FCT (First Trust Senior Floating Rateome Fund II) PS Ratio: 14.33 (As of Jul. 18, 2026) — Near Median

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FCT First Trust Senior Floating Rate Income Fund II FCT
24 GF Score
Price $9.60
! 7 Warning Signs
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What is First Trust Senior Floating Rateome Fund II PS Ratio?

First Trust Senior Floating Rateome Fund II FCT 24 PS Ratio is 14.33 as of Jul. 18, 2026, which is 3% above its 10-year median of 13.90. GuruFocus rates FCT with a GF Score™ of 24/100. The stock has 7 warning signs investors should review. Among 1,409 Asset Management companies, First Trust Senior Floating Rateome Fund II ranks worse than 72.89% 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, First Trust Senior Floating Rateome Fund II's share price is $9.60. First Trust Senior Floating Rateome Fund II's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2025 was $0.67. Hence, First Trust Senior Floating Rateome Fund II's PS Ratio for today is 14.33.

Warning Sign:

First Trust Senior Floating Rate Income Fund II stock PS Ratio (=13.13) is close to 2-year high of 13.99.

The historical rank and industry rank for First Trust Senior Floating Rateome Fund II's PS Ratio or its related term are showing as below:

FCT' s PS Ratio Range Over the Past 10 Years
Min: 7.42   Med: 13.9   Max: 31.48
Current: 14.34

During the past 8 years, First Trust Senior Floating Rateome Fund II's highest PS Ratio was 31.48. The lowest was 7.42. And the median was 13.90.

FCT's PS Ratio is ranked worse than
72.89% of 1409 companies
in the Asset Management industry
Industry Median: 7.3 vs FCT: 14.34

First Trust Senior Floating Rateome Fund II's Revenue per Sharefor the six months ended in Nov. 2025 was $0.37. Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2025 was $0.67.

Warning Sign:

First Trust Senior Floating Rate Income Fund II revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of First Trust Senior Floating Rateome Fund II was -29.30% per year.

During the past 8 years, First Trust Senior Floating Rateome Fund II's highest 3-Year average Revenue per Share Growth Rate was 38.20% per year. The lowest was -5.30% per year. And the median was 16.45% per year.

Back to Basics: PS Ratio


First Trust Senior Floating Rateome Fund II  (NYSE:FCT) 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.


First Trust Senior Floating Rateome Fund II PS Ratio Related Terms


First Trust Senior Floating Rateome Fund II PS Ratio Historical Data

* Premium members only.

The historical data trend for First Trust Senior Floating Rateome Fund II'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.

First Trust Senior Floating Rateome Fund II PS Ratio Chart

First Trust Senior Floating Rateome Fund II Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
PS Ratio
Get a 7-Day Free Trial 8.50 0.00 16.66 8.33 13.56

First Trust Senior Floating Rateome Fund II Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 Premium Member Only Premium Member Only 0.00 8.33 0.00 13.56 0.00

FCT vs GLO, ERC, CPZ: PS Ratio Comparison

For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II'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.


First Trust Senior Floating Rateome Fund II PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Senior Floating Rateome Fund II's PS Ratio distribution charts can be found below:

* The bar in red indicates where First Trust Senior Floating Rateome Fund II's PS Ratio falls into.


FCT
24GF Score
First Trust Senior Floating Rate Income Fund II FCT
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First Trust Senior Floating Rateome Fund II 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.

First Trust Senior Floating Rateome Fund II's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=9.60/0.67
=14.33

First Trust Senior Floating Rateome Fund II's Share Price of today is $9.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Senior Floating Rateome Fund II's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2025 was $0.67.

* 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.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 14.33 mean?
First Trust Senior Floating Rateome Fund II (FCT) has a PS Ratio of 14.33 as of Jul. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. This is near median its historical median of 13.90. Over the past decade, First Trust Senior Floating Rateome Fund II's PS Ratio has ranged from 7.42 to 31.48. According to the industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #1027 out of 1409 companies in the Asset Management industry, placing it in the top 72.9%.
Is First Trust Senior Floating Rateome Fund II's PS Ratio too high?
First Trust Senior Floating Rateome Fund II's current PS Ratio of 14.33 is near median its 10-year median of 13.90. Over the past 10 years, this metric has ranged from a low of 7.42 to a high of 31.48. The Asset Management industry median PS Ratio is 7.30. First Trust Senior Floating Rateome Fund II's value of 14.33 is 96.3% above this industry median. Based on the distribution chart, First Trust Senior Floating Rateome Fund II ranks #1027 out of 1409 companies in the Asset Management industry, which is below the industry midpoint. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does First Trust Senior Floating Rateome Fund II's PS Ratio compare to GLO and ERC?
According to the Asset Management industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #1027 out of 1409 companies for PS Ratio. This places First Trust Senior Floating Rateome Fund II in the lower half of its industry. The industry median PS Ratio is 7.30. First Trust Senior Floating Rateome Fund II's value of 14.33 is 96.3% above this benchmark. Historically, First Trust Senior Floating Rateome Fund II's own PS Ratio has ranged from 7.42 to 31.48 over the past decade. While the company's 10-year median is 13.90 vs. the industry median of 7.30, First Trust Senior Floating Rateome Fund II 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. First Trust Senior Floating Rateome Fund II's current PS Ratio of 14.33 is 96.3% 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 First Trust Senior Floating Rateome Fund II 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. First Trust Senior Floating Rateome Fund II's current PS Ratio is 14.33, which is near median its own 10-year median of 13.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Senior Floating Rateome Fund II stock overvalued right now?
First Trust Senior Floating Rateome Fund II (FCT) has a current PS Ratio of 14.33. The current PS Ratio is 14.33, which is near median its 10-year median of 13.90 and 96.3% above the Asset Management industry median of 7.30. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 24/100 with 7 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 First Trust Senior Floating Rateome Fund II (FCT), the current PS Ratio is 14.33 as of Jul. 18, 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.

First Trust Senior Floating Rateome Fund II Business Description

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Senior Floating Rate Income Fund II is a United States-based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, it attempts to preserve capital. The fund invests in a portfolio of senior secured floating-rate corporate loans (Senior Loans) of companies from different industries, such as Insurance, Software, Health Care Providers and Services, Professional Services, Health Care Technology, IT Services, and others.
24GF Score

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PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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