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ClearBridge MLP & Midstream Fund (ClearBridge MLP & Midstream Fund) Median PS Value : $0.00 (As of Apr. 29, 2024)


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What is ClearBridge MLP & Midstream Fund 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. 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:

CEM's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 0.92
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

ClearBridge MLP & Midstream Fund Median PS Value Historical Data

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.

* Premium members only.

ClearBridge MLP & Midstream Fund Median PS Value Chart

ClearBridge MLP & Midstream Fund Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23
Median PS Value
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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 Premium Member Only - - - - -

Competitive Comparison of ClearBridge MLP & Midstream Fund's Median PS Value

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.


ClearBridge MLP & Midstream Fund's Price-to-Median-PS-Value Distribution in the Asset Management Industry

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 Median PS Value Calculation

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.


ClearBridge MLP & Midstream Fund Median PS Value Related Terms

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ClearBridge MLP & Midstream Fund (ClearBridge MLP & Midstream Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
ClearBridge MLP & Midstream Fund Inc. is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in energy master limited partnerships (MLPs) and energy midstream entities.
Executives
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