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Element 29 Resources (Element 29 Resources) Median PS Value : $0.00 (As of Jun. 10, 2024)


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What is Element 29 Resources 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. Element 29 Resources's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0. Element 29 Resources's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is $0.00.

As of today (2024-06-10), Element 29 Resources's share price is $0.2276. Element 29 Resources's Median PS Value is $0.00. Therefore, Element 29 Resources's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Element 29 Resources's Median PS Value or its related term are showing as below:

EMTRF's Price-to-Median-PS-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 1.02
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Element 29 Resources Median PS Value Historical Data

The historical data trend for Element 29 Resources'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.

* Premium members only.

Element 29 Resources Median PS Value Chart

Element 29 Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
- - - - -

Element 29 Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Element 29 Resources's Median PS Value

For the Copper subindustry, Element 29 Resources'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.


Element 29 Resources's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Element 29 Resources's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Element 29 Resources's Price-to-Median-PS-Value falls into.



Element 29 Resources Median PS Value Calculation

Element 29 Resources's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0*
=0.00

10-Year Median PS Ratio is .
Element 29 Resources's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.

* 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.


Element 29 Resources  (OTCPK:EMTRF) 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.

Element 29 Resources's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=0.2276/0.00
=

* 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.


Element 29 Resources Median PS Value Related Terms

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Element 29 Resources (Element 29 Resources) Business Description

Traded in Other Exchanges
Address
1650 - 1066 West Hastings Street, Vancouver, BC, CAN, V6C3X1
Element 29 Resources Inc is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties. Its projects include the Flor de Cobre copper project and the Elida copper Project, among others. It has one business segment, the exploration of mineral properties. The company's properties are located in Peru.

Element 29 Resources (Element 29 Resources) Headlines