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. Pershing Gold's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2018 was $0. Pershing Gold's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is $0.00.
As of today (2024-05-05), Pershing Gold's share price is $1.12. Pershing Gold's Median PS Value is $0.00. Therefore, Pershing Gold's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Pershing Gold's Median PS Value or its related term are showing as below:
PGLC's Price-to-Median-PS-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 1.01 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Pershing Gold Median PS Value Historical Data
The historical data trend for Pershing Gold'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 Pershing Gold's Median PS Value
For the Gold subindustry, Pershing Gold'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.
Pershing Gold's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Pershing Gold's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Pershing Gold's Price-to-Median-PS-Value falls into.
Pershing Gold Median PS Value Calculation
Pershing Gold's Median PS Value for today is calculated as
10-Year Median PS Ratio is .
Pershing Gold's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $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.
Pershing Gold (NAS:PGLC) 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.
Pershing Gold's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
1.12
/
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.
Pershing Gold Median PS Value Related Terms
Thank you for viewing the detailed overview of Pershing Gold's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Pershing Gold (Pershing Gold) Business Description
Pershing Gold Corp is a gold and precious metals exploration company. It pursues exploration, development and mining opportunities primarily in Nevada. The company currently focuses on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. The Relief Canyon properties are located about 100 miles northeast of Reno, Nevada. It operates its business directly and also through its wholly-owned subsidiary, Gold Acquisition Corp. The company seek properties with known mineralization that are in an advanced stage of exploration and have previously undergone drilling but are under-explored.
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