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The historical rank and industry rank for Western Asset High Yield Defined Opps.'s Cyclically Adjusted PS Ratio or its related term are showing as below:
HYI'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 24.63
Current: 24.63
During the past 10 years, Western Asset High Yield Defined Opps.'s highest Cyclically Adjusted PS Ratio was 24.63. The lowest was 0.00. And the median was 0.00.
HYI's Cyclically Adjusted PS Ratio is not ranked
in the Asset Management industry.
Industry Median: 7.74
vs HYI: 24.63
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Western Asset High Yield Defined Opps.'s adjusted revenue per share data of for the fiscal year that ended in May26 was $0.908. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $0.43 for the trailing ten years ended in May26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Western Asset High Yield Defined Opps. (NYSE:HYI) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Western Asset High Yield Defined Opps. Cyclically Adjusted PS Ratio Related Terms
Western Asset High Yield Defined Opps. Cyclically Adjusted 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.
Western Asset High Yield Defined Opps. Cyclically Adjusted PS Ratio Chart
Western Asset High Yield Defined Opps. Annual Data
HYI vs CIK, CEE, BGX: Cyclically Adjusted PS Ratio Comparison
For the Asset Management subindustry, Western Asset High Yield Defined Opps.'s Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted 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.
Western Asset High Yield Defined Opps. Cyclically Adjusted PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset High Yield Defined Opps.'s Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Western Asset High Yield Defined Opps.'s Cyclically Adjusted PS Ratio falls into.
Western Asset High Yield Defined Opps. Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
* 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.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 24.37 mean?
Western Asset High Yield Defined Opps. (HYI) has a Cyclically Adjusted PS Ratio of 24.37 as of Aug. 06, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Western Asset High Yield Defined Opps. and its competitors. According to the industry distribution chart, Western Asset High Yield Defined Opps. ranks #999999 out of 908 companies in the Asset Management industry.
Is Western Asset High Yield Defined Opps.'s Cyclically Adjusted PS Ratio too high?
Western Asset High Yield Defined Opps.'s current Cyclically Adjusted PS Ratio is 24.37. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.74. Western Asset High Yield Defined Opps.'s value of 24.37 is 214.9% above this industry median. Based on the distribution chart, Western Asset High Yield Defined Opps. ranks #999999 out of 908 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Western Asset High Yield Defined Opps. has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Western Asset High Yield Defined Opps.'s Cyclically Adjusted PS Ratio compare to CIK and CEE?
According to the Asset Management industry distribution chart, Western Asset High Yield Defined Opps. ranks #999999 out of 908 companies for Cyclically Adjusted PS Ratio. This places Western Asset High Yield Defined Opps. in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.74. Western Asset High Yield Defined Opps.'s value of 24.37 is 214.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.74, based on 908 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset High Yield Defined Opps.'s current Cyclically Adjusted PS Ratio of 24.37 is 214.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Western Asset High Yield Defined Opps. and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset High Yield Defined Opps.'s current Cyclically Adjusted PS Ratio is 24.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset High Yield Defined Opps. stock overvalued right now?
Western Asset High Yield Defined Opps. (HYI) has a current Cyclically Adjusted PS Ratio of 24.37. The current Cyclically Adjusted PS Ratio is 24.37 and 214.9% above the Asset Management industry median of 7.74. Western Asset High Yield Defined Opps.'s overall GF Score™ is 32/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Western Asset High Yield Defined Opps. (HYI), the current Cyclically Adjusted PS Ratio is 24.37 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Western Asset High Yield Defined Opps. is a non-diversified, limited-term, closed-end management investment company. The company's investment objective is to provide high income and seek capital appreciation. The fund invests a majority of its net assets in a portfolio of high-yield corporate fixed-income securities issued or originated by U.S. or foreign public or private corporations and other business entities, with varying maturities.
32GF Score
Get the complete analysis for HYI
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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