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RiverNorth Flexible Municipalome Fund Median PS Value

: $0.00 (As of Today)
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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. RiverNorth Flexible Municipalome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 was $. RiverNorth Flexible Municipalome Fund's 10-Year median PS Ratio is . Therefore, the Median PS Value for today is $0.00.

As of today (2021-11-28), RiverNorth Flexible Municipalome Fund's share price is $23.035. RiverNorth Flexible Municipalome Fund's Median PS Value is $0.00. Therefore, RiverNorth Flexible Municipalome Fund's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for RiverNorth Flexible Municipalome Fund's Median PS Value or its related term are showing as below:


RiverNorth Flexible Municipalome Fund Median PS Value Historical Data

The historical data trend for RiverNorth Flexible Municipalome 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.

RiverNorth Flexible Municipalome Fund Annual Data
Trend Jun20 Jun21
Median PS Value
- -

RiverNorth Flexible Municipalome Fund Semi-Annual Data
Jun20 Dec20 Jun21
Median PS Value - - -

Competitive Comparison

For the Asset Management subindustry, RiverNorth Flexible Municipalome Fund's Median PS Value, along with its competitors' market caps and 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.

   

RiverNorth Flexible Municipalome Fund Median PS Value Distribution

For the Asset Management industry and Financial Services sector, RiverNorth Flexible Municipalome Fund's Median PS Value distribution charts can be found below:

* The bar in red indicates where RiverNorth Flexible Municipalome Fund's Median PS Value falls into.



RiverNorth Flexible Municipalome Fund Median PS Value Calculation

RiverNorth Flexible Municipalome Fund's Median PS Value for today is calculated as

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

10-Year Median PS Ratio is .
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Flexible Municipalome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2021 was $.

* 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.


RiverNorth Flexible Municipalome Fund  (NYSE:RFM) 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.

RiverNorth Flexible Municipalome Fund's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=23.035/
=

* 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.


RiverNorth Flexible Municipalome Fund Median PS Value Related Terms

Thank you for viewing the detailed overview of RiverNorth Flexible Municipalome Fund's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


RiverNorth Flexible Municipalome Fund Business Description

RiverNorth Flexible Municipalome Fund logo
Industry
Financial Services » Asset Management NAICS : 523991 SIC : 6733
Comparable Companies
Traded in Other Exchanges
N/A
Address
325 North LaSalle Street, Suite 645, Chicago, IL, USA, 60654
RiverNorth Flexible Municipal Income Fund Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.
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