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FOMI (Formation Minerals) PS Ratio : (As of Mar. 04, 2025)


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What is Formation Minerals 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, Formation Minerals's share price is $0.051. Formation Minerals's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2024 was $0.00. Hence, Formation Minerals's PS Ratio for today is .

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

FOMI' s PS Ratio Range Over the Past 10 Years
Min: 1.67   Med: 31.25   Max: 90
Current: 51

During the past 4 years, Formation Minerals's highest PS Ratio was 90.00. The lowest was 1.67. And the median was 31.25.

FOMI's PS Ratio is ranked worse than
98.8% of 919 companies
in the Oil & Gas industry
Industry Median: 1.06 vs FOMI: 51.00

Formation Minerals's Revenue per Sharefor the three months ended in Oct. 2024 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2024 was $0.00.

During the past 12 months, the average Revenue per Share Growth Rate of Formation Minerals was -95.80% per year.

Back to Basics: PS Ratio


Formation Minerals PS Ratio Historical Data

The historical data trend for Formation Minerals'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.

Formation Minerals PS Ratio Chart

Formation Minerals Annual Data
Trend Apr21 Apr22 Apr23 Apr24
PS Ratio
- - - -

Formation Minerals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.25 31.25 - 5.90 -

Competitive Comparison of Formation Minerals's PS Ratio

For the Oil & Gas E&P subindustry, Formation Minerals'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.


Formation Minerals's PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Formation Minerals's PS Ratio distribution charts can be found below:

* The bar in red indicates where Formation Minerals's PS Ratio falls into.



Formation Minerals 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.

Formation Minerals's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.051/0.001
=

Formation Minerals's Share Price of today is $0.051.
Formation Minerals's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $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.

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.


Formation Minerals  (OTCPK:FOMI) 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.


Formation Minerals PS Ratio Related Terms

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Formation Minerals Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 67, Jacksboro, TX, USA, 76458
Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.
Executives
Erik Savenstrand director 505 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
John Damien Trainor director, 10 percent owner, officer: Chief Executive Officer 505 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022