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Virtus Stone Harbor Emerging Marketsome Fund (Virtus Stone Harbor Emerging Marketsome Fund) PS Ratio : 6.73 (As of Jun. 10, 2024)


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What is Virtus Stone Harbor Emerging Marketsome Fund PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Virtus Stone Harbor Emerging Marketsome Fund's share price is $5.59. Virtus Stone Harbor Emerging Marketsome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.83. Hence, Virtus Stone Harbor Emerging Marketsome Fund's PS Ratio for today is 6.73.

Warning Sign:

Virtus Stone Harbor Emerging Markets Income Fund stock PS Ratio (=6.6) is close to 1-year high of 6.6

The historical rank and industry rank for Virtus Stone Harbor Emerging Marketsome Fund's PS Ratio or its related term are showing as below:

EDF' s PS Ratio Range Over the Past 10 Years
Min: 3.79   Med: 12.32   Max: 51.45
Current: 6.73

During the past 7 years, Virtus Stone Harbor Emerging Marketsome Fund's highest PS Ratio was 51.45. The lowest was 3.79. And the median was 12.32.

EDF's PS Ratio is ranked better than
60.5% of 1428 companies
in the Asset Management industry
Industry Median: 8.755 vs EDF: 6.73

Virtus Stone Harbor Emerging Marketsome Fund's Revenue per Sharefor the six months ended in Nov. 2023 was $0.64. Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.83.

Back to Basics: PS Ratio


Virtus Stone Harbor Emerging Marketsome Fund PS Ratio Historical Data

The historical data trend for Virtus Stone Harbor Emerging Marketsome Fund's PS Ratio 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.

Virtus Stone Harbor Emerging Marketsome Fund PS Ratio Chart

Virtus Stone Harbor Emerging Marketsome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
PS Ratio
Get a 7-Day Free Trial 24.41 - 50.76 - 5.17

Virtus Stone Harbor Emerging Marketsome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.76 - - - 5.17

Competitive Comparison of Virtus Stone Harbor Emerging Marketsome Fund's PS Ratio

For the Asset Management subindustry, Virtus Stone Harbor Emerging Marketsome Fund's PS Ratio, along with its competitors' market caps and PS Ratio 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.


Virtus Stone Harbor Emerging Marketsome Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Stone Harbor Emerging Marketsome Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Virtus Stone Harbor Emerging Marketsome Fund's PS Ratio falls into.



Virtus Stone Harbor Emerging Marketsome Fund PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Virtus Stone Harbor Emerging Marketsome Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=5.59/0.831
=6.73

Virtus Stone Harbor Emerging Marketsome Fund's Share Price of today is $5.59.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Virtus Stone Harbor Emerging Marketsome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.83.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Virtus Stone Harbor Emerging Marketsome Fund  (NYSE:EDF) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Virtus Stone Harbor Emerging Marketsome Fund PS Ratio Related Terms

Thank you for viewing the detailed overview of Virtus Stone Harbor Emerging Marketsome Fund's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtus Stone Harbor Emerging Marketsome Fund (Virtus Stone Harbor Emerging Marketsome Fund) Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301-9683
Virtus Stone Harbor Emerging Markets Income Fund is a closed-end management investment company. Its investment objective is to maximize total return, which consists of income from its investments and capital appreciation. The Fund invests in fixed income securities and other instruments.
Executives
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
John R Mallin director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Richard W Smirl officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
F Ford Drummond director 100 N BROADWAY, OKLAHOMA CITY OK 73102
George R Aylward director, officer: President and CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Bradley William Patrick Iii officer: EVP, CFO and Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Sidney E Harris director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
R Keith Walton director 100 PEARL STREET, HARTFORD CT 06103
Geraldine M Mcnamara director 150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Philip R Mcloughlin director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
Sarah E Cogan director 1633 BROADWAY, NEW YORK NY 10019
Heath B Mclendon other: Trustee

Virtus Stone Harbor Emerging Marketsome Fund (Virtus Stone Harbor Emerging Marketsome Fund) Headlines