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DTF (DTFTax-Freeome) PS Ratio : 112.08 (As of Dec. 13, 2024)


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What is DTFTax-Freeome 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, DTFTax-Freeome's share price is $11.32. DTFTax-Freeome's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was $0.10. Hence, DTFTax-Freeome's PS Ratio for today is 112.08.

The historical rank and industry rank for DTFTax-Freeome's PS Ratio or its related term are showing as below:

DTF' s PS Ratio Range Over the Past 10 Years
Min: 7.16   Med: 22.54   Max: 112.77
Current: 112.77

During the past 7 years, DTFTax-Freeome's highest PS Ratio was 112.77. The lowest was 7.16. And the median was 22.54.

DTF's PS Ratio is ranked worse than
97.04% of 1488 companies
in the Asset Management industry
Industry Median: 7.51 vs DTF: 112.77

DTFTax-Freeome's Revenue per Sharefor the six months ended in Apr. 2024 was $0.45. Its Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was $0.10.

Warning Sign:

DTFTax-Free Income Inc revenue per share has been in decline over the past 3 years.

During the past 3 years, the average Revenue per Share Growth Rate was -4.80% per year.

During the past 7 years, DTFTax-Freeome's highest 3-Year average Revenue per Share Growth Rate was 44.10% per year. The lowest was -4.80% per year. And the median was 19.65% per year.

Back to Basics: PS Ratio


DTFTax-Freeome PS Ratio Historical Data

The historical data trend for DTFTax-Freeome'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.

DTFTax-Freeome PS Ratio Chart

DTFTax-Freeome Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PS Ratio
Get a 7-Day Free Trial 8.13 24.00 26.21 - 20.57

DTFTax-Freeome Semi-Annual Data
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 - - - 20.57 -

Competitive Comparison of DTFTax-Freeome's PS Ratio

For the Asset Management subindustry, DTFTax-Freeome'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.


DTFTax-Freeome's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DTFTax-Freeome's PS Ratio distribution charts can be found below:

* The bar in red indicates where DTFTax-Freeome's PS Ratio falls into.



DTFTax-Freeome 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.

DTFTax-Freeome's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=11.32/0.101
=112.08

DTFTax-Freeome's Share Price of today is $11.32.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. DTFTax-Freeome's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was $0.10.

* 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.


DTFTax-Freeome  (NYSE:DTF) 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.


DTFTax-Freeome PS Ratio Related Terms

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DTFTax-Freeome Business Description

Traded in Other Exchanges
N/A
Address
200 South Wacker Drive, Suite 1900, Chicago, IL, USA, 60606
DTFTax-Free Income Inc is a diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax consistent with preservation of capital. The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations.
Executives
Grumhaus David D Jr. other: Officer of Investment Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Mareile B. Cusack director DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Timothy P. Riordan officer: Vice President DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Kathleen Hegyi officer: CCO C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 SOUTH WACKER DRIVE, CHICAGO IL 60606
Dusty L. Self officer: Vice President VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Ronald H. Schwartz officer: Vice President VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
George W Karpus other: See Explanation of Responses
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Lisa Leonard officer: Vice President GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Timothy M Heaney officer: VP & Chief Investment Officer GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152