Heavy Rare Earths (ASX:HRE) Median PS Value : A$0.00 (As of Jun. 04, 2024)

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What is Heavy Rare Earths Median PS Value?

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. Heavy Rare Earths's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$. Heavy Rare Earths's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is A$0.00.

As of today (2024-06-04), Heavy Rare Earths's share price is A$0.035. Heavy Rare Earths's Median PS Value is A$0.00. Therefore, Heavy Rare Earths's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Heavy Rare Earths's Median PS Value or its related term are showing as below:

ASX:HRE's Price-to-Median-PS-Value is not ranked ^*
in the Metals & Mining industry.
Industry Median: 1.04
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Heavy Rare Earths Median PS Value Historical Data

The historical data trend for Heavy Rare Earths'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.

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Heavy Rare Earths Median PS Value Chart

Heavy Rare Earths Annual Data

Trend

Jun23

Median PS Value

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
Median PS Value	-	-	-

Competitive Comparison of Heavy Rare Earths's Median PS Value

For the Other Industrial Metals & Mining subindustry, Heavy Rare Earths'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.

Heavy Rare Earths's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Heavy Rare Earths's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Heavy Rare Earths's Price-to-Median-PS-Value falls into.

Heavy Rare Earths Median PS Value Calculation

Heavy Rare Earths's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=		*
	=

10-Year Median PS Ratio is .
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heavy Rare Earths's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$.

Heavy Rare Earths (ASX:HRE) 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.

Heavy Rare Earths's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	0.035	/
	=

Heavy Rare Earths Median PS Value Related Terms

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Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

Heavy Rare Earths (ASX:HRE) Headlines

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