PSLV : Sprott Physical Silver Trust Stock Profile

Last Updated: 3/12/2024 0:47:16

Sprott Physical Silver Trust trades with the ticker PSLV on the TSX and is in the Asset Management industry.

Overview
Sprott Physical Silver Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in the commodity markets. It primarily invests in physical silver bullion in London Good Delivery bar form. Sprott Physical Silver Trust was formed on June 30, 2010 and is domiciled in Canada.
 

Looking to invest in Sprott Physical Silver Trust? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

PSLV.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $5395.498MM

PE Ratio: 35.355

Price: 8.17 (Updated: 3/12/2024 0:47:16)



Sprott Physical Silver Trust (PSLV) vs Competitors in Asset Management

Lets see how PSLV.TO stacks up against others in the Asset Management asset management industry. We have identified its main peers as:

Aberdeen International Inc, AGF Management Limited, Aimia Inc, Brookfield Asset Management Inc, Canadian Banc Corp

.

Asset Management Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Aberdeen International Inc (AAB) $2.898 N/A 1.021 N/A%
AGF Management Limited (AGF-B) $518.497 6.238 4.162 5.4%
Aimia Inc (AIM) $274.455 N/A 3.924 N/A%
Brookfield Asset Management Inc (BAM-A) $96,441.909 20.732 12.159 1.6%
Canadian Banc Corp (BK) $281.484 N/A 0.0 17.4%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Asset Management

  • Sprott Physical Silver Trust (PSLV) vs Aberdeen International Inc (AAB)
    • PSLV has higher EPS (0.31 vs -0.12). AAB has a P/E under 0, indicating PSLV (P/E 35.355) is in a better position.
  • Sprott Physical Silver Trust (PSLV) vs AGF Management Limited (AGF-B)
    • AGF-B has higher EPS (1.3 vs 0.31). AGF-B provides dividends, while PSLV does not. PSLV has a higher P/E ratio (35.355 vs 6.238) indicating it’s more expensive.
  • Sprott Physical Silver Trust (PSLV) vs Aimia Inc (AIM)
    • PSLV has higher EPS (0.31 vs -1.8). AIM has a P/E under 0, indicating PSLV (P/E 35.355) is in a better position.
  • Sprott Physical Silver Trust (PSLV) vs Brookfield Asset Management Inc (BAM-A)
    • BAM-A has higher EPS (2.84 vs 0.31). BAM-A provides dividends, while PSLV does not. PSLV has a higher P/E ratio (35.355 vs 20.732) indicating it’s more expensive.
  • Sprott Physical Silver Trust (PSLV) vs Canadian Banc Corp (BK)
    • PSLV has higher EPS (0.31 vs -1.81). BK provides dividends, while PSLV does not. BK has a P/E under 0, indicating PSLV (P/E 35.355) is in a better position.

Our Recommendation: Hold
Has a lower P/E ratio (35.35) than the industry average (133.68), indicating potential undervaluation. Features a lower EV/EBITDA ratio (0.00) than the industry average (10.86), indicating attractive valuation.
 

How to Buy PSLV stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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