Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
BlackRock 2037 Mun TgtBMN -0.20%48 PS Ratio is 21.73 as of Jul. 16, 2026, which is 39% below its 10-year median of 35.75. GuruFocus rates BMN with a GF Score™ of 48/100 and a GF Value™ of $46.43 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,409 Asset Management companies, BlackRock 2037 Mun Tgt ranks worse than 81.05% on this metric.
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, BlackRock 2037 Mun Tgt's share price is $25.51.
BlackRock 2037 Mun Tgt's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $1.17. Hence, BlackRock 2037 Mun Tgt's PS Ratio for today is 21.73.
Good Sign:
BlackRock 2037 Mun Tgt stock PS Ratio (=21.37) is close to 1-year low of 20.99.
The historical rank and industry rank for BlackRock 2037 Mun Tgt's PS Ratio or its related term are showing as below:
BMN'
s PS Ratio Range Over the Past 10 Years
Min: 12.22 Med: 35.75 Max: 59.14
Current: 21.73
During the past 4 years, BlackRock 2037 Mun Tgt's highest PS Ratio was 59.14. The lowest was 12.22. And the median was 35.75.
BMN's PS Ratio is ranked worse than 81.05% of 1409
companies
in the Asset Management industry
Industry Median: 7.3
vs BMN: 21.73
During the past 4 years, BlackRock 2037 Mun Tgt's highest 3-Year average Revenue per Share Growth Rate was 40.70% per year. The lowest was 40.70% per year. And the median was 40.70% per year.
Back to Basics: PS Ratio
BlackRock 2037 Mun Tgt (NYSE:BMN) 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.
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.
* 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.
For the Asset Management subindustry, BlackRock 2037 Mun Tgt'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.
BlackRock 2037 Mun Tgt PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock 2037 Mun Tgt's PS Ratio distribution charts can be found below:
* The bar in red indicates where BlackRock 2037 Mun Tgt's PS Ratio falls into.
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.
BlackRock 2037 Mun Tgt's Share Price of today is $25.51.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BlackRock 2037 Mun Tgt's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $1.17.
* 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:
BlackRock 2037 Mun Tgt (BMN) has a PS Ratio of 21.73 as of Jul. 16, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on BlackRock 2037 Mun Tgt and its competitors. This is 39% below median its historical median of 35.75. Over the past decade, BlackRock 2037 Mun Tgt's PS Ratio has ranged from 12.22 to 59.14. According to the industry distribution chart, BlackRock 2037 Mun Tgt ranks #1142 out of 1409 companies in the Asset Management industry, placing it in the top 81.1%.
Is BlackRock 2037 Mun Tgt's PS Ratio too high?
BlackRock 2037 Mun Tgt's current PS Ratio of 21.73 is 39% below median its 10-year median of 35.75. Over the past 10 years, this metric has ranged from a low of 12.22 to a high of 59.14. The Asset Management industry median PS Ratio is 7.30. BlackRock 2037 Mun Tgt's value of 21.73 is 197.7% above this industry median. Based on the distribution chart, BlackRock 2037 Mun Tgt ranks #1142 out of 1409 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, BlackRock 2037 Mun Tgt has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlackRock 2037 Mun Tgt's PS Ratio compare to GLQ and NAZ?
According to the Asset Management industry distribution chart, BlackRock 2037 Mun Tgt ranks #1142 out of 1409 companies for PS Ratio. This places BlackRock 2037 Mun Tgt in the lower half of its industry. The industry median PS Ratio is 7.30. BlackRock 2037 Mun Tgt's value of 21.73 is 197.7% above this benchmark. Historically, BlackRock 2037 Mun Tgt's own PS Ratio has ranged from 12.22 to 59.14 over the past decade. While the company's 10-year median is 35.75 vs. the industry median of 7.30, BlackRock 2037 Mun Tgt has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.30, based on 1,409 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock 2037 Mun Tgt's current PS Ratio of 21.73 is 197.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on BlackRock 2037 Mun Tgt and its competitors. For the Asset Management industry, the median PS Ratio is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock 2037 Mun Tgt's current PS Ratio is 21.73, which is 39% below median its own 10-year median of 35.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock 2037 Mun Tgt stock overvalued right now?
Based on GuruFocus' analysis, BlackRock 2037 Mun Tgt (BMN) is currently considered Possible Value Trap. The stock's GF Value™ is $46.43, compared to a current price of $25.51 — trading 45.1% below its estimated fair value. The current PS Ratio is 21.73, which is 39% below median its 10-year median of 35.75 and 197.7% above the Asset Management industry median of 7.30. BlackRock 2037 Mun Tgt's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For BlackRock 2037 Mun Tgt (BMN), the current PS Ratio is 21.73 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BlackRock 2037 Mun Tgt (BMN) Overvalued in 2026?
Based on GuruFocus' analysis, BlackRock 2037 Mun Tgt stock appears to be undervalued.
The current stock price of $25.51 is trading 45.1% below its estimated GF Value™ of $46.43.
GuruFocus considers BlackRock 2037 Mun Tgt to be Possible Value Trap.
Key valuation signals for BMN:
PS Ratio: 21.73 (39% below median its 10-year median of 35.75)
GF Value™: $46.43 vs. price of $25.51 (45.1% below fair value)
Industry Position: 197.7% above the Asset Management median (#1142 of 1409)
No single metric tells the full story. See the BMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlackRock 2037 Mun Tgt is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income that is exempt from regular federal income tax. The Trust invests in investment grade quality securities or securities that are unrated but judged to be of comparable quality by the investment adviser.
48GF Score
Get the complete analysis for BMN
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BMN has been successfully added to your 
