining's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2023 was $5.029.
* 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.
Newcrest Mining (OTCPK:NCMGY) 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.
Newcrest Mining's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
15.59
/
17.37
=
0.90
* 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.
Newcrest Mining Median PS Value Related Terms
Thank you for viewing the detailed overview of Newcrest Mining's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Newcrest Mining (Newcrest Mining) Business Description
Newcrest is an Australia-based gold and, to a lesser extent, copper miner. Operations are mainly in Australia and Papua New Guinea. The company also owns a 32% stake in the Fruta Del Norte gold mine in Ecuador, while the acquisition of Brucejack in 2022 adds to its 70% stake in the Red Chris mine in Canada. The company is likely to produce around 2 million ounces of gold per year over the next decade, making it one of the larger global gold producers but still only accounting for less than 2% of total supply. Cash costs are below the industry average, underpinned by improvements at Lihir and Cadia. Organic growth options include its Havieron prospect, the Red Chris underground mine, and the high-grade Wafi-Golpu copper-gold prospect in PNG.
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