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Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Median PS Value : $1.29 (As of Apr. 25, 2024)


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What is Blackrock New Jersey Municipal Bond Tr 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. Blackrock New Jersey Municipal Bond Tr's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2018 was $1.368. Blackrock New Jersey Municipal Bond Tr's 10-Year median PS Ratio is 0.943. Therefore, the Median PS Value for today is $1.29.

As of today (2024-04-25), Blackrock New Jersey Municipal Bond Tr's share price is $13.6101. Blackrock New Jersey Municipal Bond Tr's Median PS Value is $1.29. Therefore, Blackrock New Jersey Municipal Bond Tr's Price to Median PS Value for today is 10.55.

The historical rank and industry rank for Blackrock New Jersey Municipal Bond Tr's Median PS Value or its related term are showing as below:

BLJ' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.79   Med: 1.4   Max: 11.66
Current: 10.55

During the past 8 years, the highest Price to Median PS Value of Blackrock New Jersey Municipal Bond Tr was 11.66. The lowest was 0.79. And the median was 1.40.

BLJ's Price-to-Median-PS-Value is not ranked
in the Asset Management industry.
Industry Median: 0.925 vs BLJ: 10.55

Blackrock New Jersey Municipal Bond Tr Median PS Value Historical Data

The historical data trend for Blackrock New Jersey Municipal Bond Tr'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.

Blackrock New Jersey Municipal Bond Tr Median PS Value Chart

Blackrock New Jersey Municipal Bond Tr Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Median PS Value
Get a 7-Day Free Trial -7.33 18.63 3.02 12.46 1.29

Blackrock New Jersey Municipal Bond Tr Semi-Annual Data
Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18
Median PS Value 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 - 12.46 - 1.29 -

Competitive Comparison of Blackrock New Jersey Municipal Bond Tr's Median PS Value

For the Asset Management subindustry, Blackrock New Jersey Municipal Bond Tr'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.


Blackrock New Jersey Municipal Bond Tr's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock New Jersey Municipal Bond Tr's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Blackrock New Jersey Municipal Bond Tr's Price-to-Median-PS-Value falls into.



Blackrock New Jersey Municipal Bond Tr Median PS Value Calculation

Blackrock New Jersey Municipal Bond Tr's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1.368*0.943
=1.29

10-Year Median PS Ratio is 0.943.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Blackrock New Jersey Municipal Bond Tr's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2018 was $1.368.

* 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.


Blackrock New Jersey Municipal Bond Tr  (AMEX:BLJ) 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.

Blackrock New Jersey Municipal Bond Tr's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=13.6101/1.29
=10.55

* 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.


Blackrock New Jersey Municipal Bond Tr Median PS Value Related Terms

Thank you for viewing the detailed overview of Blackrock New Jersey Municipal Bond Tr's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Business Description

Traded in Other Exchanges
N/A
Address
BlackRock New Jersey Municipal Bond Trust functions in the financial domain. Managed by BlackRock Advisors, LLC, it is a non-diversified, closed-end municipal bond fund. The Trust's investment objective is to provide current income exempt from regular federal income tax and New Jersey gross income tax. It seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes. It invests its funds in municipal bonds that are investment grade quality at the time of investment. Its portfolio comprises of various sectors, including transportation, education, local tax-backed, county, state tax-backed, health, corporate and housing.
Executives
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Timothy T Browse other: Portfolio Manager 800 SCUDDERS MILLRD, PLAINSBORO NJ 08536
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Ag Ubs other: Former 10% owner 600 WASHINGTON BLVD., STAMFORD CT 06901
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Headlines

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