GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Gold Inc (TSX:NGD) » Definitions » Valuation Rank

New Gold (TSX:NGD) Valuation Rank


View and export this data going back to 2002. Start your Free Trial

What is New Gold Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.


New Gold Valuation Rank Related Terms

Thank you for viewing the detailed overview of New Gold's Valuation Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


New Gold (TSX:NGD) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 3320, Toronto, ON, CAN, M5J 2T3
New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver to various banks engaged in the trading of precious metals and refineries.