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, Deterra Royalties's share price is A$4.93.
Deterra Royalties's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.48. Hence, Deterra Royalties's PS Ratio for today is 10.36.
Warning Sign:
Deterra Royalties Ltd stock PS Ratio (=11.29) is close to 1-year high of 12.47
The historical rank and industry rank for Deterra Royalties's PS Ratio or its related term are showing as below:
ASX:DRR'
s PS Ratio Range Over the Past 10 Years
Min: 7.98 Med: 11.27 Max: 17.67
Current: 10.35
During the past 3 years, Deterra Royalties's highest PS Ratio was 17.67. The lowest was 7.98. And the median was 11.27.
ASX:DRR's PS Ratio is ranked worse than 84.59% of 740
companies
in the Metals & Mining industry
Industry Median: 1.66
vs ASX:DRR: 10.35
The historical data trend for Deterra Royalties'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.
Competitive Comparison of Deterra Royalties's PS Ratio
For the Other Industrial Metals & Mining subindustry, Deterra Royalties'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.
Deterra Royalties's PS Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Deterra Royalties's PS Ratio distribution charts can be found below:
* The bar in red indicates where Deterra Royalties's PS Ratio falls into.
Deterra Royalties 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.
Deterra Royalties's Share Price of today is A$4.93.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Deterra Royalties's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.48.
* 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:
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.
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.
Deterra Royalties PS Ratio Related Terms
Thank you for viewing the detailed overview of Deterra Royalties's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Deterra Royalties was spun out from Iluka Resources in October 2020 with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024 after producing first ore in 2021. The MAC royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Deterra's strategy is to grow into a diversified royalty company.
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