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CHY (Calamos Convertible & Highome Fund) PS Ratio : 11.98 (As of Dec. 15, 2024)


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What is Calamos Convertible & Highome 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, Calamos Convertible & Highome Fund's share price is $12.39. Calamos Convertible & Highome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was $1.03. Hence, Calamos Convertible & Highome Fund's PS Ratio for today is 11.98.

The historical rank and industry rank for Calamos Convertible & Highome Fund's PS Ratio or its related term are showing as below:

CHY' s PS Ratio Range Over the Past 10 Years
Min: 2.34   Med: 6.52   Max: 44.38
Current: 11.98

During the past 8 years, Calamos Convertible & Highome Fund's highest PS Ratio was 44.38. The lowest was 2.34. And the median was 6.52.

CHY's PS Ratio is ranked worse than
68.59% of 1490 companies
in the Asset Management industry
Industry Median: 7.5 vs CHY: 11.98

Calamos Convertible & Highome Fund's Revenue per Sharefor the six months ended in Apr. 2024 was $1.42. Its Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was $1.03.

During the past 8 years, Calamos Convertible & Highome Fund's highest 3-Year average Revenue per Share Growth Rate was 155.20% per year. The lowest was 18.60% per year. And the median was 86.90% per year.

Back to Basics: PS Ratio


Calamos Convertible & Highome Fund PS Ratio Historical Data

The historical data trend for Calamos Convertible & Highome 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.

Calamos Convertible & Highome Fund PS Ratio Chart

Calamos Convertible & Highome Fund Annual Data
Trend Oct15 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PS Ratio
Get a 7-Day Free Trial 9.33 3.75 3.84 - -

Calamos Convertible & Highome Fund Semi-Annual Data
Oct15 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Calamos Convertible & Highome Fund's PS Ratio

For the Asset Management subindustry, Calamos Convertible & Highome 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.


Calamos Convertible & Highome Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Calamos Convertible & Highome Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Calamos Convertible & Highome Fund's PS Ratio falls into.



Calamos Convertible & Highome 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.

Calamos Convertible & Highome Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=12.39/1.034
=11.98

Calamos Convertible & Highome Fund's Share Price of today is $12.39.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Calamos Convertible & Highome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was $1.03.

* 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.


Calamos Convertible & Highome Fund  (NAS:CHY) 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.


Calamos Convertible & Highome Fund PS Ratio Related Terms

Thank you for viewing the detailed overview of Calamos Convertible & Highome Fund's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Calamos Convertible & Highome Fund Business Description

Traded in Other Exchanges
N/A
Address
2020 Calamos Court, Naperville, IL, USA, 60563-2787
Calamos Convertible & High Income Fund is a diversified, closed-end management investment company. Its objective is to provide total return through a combination of capital appreciation and current income. The firm invests in a diversified portfolio of convertible securities and high yield securities.
Executives
Mark Mickey officer: chief compliance officer 2020 CALAMOS COURT, NAPERVILLE IL 60563
Erik D. Ojala officer: VP, Sec'y & Chief Legal Off. 2020 CALAMOS CT., NAPERVILLE IL 60563
Susan L Schoenberger officer: VP and Assistant Secretary 2020 CALAMOS COURT, NAPERVILLE IL 60563
Northwestern Mutual Life Insurance Co 10 percent owner 720 EAST WISCONSIN AVENUE, MILWAUKEE WI 53202
Thrivent Financial For Lutherans 10 percent owner 901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Daniel Dufresne officer: Vice President 2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Atkins officer: Treasurer 2020 CALAMOS COURT, NAPERVILLE IL 60563
Lloyd Wennlund director 2020 CALAMOS COURT, NAPERVILLE IL 60563
David D Tripple director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Christopher M Toub director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Karen Stuckey director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Dave Vanisko officer: Treasurer 2020 CALAMOS COURT, NAPERVILLE IL 60563
Massachusetts Mutual Life Insurance Co 10 percent owner 1295 STATE STREET, SPRINGFIELD MA 01111
John S. Koudounis officer: Vice President 2020 CALAMOS COURT, NAPERVILLE IL 60563