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.
The historical rank and industry rank for Dorchester Minerals LP's Median PS Value or its related term are showing as below:
DMLP'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.57 Med: 0.76 Max: 1.27
Current: 0.84
During the past 13 years, the highest Price to Median PS Value of Dorchester Minerals LP was 1.27. The lowest was 0.57. And the median was 0.76.
DMLP's Price-to-Median-PS-Value is ranked better than 53.87% of 568
companies
in the Oil & Gas industry
Industry Median: 0.88
vs DMLP: 0.84
Dorchester Minerals LP Median PS Value Historical Data
The historical data trend for Dorchester Minerals LP'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 Dorchester Minerals LP's Median PS Value
For the Oil & Gas E&P subindustry, Dorchester Minerals LP'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.
Dorchester Minerals LP's Price-to-Median-PS-Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dorchester Minerals LP's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Dorchester Minerals LP's Price-to-Median-PS-Value falls into.
Dorchester Minerals LP Median PS Value Calculation
10-Year Median PS Ratio is 9.3526.
Dorchester Minerals LP's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.217.
* 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.
Dorchester Minerals LP (NAS:DMLP) 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.
Dorchester Minerals LP's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
33.05
/
39.44
=
0.84
* 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.
Dorchester Minerals LP Median PS Value Related Terms
Thank you for viewing the detailed overview of Dorchester Minerals LP's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Dorchester Minerals LP (Dorchester Minerals LP) Business Description
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DMLP has been successfully added to your 