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. Asante Gold's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was GHS15.439. Asante Gold's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is GHS0.00.
As of today (2024-06-20), Asante Gold's share price is GHS8.89. Asante Gold's Median PS Value is GHS0.00. Therefore, Asante Gold's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Asante Gold's Median PS Value or its related term are showing as below:
XGHA:ASG'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.
Asante Gold Median PS Value Historical Data
The historical data trend for Asante 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 Asante Gold's Median PS Value
For the Gold subindustry, Asante 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.
Asante Gold's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Asante Gold's Price-to-Median-PS-Value falls into.
Asante Gold Median PS Value Calculation
Asante Gold's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
Asante Gold's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was GHS15.439.
* 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.
Asante Gold (XGHA:ASG) 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.
Asante Gold's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
8.89
/
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.
Asante Gold Median PS Value Related Terms
Thank you for viewing the detailed overview of Asante Gold's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Asante Gold Corp is an exploration stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.
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