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, Herzfeld Caribbean Basin Fund's share price is $2.705.
Herzfeld Caribbean Basin Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was $0.25. Hence, Herzfeld Caribbean Basin Fund's PS Ratio for today is 10.86.
Warning Sign:
Herzfeld Caribbean Basin Fund Inc stock PS Ratio (=17.93) is close to 5-year high of 18.03
The historical rank and industry rank for Herzfeld Caribbean Basin Fund's PS Ratio or its related term are showing as below:
CUBA'
s PS Ratio Range Over the Past 10 Years
Min: 1.28 Med: 2.13 Max: 18.03
Current: 10.93
During the past 7 years, Herzfeld Caribbean Basin Fund's highest PS Ratio was 18.03. The lowest was 1.28. And the median was 2.13.
CUBA's PS Ratio is ranked worse than 70.64% of 1475
companies
in the Asset Management industry
Industry Median: 6.99
vs CUBA: 10.93
During the past 7 years, Herzfeld Caribbean Basin Fund's highest 3-Year average Revenue per Share Growth Rate was -63.20% per year. The lowest was -613.10% per year. And the median was -338.15% per year.
Back to Basics: PS Ratio
Herzfeld Caribbean Basin Fund PS Ratio Historical Data
* 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.
Competitive Comparison of Herzfeld Caribbean Basin Fund's PS Ratio
For the Asset Management subindustry, Herzfeld Caribbean Basin 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.
Herzfeld Caribbean Basin Fund's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Herzfeld Caribbean Basin Fund's PS Ratio distribution charts can be found below:
* The bar in red indicates where Herzfeld Caribbean Basin Fund's PS Ratio falls into.
Herzfeld Caribbean Basin 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.
Herzfeld Caribbean Basin Fund's Share Price of today is $2.705.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Herzfeld Caribbean Basin Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was $0.25.
* 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:
Herzfeld Caribbean Basin Fund (NAS:CUBA) 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.
Herzfeld Caribbean Basin Fund PS Ratio Related Terms
Thank you for viewing the detailed overview of Herzfeld Caribbean Basin Fund's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Herzfeld Caribbean Basin Fund Business Description
Herzfeld Caribbean Basin Fund Inc operates as a closed-end management investment company. The company's investment objective is to obtain long-term capital appreciation. The firm offers customized discretionary account management and fund management services to individual and institutional investors. The fund invests in equity and equity-linked securities of public and private companies, including United States-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country. The fund's revenue source is through the dividends it receives. Its investments are geographically allocated in the United States followed by Mexico, Puerto Rico, and other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CUBA has been successfully added to your 