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GBAB (Guggenheim Taxable Municipal Managed Duration Trust) PS Ratio : 18.90 (As of Dec. 14, 2024)


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What is Guggenheim Taxable Municipal Managed Duration Trust 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, Guggenheim Taxable Municipal Managed Duration Trust's share price is $15.63. Guggenheim Taxable Municipal Managed Duration Trust's Revenue per Share for the trailing twelve months (TTM) ended in May. 2024 was $0.83. Hence, Guggenheim Taxable Municipal Managed Duration Trust's PS Ratio for today is 18.90.

The historical rank and industry rank for Guggenheim Taxable Municipal Managed Duration Trust's PS Ratio or its related term are showing as below:

GBAB' s PS Ratio Range Over the Past 10 Years
Min: 8.09   Med: 16.95   Max: 27.28
Current: 19.19

During the past 7 years, Guggenheim Taxable Municipal Managed Duration Trust's highest PS Ratio was 27.28. The lowest was 8.09. And the median was 16.95.

GBAB's PS Ratio is ranked worse than
80.85% of 1488 companies
in the Asset Management industry
Industry Median: 7.51 vs GBAB: 19.19

Guggenheim Taxable Municipal Managed Duration Trust's Revenue per Sharefor the six months ended in May. 2024 was $0.82. Its Revenue per Share for the trailing twelve months (TTM) ended in May. 2024 was $0.83.

Warning Sign:

Guggenheim Taxable Municipal Managed Duration Trust 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 -24.80% per year.

During the past 7 years, Guggenheim Taxable Municipal Managed Duration Trust's highest 3-Year average Revenue per Share Growth Rate was 33.70% per year. The lowest was -24.80% per year. And the median was 4.45% per year.

Back to Basics: PS Ratio


Guggenheim Taxable Municipal Managed Duration Trust PS Ratio Historical Data

The historical data trend for Guggenheim Taxable Municipal Managed Duration Trust'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.

Guggenheim Taxable Municipal Managed Duration Trust PS Ratio Chart

Guggenheim Taxable Municipal Managed Duration Trust Annual Data
Trend May18 May19 May20 May21 May22 May23 May24
PS Ratio
Get a 7-Day Free Trial 24.73 10.64 - - 16.77

Guggenheim Taxable Municipal Managed Duration Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 - - - - 16.77

Competitive Comparison of Guggenheim Taxable Municipal Managed Duration Trust's PS Ratio

For the Asset Management subindustry, Guggenheim Taxable Municipal Managed Duration Trust'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.


Guggenheim Taxable Municipal Managed Duration Trust's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Guggenheim Taxable Municipal Managed Duration Trust's PS Ratio distribution charts can be found below:

* The bar in red indicates where Guggenheim Taxable Municipal Managed Duration Trust's PS Ratio falls into.



Guggenheim Taxable Municipal Managed Duration Trust 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.

Guggenheim Taxable Municipal Managed Duration Trust's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=15.63/0.827
=18.90

Guggenheim Taxable Municipal Managed Duration Trust's Share Price of today is $15.63.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Guggenheim Taxable Municipal Managed Duration Trust's Revenue per Share for the trailing twelve months (TTM) ended in May. 2024 was $0.83.

* 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.


Guggenheim Taxable Municipal Managed Duration Trust  (NYSE:GBAB) 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.


Guggenheim Taxable Municipal Managed Duration Trust PS Ratio Related Terms

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Guggenheim Taxable Municipal Managed Duration Trust Business Description

Traded in Other Exchanges
N/A
Address
227 West Monroe, Chicago, IL, USA, 60606
Guggenheim Taxable Municipal Managed Duration Trust is a diversified closed-end management investment company. Its investment objective is to provide current income with a secondary objective of long-term capital appreciation. Its products include Mutual funds, Unit investment trusts, Closed-end funds, Rydex funds, Credit income fund and others.
Executives
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Chubb Donald A. Jr. director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Lydon Thomas F Jr director, other: Trustee
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Evan Loring Serdensky other: Portfolio Manager 227 WEST MONROE STREET, CHICAGO IL 60606
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
Steven H. Brown other: Portfolio Manager 227 WEST MONROE STREET, 49TH FLOOR, CHICAGO IL 60606
Adam Bloch other: portfolio manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Jon Szafran officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Anne Bookwalter Walsh other: Managing Director 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Adam J Nelson officer: Assistant Treasurer 227 WEST MONROE STREET, CHICAGO IL 60606

Guggenheim Taxable Municipal Managed Duration Trust Headlines