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Eaton Vance NJ Muniome Trust (Eaton Vance NJ Muniome Trust) Median PS Value : $14.33 (As of Apr. 26, 2024)


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What is Eaton Vance NJ Muniome Trust 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. Eaton Vance NJ Muniome Trust's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2018 was $0.501. Eaton Vance NJ Muniome Trust's 10-Year median PS Ratio is 28.6028. Therefore, the Median PS Value for today is $14.33.

As of today (2024-04-26), Eaton Vance NJ Muniome Trust's share price is $12.15. Eaton Vance NJ Muniome Trust's Median PS Value is $14.33. Therefore, Eaton Vance NJ Muniome Trust's Price to Median PS Value for today is 0.85.

The historical rank and industry rank for Eaton Vance NJ Muniome Trust's Median PS Value or its related term are showing as below:

EVJ' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.43   Med: 1.04   Max: 2.61
Current: 0.85

During the past 9 years, the highest Price to Median PS Value of Eaton Vance NJ Muniome Trust was 2.61. The lowest was 0.43. And the median was 1.04.

EVJ's Price-to-Median-PS-Value is not ranked
in the Asset Management industry.
Industry Median: 0.92 vs EVJ: 0.85

Eaton Vance NJ Muniome Trust Median PS Value Historical Data

The historical data trend for Eaton Vance NJ Muniome Trust'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.

Eaton Vance NJ Muniome Trust Median PS Value Chart

Eaton Vance NJ Muniome Trust Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
Median PS Value
Get a 7-Day Free Trial Premium Member Only 27.87 9.15 4.58 14.33 -

Eaton Vance NJ Muniome Trust Semi-Annual Data
May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18
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 4.58 - 14.33 - -

Competitive Comparison of Eaton Vance NJ Muniome Trust's Median PS Value

For the Asset Management subindustry, Eaton Vance NJ Muniome Trust'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.


Eaton Vance NJ Muniome Trust's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance NJ Muniome Trust's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Eaton Vance NJ Muniome Trust's Price-to-Median-PS-Value falls into.



Eaton Vance NJ Muniome Trust Median PS Value Calculation

Eaton Vance NJ Muniome Trust's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.501*28.6028
=14.33

10-Year Median PS Ratio is 28.6028.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Eaton Vance NJ Muniome Trust's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2018 was $0.501.

* 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.


Eaton Vance NJ Muniome Trust  (AMEX:EVJ) 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.

Eaton Vance NJ Muniome Trust's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=12.15/14.33
=0.85

* 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.


Eaton Vance NJ Muniome Trust Median PS Value Related Terms

Thank you for viewing the detailed overview of Eaton Vance NJ Muniome Trust's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance NJ Muniome Trust (Eaton Vance NJ Muniome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Eaton Vance NJ Muni Income Trust is an asset management company. It operates in North America, Europe, Asia and Australia, Eaton Vance and its affiliates offer individuals and institutions investment strategies and wealth management solutions. The Trusts' investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state.
Executives
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109
Group Ag Ubs other: Former 10% Owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Susan J Sutherland other: Trustee MONTPELIER HOUSE, 94 PITTS BAY ROAD, HAMILTON D0 HM 08
Cynthia Frost other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02148
George J. Gorman other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Lynn A Stout director C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109
Valerie Mosley other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance NJ Muniome Trust (Eaton Vance NJ Muniome Trust) Headlines

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