GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Core Lithium Corp (GREY:CORX) » Definitions » PS Ratio

Core Lithium (Core Lithium) PS Ratio : 10.75 (As of Jun. 19, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Core Lithium PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Core Lithium's share price is $1.00. Core Lithium's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2014 was $0.09. Hence, Core Lithium's PS Ratio for today is 10.75.

The historical rank and industry rank for Core Lithium's PS Ratio or its related term are showing as below:

CORX's PS Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.6
* Ranked among companies with meaningful PS Ratio only.

Core Lithium's Revenue per Sharefor the three months ended in Dec. 2014 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2014 was $0.09.

Back to Basics: PS Ratio


Core Lithium PS Ratio Historical Data

The historical data trend for Core Lithium's PS Ratio 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.

Core Lithium PS Ratio Chart

Core Lithium Annual Data
Trend Dec11 Dec12 Dec13 Dec14
PS Ratio
146.40 0.16 10.00 15.00

Core Lithium Quarterly Data
Mar11 Sep11 Dec11 Mar12 Sep12 Dec12 Mar13 Sep13 Dec13 Dec14
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.00 15.00

Competitive Comparison of Core Lithium's PS Ratio

For the Other Industrial Metals & Mining subindustry, Core Lithium's PS Ratio, along with its competitors' market caps and PS Ratio 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.


Core Lithium's PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Core Lithium's PS Ratio distribution charts can be found below:

* The bar in red indicates where Core Lithium's PS Ratio falls into.



Core Lithium PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Core Lithium's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.00/0.093
=10.75

Core Lithium's Share Price of today is $1.00.
Core Lithium's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.09.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Core Lithium  (GREY:CORX) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Core Lithium PS Ratio Related Terms

Thank you for viewing the detailed overview of Core Lithium's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Core Lithium (Core Lithium) Business Description

Traded in Other Exchanges
N/A
Address
250 East Fifth Street, 15th Floor, PMB No121, Cincinnati, OH, USA, 45202
Core Lithium Corp is a United States based development stage company. It is engaged in the business of exploration, mining, and development of prospective Lithium assets in North America.

Core Lithium (Core Lithium) Headlines

No Headlines