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Invesco Trust For Investment Grade New York Municipals (Invesco Trust For Investment Grade New York Municipals) Median PS Value : $0.00 (As of Apr. 28, 2024)


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What is Invesco Trust For Investment Grade New York Municipals 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. Invesco Trust For Investment Grade New York Municipals's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $0.179. Invesco Trust For Investment Grade New York Municipals's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-04-28), Invesco Trust For Investment Grade New York Municipals's share price is $10.35. Invesco Trust For Investment Grade New York Municipals's Median PS Value is $0.00. Therefore, Invesco Trust For Investment Grade New York Municipals's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Invesco Trust For Investment Grade New York Municipals's Median PS Value or its related term are showing as below:

VTN'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.

Invesco Trust For Investment Grade New York Municipals Median PS Value Historical Data

The historical data trend for Invesco Trust For Investment Grade New York Municipals'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.

Invesco Trust For Investment Grade New York Municipals Median PS Value Chart

Invesco Trust For Investment Grade New York Municipals Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
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Invesco Trust For Investment Grade New York Municipals Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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Competitive Comparison of Invesco Trust For Investment Grade New York Municipals's Median PS Value

For the Asset Management subindustry, Invesco Trust For Investment Grade New York Municipals'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.


Invesco Trust For Investment Grade New York Municipals's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Trust For Investment Grade New York Municipals's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Invesco Trust For Investment Grade New York Municipals's Price-to-Median-PS-Value falls into.



Invesco Trust For Investment Grade New York Municipals Median PS Value Calculation

Invesco Trust For Investment Grade New York Municipals's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=0.179*0
=0.00

10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Invesco Trust For Investment Grade New York Municipals's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $0.179.

* 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.


Invesco Trust For Investment Grade New York Municipals  (NYSE:VTN) 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.

Invesco Trust For Investment Grade New York Municipals's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=10.35/0.00
=

* 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.


Invesco Trust For Investment Grade New York Municipals Median PS Value Related Terms

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Invesco Trust For Investment Grade New York Municipals (Invesco Trust For Investment Grade New York Municipals) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Trust For Investment Grade New York Municipals is a diversified closed-end management investment company. Its objective is to provide common shareholders with a high level of current income exempt from federal as well as from New York State and New York City income taxes, consistent with preservation of capital.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Scott Cottier other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Mark Demitry other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Michael Camarella other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309

Invesco Trust For Investment Grade New York Municipals (Invesco Trust For Investment Grade New York Municipals) Headlines