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. Altius Minerals's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.421. Altius Minerals's 10-Year median PS Ratio is 12.1605. Therefore, the Median PS Value for today is C$17.28.
As of today (2024-04-27), Altius Minerals's share price is C$22.05. Altius Minerals's Median PS Value is C$17.28. Therefore, Altius Minerals's Price to Median PS Value for today is 1.28.
The historical rank and industry rank for Altius Minerals's Median PS Value or its related term are showing as below:
TSX:ALS'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.19 Med: 0.45 Max: 1.98
Current: 1.28
During the past 13 years, the highest Price to Median PS Value of Altius Minerals was 1.98. The lowest was 0.19. And the median was 0.45.
TSX:ALS's Price-to-Median-PS-Value is ranked worse than 68.62% of 376
companies
in the Metals & Mining industry
Industry Median: 1.01
vs TSX:ALS: 1.28
Altius Minerals Median PS Value Historical Data
The historical data trend for Altius Minerals'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 Altius Minerals's Median PS Value
For the Other Industrial Metals & Mining subindustry, Altius Minerals'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.
Altius Minerals's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Altius Minerals's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Altius Minerals's Price-to-Median-PS-Value falls into.
Altius Minerals Median PS Value Calculation
Altius Minerals's Median PS Value for today is calculated as
10-Year Median PS Ratio is 12.1605.
Altius Minerals'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 C$1.421.
* 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.
Altius Minerals (TSX:ALS) 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.
Altius Minerals's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
22.05
/
17.28
=
1.28
* 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.
Altius Minerals Median PS Value Related Terms
Thank you for viewing the detailed overview of Altius Minerals's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties and Project Generation.
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