This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Barrick Gold's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.494. Barrick Gold's 10-Year median PS Ratio is 2.3791. Therefore, the Median PS Value for today is $15.45.
As of today (2024-04-25), Barrick Gold's share price is $17.08. Barrick Gold's Median PS Value is $15.45. Therefore, Barrick Gold's Price to Median PS Value for today is 1.11.
The historical rank and industry rank for Barrick Gold's Median PS Value or its related term are showing as below:
GOLD'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.26 Med: 1.08 Max: 1.53
Current: 1.11
During the past 13 years, the highest Price to Median PS Value of Barrick Gold was 1.53. The lowest was 0.26. And the median was 1.08.
GOLD's Price-to-Median-PS-Value is ranked worse than 55.05% of 376
companies
in the Metals & Mining industry
Industry Median: 0.995
vs GOLD: 1.11
Barrick Gold Median PS Value Historical Data
The historical data trend for Barrick Gold's Median PS Value 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 Barrick Gold's Median PS Value
For the Gold subindustry, Barrick Gold's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Barrick Gold's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Barrick Gold's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Barrick Gold's Price-to-Median-PS-Value falls into.
Barrick Gold Median PS Value Calculation
Barrick Gold's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.3791.
Barrick Gold's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.494.
* 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.
Barrick Gold (NYSE:GOLD) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Barrick Gold's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
17.08
/
15.45
=
1.11
* 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.
Barrick Gold Median PS Value Related Terms
Thank you for viewing the detailed overview of Barrick Gold's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2022, the firm produced nearly 4.1 million attributable ounces of gold and about 440 million pounds of copper. At end 2022, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
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