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, Eaton Vance Tax-Mgd Glbl Div Eq's share price is $8.00.
Eaton Vance Tax-Mgd Glbl Div Eq's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.86. Hence, Eaton Vance Tax-Mgd Glbl Div Eq's PS Ratio for today is 9.28.
Warning Sign:
Eaton Vance Tax-Mgd Glbl Div Eq Inc stock PS Ratio (=9.31) is close to 2-year high of 9.48
The historical rank and industry rank for Eaton Vance Tax-Mgd Glbl Div Eq's PS Ratio or its related term are showing as below:
EXG'
s PS Ratio Range Over the Past 10 Years
Min: 2.39 Med: 7.2 Max: 78.76
Current: 9.32
During the past 7 years, Eaton Vance Tax-Mgd Glbl Div Eq's highest PS Ratio was 78.76. The lowest was 2.39. And the median was 7.20.
EXG's PS Ratio is ranked worse than 54.04% of 1412
companies
in the Asset Management industry
Industry Median: 8.465
vs EXG: 9.32
During the past 3 years, the average Revenue per Share Growth Rate was 84.50% per year.
During the past 7 years, Eaton Vance Tax-Mgd Glbl Div Eq's highest 3-Year average Revenue per Share Growth Rate was 84.50% per year. The lowest was -54.00% per year. And the median was 15.25% per year.
Back to Basics: PS Ratio
Eaton Vance Tax-Mgd Glbl Div Eq 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 Eaton Vance Tax-Mgd Glbl Div Eq's PS Ratio
For the Asset Management subindustry, Eaton Vance Tax-Mgd Glbl Div Eq'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.
Eaton Vance Tax-Mgd Glbl Div Eq's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Eaton Vance Tax-Mgd Glbl Div Eq's PS Ratio distribution charts can be found below:
* The bar in red indicates where Eaton Vance Tax-Mgd Glbl Div Eq's PS Ratio falls into.
Eaton Vance Tax-Mgd Glbl Div Eq 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.
Eaton Vance Tax-Mgd Glbl Div Eq's Share Price of today is $8.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Eaton Vance Tax-Mgd Glbl Div Eq's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.86.
* 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:
Eaton Vance Tax-Mgd Glbl Div Eq (NYSE:EXG) 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.
Eaton Vance Tax-Mgd Glbl Div Eq PS Ratio Related Terms
Thank you for viewing the detailed overview of Eaton Vance Tax-Mgd Glbl Div Eq's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Eaton Vance Tax-Mgd Glbl Div Eq (Eaton Vance Tax-Mgd Glbl Div Eq) Business Description
Eaton Vance Tax-Mgd Glbl Div Eq Inc is a diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. It invests in a diversified portfolio of domestic and foreign common stocks with an emphasis on dividend-paying stocks and writes call options on one or more U.S. and foreign indices with respect to a portion of the value of its common stock portfolio to generate current cash flow from the options premium received. Its portfolio of investments consists of capital markets, banks, internet and direct marketing retail, biotechnology, media, oil, gas, and consumable fuels, and other sectors.
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