The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Aberdeen Australia Equity Fund's share price is $4.22.
Aberdeen Australia Equity Fund's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.11. Hence, Aberdeen Australia Equity Fund's PS Ratio for today is 37.02.
Warning Sign:
Aberdeen Australia Equity Fund Inc stock PS Ratio (=39.81) is close to 10-year high of 40.85
The historical rank and industry rank for Aberdeen Australia Equity Fund's PS Ratio or its related term are showing as below:
IAF'
s PS Ratio Range Over the Past 10 Years
Min: 2.09 Med: 6.86 Max: 40.85
Current: 37.02
During the past 13 years, Aberdeen Australia Equity Fund's highest PS Ratio was 40.85. The lowest was 2.09. And the median was 6.86.
IAF's PS Ratio is ranked worse than 86.53% of 1411
companies
in the Asset Management industry
Industry Median: 8.26
vs IAF: 37.02
During the past 13 years, Aberdeen Australia Equity Fund's highest 3-Year average Revenue per Share Growth Rate was 44.50% per year. The lowest was -32.20% per year. And the median was 7.70% per year.
Back to Basics: PS Ratio
Aberdeen Australia Equity Fund PS Ratio Historical Data
* 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.
Competitive Comparison of Aberdeen Australia Equity Fund's PS Ratio
For the Asset Management subindustry, Aberdeen Australia Equity Fund's PS Ratio, along with its competitors' market caps and PS Ratio 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.
Aberdeen Australia Equity Fund's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Aberdeen Australia Equity Fund's PS Ratio distribution charts can be found below:
* The bar in red indicates where Aberdeen Australia Equity Fund's PS Ratio falls into.
Aberdeen Australia Equity Fund PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Aberdeen Australia Equity Fund's Share Price of today is $4.22.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aberdeen Australia Equity Fund's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.11.
* 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.
It can also be calculated from the numbers for the whole company:
Aberdeen Australia Equity Fund (AMEX:IAF) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Aberdeen Australia Equity Fund PS Ratio Related Terms
Thank you for viewing the detailed overview of Aberdeen Australia Equity Fund's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Aberdeen Australia Equity Fund (Aberdeen Australia Equity Fund) Business Description
Aberdeen Australia Equity Fund Inc is a non-diversified closed-end investment management company. With a core focus on long-term capital appreciation, it invests predominantly in equity securities listed on the Australian Stock Exchange. Its secondary objective is current income, which it expects to derive from dividends and interest on Australian corporate and governmental securities. Its investment portfolio comprises diversified sectors that include Financials, Health Care, Materials, Information Technology, Real Estate, and other sectors.
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