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. Allspringome Opportunities Fund's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.28. Allspringome Opportunities Fund's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-04-23), Allspringome Opportunities Fund's share price is $6.47. Allspringome Opportunities Fund's Median PS Value is $0.00. Therefore, Allspringome Opportunities Fund's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Allspringome Opportunities Fund's Median PS Value or its related term are showing as below:
EAD's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 0.91 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Allspringome Opportunities Fund Median PS Value Historical Data
The historical data trend for Allspringome Opportunities Fund'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.
For the Asset Management subindustry, Allspringome Opportunities Fund'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.
Allspringome Opportunities Fund Price-to-Median-PS-Value Distribution
For the Asset Management industry and Financial Services sector, Allspringome Opportunities Fund's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Allspringome Opportunities Fund's Price-to-Median-PS-Value falls into.
Allspringome Opportunities Fund Median PS Value Calculation
Allspringome Opportunities Fund's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Allspringome Opportunities Fund's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.28.
* 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.
Allspringome Opportunities Fund (AMEX:EAD) 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.
Allspringome Opportunities Fund's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
6.47
/
0.00
=
* 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.
Allspringome Opportunities Fund Median PS Value Related Terms
Thank you for viewing the detailed overview of Allspringome Opportunities Fund's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Allspringome Opportunities Fund (Allspringome Opportunities Fund) Business Description
Allspring Income Opportunities Fund is a diversified closed-end management investment company. Its products and services are mutual funds, closed-end funds, managed accounts services and variable trust funds. The fund's objective is a high level of current income and capital appreciation. Its portfolio of investments includes oil gas and consumable fuels, Chemicals, distributors, diversified consumer services, hotels, restaurants and leisure, household durables, media, specialty retail, pharmaceuticals, airlines, construction, and engineering.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EAD has been successfully added to your 