Highland Global Allocation FundHGLB -0.65%46 PS Ratio is 16.83 as of Jul. 10, 2026, which is 188% above its 10-year median of 5.84. GuruFocus rates HGLB with a GF Score™ of 46/100 and a GF Value™ of $3.93 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,410 Asset Management companies, Highland Global Allocation Fund ranks worse than 76.31% 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, Highland Global Allocation Fund's share price is $7.59.
Highland Global Allocation Fund's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $0.45. Hence, Highland Global Allocation Fund's PS Ratio for today is 16.83.
Good Sign:
Highland Global Allocation Fund stock PS Ratio (=2.64) is close to 5-year low of 2.56.
The historical rank and industry rank for Highland Global Allocation Fund's PS Ratio or its related term are showing as below:
HGLB'
s PS Ratio Range Over the Past 10 Years
Min: 2.56 Med: 5.84 Max: 16.94
Current: 16.82
During the past 7 years, Highland Global Allocation Fund's highest PS Ratio was 16.94. The lowest was 2.56. And the median was 5.84.
HGLB's PS Ratio is ranked worse than 76.31% of 1410
companies
in the Asset Management industry
Industry Median: 7.24
vs HGLB: 16.82
During the past 7 years, Highland Global Allocation Fund's highest 3-Year average Revenue per Share Growth Rate was 59.90% per year. The lowest was -24.10% per year. And the median was 17.90% per year.
Back to Basics: PS Ratio
Highland Global Allocation Fund (NYSE:HGLB) 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.
Highland Global Allocation Fund PS Ratio Related Terms
Highland Global Allocation 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, Highland Global Allocation 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.
Highland Global Allocation Fund PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Highland Global Allocation Fund's PS Ratio distribution charts can be found below:
* The bar in red indicates where Highland Global Allocation Fund's PS Ratio falls into.
Highland Global Allocation 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.
Highland Global Allocation Fund's Share Price of today is $7.59.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Highland Global Allocation Fund's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $0.45.
* 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:
Highland Global Allocation Fund (HGLB) has a PS Ratio of 16.83 as of Jul. 10, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Highland Global Allocation Fund and its competitors. This is 188% above median its historical median of 5.84. Over the past decade, Highland Global Allocation Fund's PS Ratio has ranged from 2.56 to 16.94. According to the industry distribution chart, Highland Global Allocation Fund ranks #1076 out of 1410 companies in the Asset Management industry, placing it in the top 76.3%.
Is Highland Global Allocation Fund's PS Ratio too high?
Highland Global Allocation Fund's current PS Ratio of 16.83 is 188% above median its 10-year median of 5.84. Over the past 10 years, this metric has ranged from a low of 2.56 to a high of 16.94. The Asset Management industry median PS Ratio is 7.24. Highland Global Allocation Fund's value of 16.83 is 132.5% above this industry median. Based on the distribution chart, Highland Global Allocation Fund ranks #1076 out of 1410 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Highland Global Allocation Fund has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highland Global Allocation Fund's PS Ratio compare to FLC and DHF?
According to the Asset Management industry distribution chart, Highland Global Allocation Fund ranks #1076 out of 1410 companies for PS Ratio. This places Highland Global Allocation Fund in the lower half of its industry. The industry median PS Ratio is 7.24. Highland Global Allocation Fund's value of 16.83 is 132.5% above this benchmark. Historically, Highland Global Allocation Fund's own PS Ratio has ranged from 2.56 to 16.94 over the past decade. While the company's 10-year median is 5.84 vs. the industry median of 7.24, Highland Global Allocation 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 7.24, based on 1,410 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. Highland Global Allocation Fund's current PS Ratio of 16.83 is 132.5% 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 Highland Global Allocation Fund and its competitors. For the Asset Management industry, the median PS Ratio is 7.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highland Global Allocation Fund's current PS Ratio is 16.83, which is 188% above median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highland Global Allocation Fund stock overvalued right now?
Based on GuruFocus' analysis, Highland Global Allocation Fund (HGLB) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.93, compared to a current price of $7.59 — trading 93.1% above its estimated fair value. The current PS Ratio is 16.83, which is 188% above median its 10-year median of 5.84 and 132.5% above the Asset Management industry median of 7.24. Highland Global Allocation Fund's overall GF Score™ is 46/100 with 2 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 Highland Global Allocation Fund (HGLB), the current PS Ratio is 16.83 as of Jul. 10, 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 Highland Global Allocation Fund (HGLB) Overvalued in 2026?
Based on GuruFocus' analysis, Highland Global Allocation Fund stock appears to be overvalued.
The current stock price of $7.59 is trading 93.1% above its estimated GF Value™ of $3.93.
GuruFocus considers Highland Global Allocation Fund to be Significantly Overvalued.
Key valuation signals for HGLB:
PS Ratio: 16.83 (188% above median its 10-year median of 5.84)
GF Value™: $3.93 vs. price of $7.59 (93.1% above fair value)
Industry Position: 132.5% above the Asset Management median (#1076 of 1410)
No single metric tells the full story. See the HGLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Highland Global Allocation Fund Business Description
Highland Global Allocation Fund is a diversified, closed-end management investment company. The investment objective of the Fund is to seek long-term growth of capital and future income. The Fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt, and money market securities. It may also invest in senior loans to domestic or foreign corporations, partnerships, and other entities that operate in a variety of industries and geographic regions.
46GF Score
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