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What is Western Asset High Yield Defined Opps. PS Ratio?
Western Asset High Yield Defined Opps.HYI -0.76%32 PS Ratio is 10.22 as of Jul. 24, 2026, which is 11% below its 10-year median of 11.44. GuruFocus rates HYI with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,411 Asset Management companies, Western Asset High Yield Defined Opps. ranks worse than 62.65% on this metric.
Western Asset High Yield Defined Opps. (NYSE:HYI) 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.
Western Asset High Yield Defined Opps. PS Ratio Related Terms
Western Asset High Yield Defined Opps. 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.
Western Asset High Yield Defined Opps. PS Ratio Chart
Western Asset High Yield Defined Opps. Annual Data
For the Asset Management subindustry, Western Asset High Yield Defined Opps.'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.
Western Asset High Yield Defined Opps. PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset High Yield Defined Opps.'s PS Ratio distribution charts can be found below:
* The bar in red indicates where Western Asset High Yield Defined Opps.'s PS Ratio falls into.
Western Asset High Yield Defined Opps. 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.
Western Asset High Yield Defined Opps.'s Share Price of today is $10.42.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Asset High Yield Defined Opps.'s Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2025 was $1.02.
* 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:
Western Asset High Yield Defined Opps. (HYI) has a PS Ratio of 10.22 as of Jul. 24, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Western Asset High Yield Defined Opps. and its competitors. This is 11% below median its historical median of 11.44. Over the past decade, Western Asset High Yield Defined Opps.'s PS Ratio has ranged from 5.45 to 38.56. According to the industry distribution chart, Western Asset High Yield Defined Opps. ranks #884 out of 1411 companies in the Asset Management industry, placing it in the top 62.7%.
Is Western Asset High Yield Defined Opps.'s PS Ratio too high?
Western Asset High Yield Defined Opps.'s current PS Ratio of 10.22 is 11% below median its 10-year median of 11.44. Over the past 10 years, this metric has ranged from a low of 5.45 to a high of 38.56. The Asset Management industry median PS Ratio is 7.15. Western Asset High Yield Defined Opps.'s value of 10.22 is 42.9% above this industry median. Based on the distribution chart, Western Asset High Yield Defined Opps. ranks #884 out of 1411 companies in the Asset Management industry, which is below the industry midpoint. Overall, Western Asset High Yield Defined Opps. has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Western Asset High Yield Defined Opps.'s PS Ratio compare to HEQ and CIK?
According to the Asset Management industry distribution chart, Western Asset High Yield Defined Opps. ranks #884 out of 1411 companies for PS Ratio. This places Western Asset High Yield Defined Opps. in the lower half of its industry. The industry median PS Ratio is 7.15. Western Asset High Yield Defined Opps.'s value of 10.22 is 42.9% above this benchmark. Historically, Western Asset High Yield Defined Opps.'s own PS Ratio has ranged from 5.45 to 38.56 over the past decade. While the company's 10-year median is 11.44 vs. the industry median of 7.15, Western Asset High Yield Defined Opps. 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 7.15, based on 1,411 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. Western Asset High Yield Defined Opps.'s current PS Ratio of 10.22 is 42.9% 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 Western Asset High Yield Defined Opps. and its competitors. For the Asset Management industry, the median PS Ratio is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset High Yield Defined Opps.'s current PS Ratio is 10.22, which is 11% below median its own 10-year median of 11.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset High Yield Defined Opps. stock overvalued right now?
Western Asset High Yield Defined Opps. (HYI) has a current PS Ratio of 10.22. The current PS Ratio is 10.22, which is 11% below median its 10-year median of 11.44 and 42.9% above the Asset Management industry median of 7.15. Western Asset High Yield Defined Opps.'s overall GF Score™ is 32/100 with 4 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 Western Asset High Yield Defined Opps. (HYI), the current PS Ratio is 10.22 as of Jul. 24, 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.
Western Asset High Yield Defined Opps. Business Description
Western Asset High Yield Defined Opps. is a non-diversified, limited-term, closed-end management investment company. The company's investment objective is to provide high income and seek capital appreciation. The fund invests a majority of its net assets in a portfolio of high-yield corporate fixed-income securities issued or originated by U.S. or foreign public or private corporations and other business entities, with varying maturities.
32GF Score
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