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. Voya Global Advantage and Premium Opportunity Fund's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $0.479. Voya Global Advantage and Premium Opportunity Fund's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.
As of today (2024-04-16), Voya Global Advantage and Premium Opportunity Fund's share price is $8.47. Voya Global Advantage and Premium Opportunity Fund's Median PS Value is $0.00. Therefore, Voya Global Advantage and Premium Opportunity Fund's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Voya Global Advantage and Premium Opportunity Fund's Median PS Value or its related term are showing as below:
IGA's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 0.92 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Voya Global Advantage and Premium Opportunity Fund Median PS Value Historical Data
The historical data trend for Voya Global Advantage and Premium Opportunity 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.
* Premium members only.
Voya Global Advantage and Premium Opportunity Fund Annual Data
Trend
Feb18
Feb19
Feb20
Feb21
Feb22
Feb23
Median PS Value
-
-
-
-
-
Voya Global Advantage and Premium Opportunity Fund Semi-Annual Data
Aug17
Feb18
Aug18
Feb19
Aug19
Feb20
Aug20
Feb21
Aug21
Feb22
Aug22
Feb23
Aug23
Median PS Value
-
-
-
-
-
Competitive Comparison
For the Asset Management subindustry, Voya Global Advantage and Premium Opportunity 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.
Voya Global Advantage and Premium Opportunity Fund Price-to-Median-PS-Value Distribution
For the Asset Management industry and Financial Services sector, Voya Global Advantage and Premium Opportunity Fund's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Voya Global Advantage and Premium Opportunity Fund's Price-to-Median-PS-Value falls into.
Voya Global Advantage and Premium Opportunity Fund Median PS Value Calculation
Voya Global Advantage and Premium Opportunity 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. Voya Global Advantage and Premium Opportunity Fund's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $0.479.
* 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.
Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA) 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.
Voya Global Advantage and Premium Opportunity Fund's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
8.47
/
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.
Voya Global Advantage and Premium Opportunity Fund Median PS Value Related Terms
Thank you for viewing the detailed overview of Voya Global Advantage and Premium Opportunity Fund's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Voya Global Advantage and Premium Opportunity Fund (Voya Global Advantage and Premium Opportunity Fund) Business Description
Voya Global Advantage and Premium Opportunity Fund is a United States-based diversified, closed-end management investment company. Its primary investment objective is to provide a high level of income. The secondary investment objective of the fund is to seek capital appreciation. The fund seeks to achieve its investment objectives by investing at least 80% of its managed assets in a portfolio of common stocks of companies located in several different countries throughout the world, including the United States, and it also utilizes an integrated derivatives strategy.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
IGA has been successfully added to your 