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First Trust Mortgageome FundFMY -3.46%54 PS Ratio is 14.73 as of Sep. 07, 2026, which is 52% below its 10-year median of 30.43. GuruFocus rates FMY with a GF Score™ of 54/100 and a GF Value™ of $11.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,388 Asset Management companies, First Trust Mortgageome Fund ranks worse than 75.22% 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 Mortgageome Fund's share price is $11.4301.
First Trust Mortgageome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $0.78. Hence, First Trust Mortgageome Fund's PS Ratio for today is 14.73.
Warning Sign:
First Trust Mortgage Income Fund stock PS Ratio (=9.94) is close to 1-year high of 10.73.
The historical rank and industry rank for First Trust Mortgageome Fund's PS Ratio or its related term are showing as below:
FMY'
s PS Ratio Range Over the Past 10 Years
Min: 5.87 Med: 30.43 Max: 53.41
Current: 14.73
During the past 9 years, First Trust Mortgageome Fund's highest PS Ratio was 53.41. The lowest was 5.87. And the median was 30.43.
FMY's PS Ratio is ranked worse than 75.22% of 1388
companies
in the Asset Management industry
Industry Median: 7.07
vs FMY: 14.73
During the past 9 years, First Trust Mortgageome Fund's highest 3-Year average Revenue per Share Growth Rate was 98.10% per year. The lowest was -24.80% per year. And the median was -3.20% per year.
First Trust Mortgageome Fund (NYSE:FMY) 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.
First Trust Mortgageome Fund PS Ratio Related Terms
First Trust Mortgageome 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.
For the Asset Management subindustry, First Trust Mortgageome 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.
First Trust Mortgageome Fund PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, First Trust Mortgageome Fund's PS Ratio distribution charts can be found below:
* The bar in red indicates where First Trust Mortgageome Fund's PS Ratio falls into.
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 Mortgageome Fund's Share Price of today is $11.4301.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Mortgageome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $0.78.
* 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:
First Trust Mortgageome Fund (FMY) has a PS Ratio of 14.73 as of Sep. 07, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on First Trust Mortgageome Fund and its competitors. This is 52% below median its historical median of 30.43. Over the past decade, First Trust Mortgageome Fund's PS Ratio has ranged from 5.87 to 53.41. According to the industry distribution chart, First Trust Mortgageome Fund ranks #1044 out of 1388 companies in the Asset Management industry, placing it in the top 75.2%.
Is First Trust Mortgageome Fund's PS Ratio too high?
First Trust Mortgageome Fund's current PS Ratio of 14.73 is 52% below median its 10-year median of 30.43. Over the past 10 years, this metric has ranged from a low of 5.87 to a high of 53.41. The Asset Management industry median PS Ratio is 7.07. First Trust Mortgageome Fund's value of 14.73 is 108.3% above this industry median. Based on the distribution chart, First Trust Mortgageome Fund ranks #1044 out of 1388 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, First Trust Mortgageome Fund has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Trust Mortgageome Fund's PS Ratio compare to OFS and SDEV?
According to the Asset Management industry distribution chart, First Trust Mortgageome Fund ranks #1044 out of 1388 companies for PS Ratio. This places First Trust Mortgageome Fund in the lower half of its industry. The industry median PS Ratio is 7.07. First Trust Mortgageome Fund's value of 14.73 is 108.3% above this benchmark. Historically, First Trust Mortgageome Fund's own PS Ratio has ranged from 5.87 to 53.41 over the past decade. While the company's 10-year median is 30.43 vs. the industry median of 7.07, First Trust Mortgageome Fund 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 7.07, based on 1,388 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 Mortgageome Fund's current PS Ratio of 14.73 is 108.3% 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 Mortgageome Fund and its competitors. For the Asset Management industry, the median PS Ratio is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Trust Mortgageome Fund's current PS Ratio is 14.73, which is 52% below median its own 10-year median of 30.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Mortgageome Fund stock overvalued right now?
Based on GuruFocus' analysis, First Trust Mortgageome Fund (FMY) is currently considered Fairly Valued. The stock's GF Value™ is $11.71, compared to a current price of $11.43 — trading 2.4% below its estimated fair value. The current PS Ratio is 14.73, which is 52% below median its 10-year median of 30.43 and 108.3% above the Asset Management industry median of 7.07. First Trust Mortgageome Fund's overall GF Score™ is 54/100 with 5 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 Mortgageome Fund (FMY), the current PS Ratio is 14.73 as of Sep. 07, 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.
Is First Trust Mortgageome Fund (FMY) Overvalued in 2026?
Based on GuruFocus' analysis, First Trust Mortgageome Fund stock appears to be undervalued.
The current stock price of $11.43 is trading 2.4% below its estimated GF Value™ of $11.71.
GuruFocus considers First Trust Mortgageome Fund to be Fairly Valued.
Key valuation signals for FMY:
PS Ratio: 14.73 (52% below median its 10-year median of 30.43)
GF Value™: $11.71 vs. price of $11.43 (2.4% below fair value)
Industry Position: 108.3% above the Asset Management median (#1044 of 1388)
No single metric tells the full story. See the FMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Trust Mortgage Income Fund is a United States-based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income. Its secondary investment objective is to preserve capital. The fund pursues its objectives by investing predominantly in mortgage-backed securities representing part ownership in a pool of either residential or commercial mortgage loans that, in the opinion of the Fund's investment advisor, offer an attractive combination of credit quality, yield, and maturity.
54GF Score
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