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 Hope's share price is $3.01.
New Hope's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $1.52. Hence, New Hope's PS Ratio for today is 1.99.
Good Sign:
New Hope Corp Ltd stock PS Ratio (=1.58) is close to 2-year low of 1.48
The historical rank and industry rank for New Hope's PS Ratio or its related term are showing as below:
NHPEF'
s PS Ratio Range Over the Past 10 Years
Min: 0.73 Med: 2.37 Max: 6.19
Current: 2.02
During the past 13 years, New Hope's highest PS Ratio was 6.19. The lowest was 0.73. And the median was 2.37.
NHPEF's PS Ratio is ranked worse than 73.81% of 126
companies
in the Other Energy Sources industry
Industry Median: 1.04
vs NHPEF: 2.02
New Hope's Revenue per Sharefor the
six
months ended in Jan. 2024 was $0.67.
Its Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $1.52.
Warning Sign:
New Hope Corp Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of New Hope was -31.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 31.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 18.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 17.00% per year.
During the past 13 years, New Hope's highest 3-Year average Revenue per Share Growth Rate was 39.60% per year. The lowest was -56.40% per year. And the median was 12.10% per year.
Back to Basics: PS Ratio
New Hope PS Ratio Historical Data
The historical data trend for New Hope'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.
For the Thermal Coal subindustry, New Hope'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 Hope's PS Ratio Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, New Hope's PS Ratio distribution charts can be found below:
* The bar in red indicates where New Hope's PS Ratio falls into.
New Hope 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 Hope's Share Price of today is $3.01.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New Hope's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $1.52.
* 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.
New Hope PS Ratio Related Terms
Thank you for viewing the detailed overview of New Hope's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should produce around 13 million metric tons of equity salable thermal coal annually from fiscal 2027, up from around 8 million in fiscal 2023, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 15% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.
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