GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clough Global Equity Fund (AMEX:GLQ) » Definitions » PS Ratio

GLQ (Clough Global Equity Fund) PS Ratio : 6.18 (As of Dec. 12, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Clough Global Equity Fund 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, Clough Global Equity Fund's share price is $6.885. Clough Global Equity Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was $1.11. Hence, Clough Global Equity Fund's PS Ratio for today is 6.18.

The historical rank and industry rank for Clough Global Equity Fund's PS Ratio or its related term are showing as below:

GLQ' s PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 9.68   Max: 44.26
Current: 6.1

During the past 13 years, Clough Global Equity Fund's highest PS Ratio was 44.26. The lowest was 1.42. And the median was 9.68.

GLQ's PS Ratio is ranked better than
59.74% of 1488 companies
in the Asset Management industry
Industry Median: 7.51 vs GLQ: 6.10

Clough Global Equity Fund's Revenue per Sharefor the six months ended in Apr. 2024 was $1.53. Its Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was $1.11.

During the past 13 years, Clough Global Equity Fund's highest 3-Year average Revenue per Share Growth Rate was 110.70% per year. The lowest was -25.80% per year. And the median was 12.20% per year.

Back to Basics: PS Ratio


Clough Global Equity Fund PS Ratio Historical Data

The historical data trend for Clough Global Equity Fund'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.

Clough Global Equity Fund PS Ratio Chart

Clough Global Equity Fund Annual Data
Trend Mar14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.93 8.39 3.28 - -

Clough Global Equity Fund Semi-Annual Data
Sep14 Apr15 Oct15 Apr16 Oct16 Apr17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Clough Global Equity Fund's PS Ratio

For the Asset Management subindustry, Clough Global Equity 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.


Clough Global Equity Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clough Global Equity Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Clough Global Equity Fund's PS Ratio falls into.



Clough Global Equity Fund 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.

Clough Global Equity Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=6.885/1.114
=6.18

Clough Global Equity Fund's Share Price of today is $6.885.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Clough Global Equity Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2024 was $1.11.

* 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.


Clough Global Equity Fund  (AMEX:GLQ) 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.


Clough Global Equity Fund PS Ratio Related Terms

Thank you for viewing the detailed overview of Clough Global Equity Fund's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Clough Global Equity Fund Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1850, Denver, CO, USA, 80290
Clough Global Equity Fund is a closed-end management investment company. Its investment objective is to provide a high level of total return. The Fund invests in the equity, equity-related securities, and fixed-income securities in both U.S. and non-U.S. markets.
Executives
Charles Jr Clough other: person affiliated w/ Inv. Adv. 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p. other: Investment Advisor of Fund 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Lainey Ejiasa officer: President 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel other: Assistant Treasurer 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Ryan Johanson officer: Treasurer 1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks officer: Assistant Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Jason Hearle other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kevin Joseph Mcnally officer: Trustee 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Karen Ann Digravio other: Trustee 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jerry G Rutledge director 2745 SPRINGMEDE COURT, COLORADO SPRINGS CO 80906