African Rainbow Minerals (JSE:ARI) Median PS Value

: R218.25 (As of Today)

View and export this data going back to 1944. Start your Free Trial

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. African Rainbow Minerals's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R59.734. African Rainbow Minerals's 10-Year median PS Ratio is 3.6537. Therefore, the Median PS Value for today is R218.25.

As of today (2024-04-23), African Rainbow Minerals's share price is R194.47. African Rainbow Minerals's Median PS Value is R218.25. Therefore, African Rainbow Minerals's Price to Median PS Value for today is 0.89.

The historical rank and industry rank for African Rainbow Minerals's Median PS Value or its related term are showing as below:

JSE:ARI' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.62 Med: 0.92 Max: 1.46
Current: 0.89

During the past 13 years, the highest Price to Median PS Value of African Rainbow Minerals was 1.46. The lowest was 0.62. And the median was 0.92.

JSE:ARI's Price-to-Median-PS-Value is ranked better than
56.91% of 376 companies
in the Metals & Mining industry
Industry Median: 0.975 vs JSE:ARI: 0.89

African Rainbow Minerals Median PS Value Historical Data

The historical data trend for African Rainbow Minerals'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.

* Premium members only.

African Rainbow Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Median PS Value

125.05

162.35

273.66

238.11

218.25

African Rainbow Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Median PS Value																-	238.11	-	218.25	-

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.

African Rainbow Minerals Price-to-Median-PS-Value Distribution

For the Metals & Mining industry and Basic Materials sector, African Rainbow Minerals's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where African Rainbow Minerals's Price-to-Median-PS-Value falls into.

African Rainbow Minerals Median PS Value Calculation

African Rainbow Minerals's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	59.734	*	3.6537
	=	218.25

10-Year Median PS Ratio is 3.6537.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. African Rainbow Minerals's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R59.734.

African Rainbow Minerals (JSE:ARI) 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.

African Rainbow Minerals's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	194.47	/	218.25
	=	0.89

African Rainbow Minerals Median PS Value Related Terms

Thank you for viewing the detailed overview of African Rainbow Minerals's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.

African Rainbow Minerals (JSE:ARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » African Rainbow Minerals Ltd (JSE:ARI) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

AFBOF:USA EB9:Germany

Address

29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196

Website

https://www.arm.co.za

African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: platinum, ferrous, coal, copper, and corporate. In addition, African Rainbow Minerals has an investment in gold through its shareholding in Harmony. Ferrous is the group's largest division, contributing roughly half of group revenue, closely trailed by the platinum division. The platinum division includes the Two Rivers Platinum Mine as a 51% subsidiary and an interest in the Modikwa Platinum Mine. The ferrous division comprises Assmang as a 50% joint venture, which includes iron ore, manganese, and chrome operations.