GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tcw Strategic Income Fund Inc (NYSE:TSI) » Definitions » PS Ratio

Tcw Strategicome Fund (Tcw Strategicome Fund) PS Ratio : 9.50 (As of Apr. 27, 2024)


View and export this data going back to . Start your Free Trial

What is Tcw Strategicome Fund PS Ratio?

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, Tcw Strategicome Fund's share price is $4.60. Tcw Strategicome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.48. Hence, Tcw Strategicome Fund's PS Ratio for today is 9.50.

Good Sign:

Tcw Strategic Income Fund Inc stock PS Ratio (=9.38) is close to 10-year low of 8.87

The historical rank and industry rank for Tcw Strategicome Fund's PS Ratio or its related term are showing as below:

TSI' s PS Ratio Range Over the Past 10 Years
Min: 8.87   Med: 13.59   Max: 47.9
Current: 9.56

During the past 7 years, Tcw Strategicome Fund's highest PS Ratio was 47.90. The lowest was 8.87. And the median was 13.59.

TSI's PS Ratio is ranked worse than
55.49% of 1411 companies
in the Asset Management industry
Industry Median: 8.26 vs TSI: 9.56

Tcw Strategicome Fund's Revenue per Sharefor the six months ended in Dec. 2023 was $0.29. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.48.

During the past 3 years, the average Revenue per Share Growth Rate was 5.10% per year.

During the past 7 years, Tcw Strategicome Fund's highest 3-Year average Revenue per Share Growth Rate was 22.90% per year. The lowest was -0.40% per year. And the median was 5.10% per year.

Back to Basics: PS Ratio


Tcw Strategicome Fund PS Ratio Historical Data

The historical data trend for Tcw Strategicome Fund's PS Ratio 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.

Tcw Strategicome Fund PS Ratio Chart

Tcw Strategicome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 11.87 13.58 25.09 - 9.43

Tcw Strategicome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.09 - - - 9.43

Competitive Comparison of Tcw Strategicome Fund's PS Ratio

For the Asset Management subindustry, Tcw Strategicome 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.


Tcw Strategicome Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tcw Strategicome Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Tcw Strategicome Fund's PS Ratio falls into.



Tcw Strategicome 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.

Tcw Strategicome Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=4.60/0.484
=9.50

Tcw Strategicome Fund's Share Price of today is $4.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tcw Strategicome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.48.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Tcw Strategicome Fund  (NYSE:TSI) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Tcw Strategicome Fund PS Ratio Related Terms

Thank you for viewing the detailed overview of Tcw Strategicome Fund's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tcw Strategicome Fund (Tcw Strategicome Fund) Business Description

Traded in Other Exchanges
N/A
Address
865 South Figueroa Street, Suite 1800, Los Angeles, CA, USA, 90017
Tcw Strategic Income Fund Inc operates as a closed-end management investment company. Its investment objective is to seek a total return comprised of current income and capital appreciation by investing in a wide range of securities. The company invests in a range of industries, such as airlines, banks, beverages, biotechnology, chemicals, computers, diversified financial services, entertainment, and others.
Executives
Mitch Flack officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Laird Landmann officer: Portfolio Manager 865 S. FIGUEROA ST, SUITE 1800, LOS ANGELES CA 90017
Robert Gerald Rooney director 865 SOUTH FIGUEROA ST, SUITE 1800, LOS ANGELES CA 90017
Peter Mcmillan director
Steve Kane officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Lisa E Eisen officer: Tax Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Jeffrey A Engelsman officer: Chief Compliance Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Tad Rivelle officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Victoria B Rogers director C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 SOUTH FIGUEROA STREET SUITE 1800, LOS ANGELES CA 90017
Charles A Parker director
Samuel P Bell director 865 S. FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Richard Villa officer: Treasurer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
David Lippman director 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
John A Gavin director
Patrick C Haden director 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107

Tcw Strategicome Fund (Tcw Strategicome Fund) Headlines

From GuruFocus

TCW Strategic Income Fund Announces Quarterly Distribution

By Business Wire Business Wire 03-17-2022

TCW Strategic Income Fund Announces Year End Distribution

By Business Wire Business Wire 12-18-2020

TCW Strategic Income Fund Announces Quarterly Distribution

By Business Wire Business Wire 09-17-2020

TCW Strategic Income Fund Announces Quarterly Distribution

By Business Wire Business Wire 03-17-2023

TCW Strategic Income Fund Announces Quarterly Distribution

By Business Wire Business Wire 06-16-2022

TCW Strategic Income Fund Announces Year End Distribution

By Business Wire Business Wire 12-16-2022

TCW Strategic Income Fund Announces Quarterly Distribution

By Business Wire Business Wire 06-16-2023

TCW Strategic Income Fund Announces Quarterly Distribution

By Business Wire Business Wire 09-16-2021