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. NioCorp Developments's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0. NioCorp Developments's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is $0.00.
As of today (2024-04-23), NioCorp Developments's share price is $2.48. NioCorp Developments's Median PS Value is $0.00. Therefore, NioCorp Developments's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for NioCorp Developments's Median PS Value or its related term are showing as below:
NB's Price-to-Median-PS-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 0.97 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
NioCorp Developments Median PS Value Historical Data
The historical data trend for NioCorp Developments'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.
For the Other Industrial Metals & Mining subindustry, NioCorp Developments'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.
NioCorp Developments Price-to-Median-PS-Value Distribution
For the Metals & Mining industry and Basic Materials sector, NioCorp Developments's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where NioCorp Developments's Price-to-Median-PS-Value falls into.
NioCorp Developments Median PS Value Calculation
NioCorp Developments's Median PS Value for today is calculated as
10-Year Median PS Ratio is .
NioCorp Developments'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 $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.
NioCorp Developments (NAS:NB) 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.
NioCorp Developments's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
2.48
/
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.
NioCorp Developments Median PS Value Related Terms
Thank you for viewing the detailed overview of NioCorp Developments's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
NioCorp Developments (NioCorp Developments) Business Description
NioCorp Developments Ltd is a pure play critical minerals project in Nebraska that plans to produce niobium, scandium, titanium, and magnetic rare earths. The Elk Creek Project is the highest-grade Niobium project under development in North America and is the second largest indicated or rare earth Mineral Resource in the United States. All of NioCorp's planned products are designed as critical by the United States Government. All are vital to clean technologies and the global energy transition.
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