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Novagold Resources Inc (AMEX:NG)
P/S Ratio
(As of Today)

As of today, Novagold Resources Inc's share price is $3.12. Novagold Resources Inc's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2014 was $0.00. Hence, Novagold Resources Inc's P/S Ratio for today is .

NG' s 10-Year P/S Ratio Range
Min: 16.27   Max: 1378.7
Current: 0

16.27
1378.7

During the past 13 years, Novagold Resources Inc's highest P/S Ratio was 1378.70. The lowest was 16.27. And the median was 288.93.

NG's P/S Ratiois ranked higher than
61% of the 2662 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 9999.00 vs. NG: 0.00 )

Novagold Resources Inc's Revenue per Share for the three months ended in Aug. 2014 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2014 was $0.00.

During the past 13 years, Novagold Resources Inc's highest 3-Year average Revenue per Share Growth Rate was 108.00% per year. The lowest was 0.00% per year. And the median was -27.90% per year.


Definition

The P/S Ratio is another ratio widely used to value stocks. It was first used by Ken Fisher.

Novagold Resources Inc's P/S Ratio for today is calculated as

P/S Ratio=Share Price/Revenue per Share (TTM)
=3.12/0
=

Novagold Resources Inc's Share Price of today is $3.12.
Novagold Resources Inc's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2014 was 0 (Nov. 2013 ) + 0 (Feb. 2014 ) + 0 (May. 2014 ) + 0 (Aug. 2014 ) = $0.00.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

It can also be calculated from the numbers for the whole company:

P/E Ratio=Market Cap/Revenue

The revenue here is for the trailing 12 months.


Explanation

The P/S ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The P/S ratio works especially well when you want to compare the stock’s current valuation with its historical valuation. The P/S ratio is a great valuation tool for evaluating cyclical businesses where the P/E ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company’s profit margin tends to revert to the mean.

When the P/S ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the Price/Earnings ratio and Price/Cash Flow or Price/Free Cash Flow, the P/E ratio measures the valuation based on the earning power of the company. This is where it is different from Price/Book ratio, which measures the valuation based on the company’s balance sheet.


Be Aware

The P/S ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Related Terms

Revenue per Share, Market Cap, Revenue, Median P/S Value, P/B Ratio, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Novagold Resources Inc Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
ps 145.10161.22276.95125.5322.000.000.000.000.000.00

Novagold Resources Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
ps 0.000.000.000.000.000.000.000.000.000.00
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