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, New Century Resources's share price is A$1.10.
New Century Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2022 was A$2.98. Hence, New Century Resources's PS Ratio for today is 0.37.
The historical rank and industry rank for New Century Resources's PS Ratio or its related term are showing as below:
ASX:NCZ'
s PS Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.51 Max: 0.9
Current: 0.37
During the past 12 years, New Century Resources's highest PS Ratio was 0.90. The lowest was 0.22. And the median was 0.51.
ASX:NCZ's PS Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 1.65
vs ASX:NCZ: 0.37
* 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 New Century Resources's PS Ratio
For the Other Industrial Metals & Mining subindustry, New Century Resources'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.
New Century Resources's PS Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Century Resources's PS Ratio distribution charts can be found below:
* The bar in red indicates where New Century Resources's PS Ratio falls into.
New Century Resources 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.
New Century Resources's Share Price of today is A$1.10.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New Century Resources's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2022 was A$2.98.
* 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:
New Century Resources (ASX:NCZ) 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.
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.
New Century Resources PS Ratio Related Terms
Thank you for viewing the detailed overview of New Century Resources's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
New Century Resources (ASX:NCZ) Business Description
New Century Resources Ltd is a mining company focused on producing metal from globally significant assets, acquired on attractive terms while rehabilitating legacy impacts on the environment. The company is a Zinc producer, operating Australia's hydraulic mining operation at the Century Mine in Queensland; extracting, processing and shipping Zinc reprocessed from historical tailings waste. It is actively progressing organic growth opportunities through in-situ projects at Century and exploring the potential to restart the Mt Lyell Copper Mine in Tasmania using renewable energy. In addition, the group is partnering with major mining companies to reprocess and rehabilitate tailings, to the benefit of the shareholders and the environment.
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