TNG Price/Sales

Cos'è Price/Sales di TNG?

Price/Sales di TNG Limited è N/A

Qual è la definizione di Price/Sales?

Il rapporto prezzo / vendite è il prezzo delle azioni di una società rispetto ai suoi ricavi.

The price to sales ratio, Price/Sales ratio, P/S ratio, or PSR, is a valuation metric for stocks. It is calculated by dividing the company's market cap by the revenue in the most recent year. It can also be calculated by dividing the per-share stock price by per-share revenue. The price to sales ratio is for trailing twelve months so the reported sales are for the four previous quarters. Longer time periods can be examined at times.

A smaller price to sales ratio is usually thought to be a better investment since the investor is paying less for each unit of sales. However, sales do not reveal the whole picture, as the company may be unprofitable with a low P/S ratio. Because of the limitations, this ratio is usually used only for unprofitable companies, since they don't have a price to earnings ratio (P/E ratio). The metric can be used to determine the value of a stock relative to its past performance. It may also be used to determine relative valuation of a sector or the market as a whole.

Price to sales ratios vary greatly between sectors, so they are most useful in comparing similar stocks within a sector or sub-sector. Comparing P/S ratios carries the implicit assumption that all firms in the comparison have an identical capital structure.

Cosa fa TNG?

TNG Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It explores for iron ore, vanadium, titanium, nickel, and cobalt deposits. The company's flagship property is the Mount Peake project located to the north-west of Alice Springs in the Northern Territory. TNG Limited was incorporated in 1970 and is based in Subiaco, Australia.