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SBI (Western Asset Intermediate Muni Fd) Cyclically Adjusted PS Ratio : 20.75 (As of May. 23, 2025)


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What is Western Asset Intermediate Muni Fd Cyclically Adjusted PS Ratio?

As of today (2025-05-23), Western Asset Intermediate Muni Fd's current share price is $7.47. Western Asset Intermediate Muni Fd's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov24 was $0.36. Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio for today is 20.75.

The historical rank and industry rank for Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio or its related term are showing as below:

SBI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 13.16   Med: 17.74   Max: 25.77
Current: 20.53

During the past 13 years, Western Asset Intermediate Muni Fd's highest Cyclically Adjusted PS Ratio was 25.77. The lowest was 13.16. And the median was 17.74.

SBI's Cyclically Adjusted PS Ratio is ranked worse than
89.91% of 862 companies
in the Asset Management industry
Industry Median: 8.195 vs SBI: 20.53

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 Intermediate Muni Fd's adjusted revenue per share data of for the fiscal year that ended in Nov24 was $0.726. 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 $0.36 for the trailing ten years ended in Nov24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Asset Intermediate Muni Fd Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Western Asset Intermediate Muni Fd's Cyclically Adjusted 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.

Western Asset Intermediate Muni Fd Cyclically Adjusted PS Ratio Chart

Western Asset Intermediate Muni Fd Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.50 17.67 24.87 17.98 22.46

Western Asset Intermediate Muni Fd Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.87 - 17.98 - 22.46

Competitive Comparison of Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Western Asset Intermediate Muni Fd'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 Intermediate Muni Fd's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio falls into.


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Western Asset Intermediate Muni Fd 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.

Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.47/0.36
=20.75

* 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 Intermediate Muni Fd's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov24 is calculated as:

For example, Western Asset Intermediate Muni Fd's adjusted Revenue per Share data for the fiscal year that ended in Nov24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov24 (Change)*Current CPI (Nov24)
=0.726/133.1099*133.1099
=0.726

Current CPI (Nov24) = 133.1099.

Western Asset Intermediate Muni Fd Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201511 0.375 100.135 0.498
201611 0.046 101.829 0.060
201711 0.626 104.072 0.801
201811 0.132 106.338 0.165
201911 0.925 108.519 1.135
202011 0.376 109.793 0.456
202111 0.497 117.269 0.564
202211 -1.141 125.607 -1.209
202311 0.426 129.548 0.438
202411 0.726 133.110 0.726

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Western Asset Intermediate Muni Fd  (NYSE:SBI) 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 Intermediate Muni Fd Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Western Asset Intermediate Muni Fd's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Intermediate Muni Fd Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Intermediate Muni Fd Inc is a diversified closed-end management investment company. The fund's objective is to provide a high level of current income exempt from Federal income taxes. Under normal market conditions, the Fund will invest at least 80% of its total assets in municipal obligations. In addition, under normal market conditions, the Fund will invest at least 80% of its total assets in debt securities that are, at the time of investment, rated investment grade by a nationally recognized statistical rating organization or, if unrated, of equivalent quality as determined by the investment manager. The Fund also maintains a dollar-weighted average effective maturity of between three and ten years.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Bank Of America Na 10 percent owner, other: Former 10% Owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls 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
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Robert D Agdern director C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103