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. Veris Gold's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2014 was $1.251. Veris Gold's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-04-28), Veris Gold's share price is $0.0099. Veris Gold's Median PS Value is $0.00. Therefore, Veris Gold's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Veris Gold's Median PS Value or its related term are showing as below:
YNGFF'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.
Veris Gold Median PS Value Historical Data
The historical data trend for Veris 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 Veris Gold's Median PS Value
For the Gold subindustry, Veris 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.
Veris Gold's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Veris Gold's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Veris Gold's Price-to-Median-PS-Value falls into.
Veris Gold Median PS Value Calculation
Veris Gold's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
Veris Gold's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.251.
* 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.
Veris Gold (OTCPK:YNGFF) 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.
Veris Gold's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.0099
/
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.
Veris Gold Median PS Value Related Terms
Thank you for viewing the detailed overview of Veris Gold's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Veris Gold Corp is a Canadian based company engaged in the gold mining activities. It is engaged in the mining, exploration, and development of mineral properties located in Canada and the United States. The company primarily holds an interest in Jerritt Canyon gold mine located in Elko, Nevada; and the Ketza River property located in the Yukon Territory in Canada. Veris primarily explores for gold, silver, zinc, and copper properties.
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