AXMIN Price/Sales
What is the Price/Sales of AXMIN?
The Price/Sales of AXMIN, Inc. is 225.37
What is the definition of Price/Sales?
Price to sales ratio is a company’s stock price compared to its revenues.
ttm (trailing twelve months)
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.
Price/Sales of companies in the Materials sector on TSXV compared to AXMIN
What does AXMIN do?
AXMIN Inc., a development stage company, engages in the exploration and development of mineral properties in central and West Africa. The company explores for gold properties. Its primary asset is the Passendro gold project located in Central African Republic. The company also holds a royalty interest in the Senegal project located in the Birimian belt of eastern Senegal. AXMIN Inc. is based in Vancouver, Canada.
Companies with price/sales similar to AXMIN
- Escorts Finance has Price/Sales of 224.04
- Ovid Therapeutics Inc has Price/Sales of 224.74
- Renergen has Price/Sales of 224.77
- Histogen has Price/Sales of 224.83
- Unex has Price/Sales of 225.25
- Green Hydrogen Syst. Dk 1 has Price/Sales of 225.31
- AXMIN has Price/Sales of 225.37
- Six Sigma Metals has Price/Sales of 225.50
- Invex Therapeutics Ltd has Price/Sales of 226.80
- Cobalt Blue has Price/Sales of 226.82
- NB Private Equity Partners has Price/Sales of 229.24
- eSense-Lab Ltd has Price/Sales of 229.65
- Warrego has Price/Sales of 231.02