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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. ClearBridge MLP & Midstream Fund's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $6.283. ClearBridge MLP & Midstream Fund's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-04-29), ClearBridge MLP & Midstream Fund's share price is $45.97. ClearBridge MLP & Midstream Fund's Median PS Value is $0.00. Therefore, ClearBridge MLP & Midstream Fund's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for ClearBridge MLP & Midstream Fund's Median PS Value or its related term are showing as below:
The historical data trend for ClearBridge MLP & Midstream Fund'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.
ClearBridge MLP & Midstream Fund Annual Data | |||||||||||
Trend | Nov19 | Nov20 | Nov21 | Nov22 | Nov23 | ||||||
Median PS Value | - | - | - | - | - |
ClearBridge MLP & Midstream Fund Semi-Annual Data | |||||||||
Nov19 | May20 | Nov20 | May21 | Nov21 | May22 | Nov22 | May23 | Nov23 | |
Median PS Value | Get a 7-Day Free Trial | - | - | - | - | - |
For the Asset Management subindustry, ClearBridge MLP & Midstream Fund'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.
For the Asset Management industry and Financial Services sector, ClearBridge MLP & Midstream Fund's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where ClearBridge MLP & Midstream Fund's Price-to-Median-PS-Value falls into.
ClearBridge MLP & Midstream Fund's Median PS Value for today is calculated as
Median PS Value | = | Revenue per Share (TTM) | * | 10-Year Median PS Ratio |
= | 6.283 | * | 0 | |
= | 0.00 |
10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ClearBridge MLP & Midstream Fund's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $6.283.
* 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.
ClearBridge MLP & Midstream Fund (NYSE:CEM) 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.
ClearBridge MLP & Midstream Fund's Price to Median PS Value for today is calculated as
Price to Median PS Value | = | Share Price | / | Median PS Value |
= | 45.97 | / | 0.00 | |
= |
* 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.
Thank you for viewing the detailed overview of ClearBridge MLP & Midstream Fund's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Saba Capital Management, L.p. | 10 percent owner | 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174 |
Oliveira Marc De | officer: Secretary/Chief Legal Officer | C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902 |
Boaz Weinstein | 10 percent owner | 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174 |
Jasna Dolgov | other: General Counsel/Subadviser | CLEARBRIDGE INVESTMENTS, 620 EIGHTH AVENUE, NEW YORK NY 10018 |
Guardian Life Insurance Co Of America | 10 percent owner | 10 HUDSON YARDS, NY NY 10001 |
Mutual Of Omaha Insurance Co | 10 percent owner | 3300 MUTUAL OF OMAHA PLAZA, OMAHA NE 68175 |
United Of Omaha Life Insurance Co | 10 percent owner | MUTUAL OF OMAHA PLZ 3RD FLOOR LAW, ATTN: JAN BROCKMAN, OMAHA NE 68175-1008 |
Daniel P Cronin | director | 235 EAST 42ND ST, NEW YORK NY 10017 |
William R Hutchinson | director | 535 N MICHIGAN STE 1012, CHICAGO IL 60611 |
Chris Eades | other: Portfolio Manager | 620 EIGHTH AVENUE, 48TH FLOOR, NEW YORK NY 10018 |
Laura F Fergerson | other: Manager/Investment Manager | 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670 |
George P. Hoyt | officer: Secretary and Ch Lgl Officer | C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902 |
Gwen L Shaneyfelt | other: Director of Sub-Adviser | ONE FRANKLIN PARKWAY, SAN MATEO CA 94403 |
Jed A. Plafker | other: Director of Sub-Adviser | ONE FRANKLIN PARKWAY, SAN MATEO CA 94403 |
Jennifer M Johnson | other: Director of Sub-Adviser | C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906 |
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