GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Physical Gold and Silver Trust (ARCA:CEF) » Definitions » PS Ratio

Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) PS Ratio : 14.74 (As of Apr. 27, 2024)


View and export this data going back to 1965. Start your Free Trial

What is Sprott Physical Gold and Silver Trust PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Sprott Physical Gold and Silver Trust's share price is $21.64. Sprott Physical Gold and Silver Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.47. Hence, Sprott Physical Gold and Silver Trust's PS Ratio for today is 14.74.

The historical rank and industry rank for Sprott Physical Gold and Silver Trust's PS Ratio or its related term are showing as below:

CEF' s PS Ratio Range Over the Past 10 Years
Min: 3.53   Med: 8.41   Max: 182.25
Current: 10.95

During the past 13 years, Sprott Physical Gold and Silver Trust's highest PS Ratio was 182.25. The lowest was 3.53. And the median was 8.41.

CEF's PS Ratio is ranked worse than
58.82% of 1411 companies
in the Asset Management industry
Industry Median: 8.26 vs CEF: 10.95

Sprott Physical Gold and Silver Trust's Revenue per Sharefor the three months ended in Dec. 2023 was $1.84. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.47.

Warning Sign:

Sprott Physical Gold and Silver Trust revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Sprott Physical Gold and Silver Trust was 3735.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -31.90% per year.

During the past 13 years, Sprott Physical Gold and Silver Trust's highest 3-Year average Revenue per Share Growth Rate was 51.40% per year. The lowest was -73.90% per year. And the median was 12.40% per year.

Back to Basics: PS Ratio


Sprott Physical Gold and Silver Trust PS Ratio Historical Data

The historical data trend for Sprott Physical Gold and Silver Trust's PS Ratio 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.

Sprott Physical Gold and Silver Trust PS Ratio Chart

Sprott Physical Gold and Silver Trust Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 3.53 - 428.82 11.18

Sprott Physical Gold and Silver Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PS Ratio 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 Premium Member Only Premium Member Only 428.82 182.25 11.63 7.86 11.18

Competitive Comparison of Sprott Physical Gold and Silver Trust's PS Ratio

For the Asset Management subindustry, Sprott Physical Gold and Silver Trust's PS Ratio, along with its competitors' market caps and PS Ratio 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.


Sprott Physical Gold and Silver Trust's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Gold and Silver Trust's PS Ratio distribution charts can be found below:

* The bar in red indicates where Sprott Physical Gold and Silver Trust's PS Ratio falls into.



Sprott Physical Gold and Silver Trust PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Sprott Physical Gold and Silver Trust's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=21.64/1.468
=14.74

Sprott Physical Gold and Silver Trust's Share Price of today is $21.64.
Sprott Physical Gold and Silver Trust'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 $1.47.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Sprott Physical Gold and Silver Trust  (ARCA:CEF) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Sprott Physical Gold and Silver Trust PS Ratio Related Terms

Thank you for viewing the detailed overview of Sprott Physical Gold and Silver Trust's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 2600, P.O. Box 26, Royal Bank Plaza, South Tower, Calgary, AB, CAN, M5J 2J1
Sprott Physical Gold and Silver Trust is a closed-end mutual fund trust. The trust invests and holds all of its assets in physical gold and silver bullion and seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical bullion without the inconvenience that is typical of direct investment.

Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) Headlines

From GuruFocus

Sprott Physical Gold and Silver Trust Establishes ATM Program

By Marketwired Marketwired 03-02-2019

CENTRAL TRUST Co Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-27-2023