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Canoe EITome Fund (TSX:EIT.UN) Median PS Value : C$0.00 (As of May. 02, 2024)


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What is Canoe EITome Fund 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. Canoe EITome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.835. Canoe EITome Fund's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is C$0.00.

As of today (2024-05-02), Canoe EITome Fund's share price is C$13.70. Canoe EITome Fund's Median PS Value is C$0.00. Therefore, Canoe EITome Fund's Price to Median PS Value for today is 0.00.

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

TSX:EIT.UN'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.

Canoe EITome Fund Median PS Value Historical Data

The historical data trend for Canoe EITome 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.

Canoe EITome Fund Median PS Value Chart

Canoe EITome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
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Canoe EITome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Canoe EITome Fund's Median PS Value

For the Asset Management subindustry, Canoe EITome 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.


Canoe EITome Fund's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canoe EITome Fund's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Canoe EITome Fund's Price-to-Median-PS-Value falls into.



Canoe EITome Fund Median PS Value Calculation

Canoe EITome Fund's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.835*0
=0.00

10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Canoe EITome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.835.

* 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.


Canoe EITome Fund  (TSX:EIT.UN) 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.

Canoe EITome Fund's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=13.70/0.00
=

* 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.


Canoe EITome Fund Median PS Value Related Terms

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Canoe EITome Fund (TSX:EIT.UN) Business Description

Address
421 - 7th Avenue SW, Suite 2750, Calgary, AB, CAN, T2P 4K9
Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.

Canoe EITome Fund (TSX:EIT.UN) Headlines

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