IHD (Voya Emerging Markets High Dividend Equity Fund) PS Ratio: 3.01 (As of Jul. 21, 2026) — 54% Below Median

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IHD Voya Emerging Markets High Dividend Equity Fund IHD
37 GF Score
Price $7.39
! 3 Warning Signs
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What is Voya Emerging Markets High Dividend Equity Fund PS Ratio?

Voya Emerging Markets High Dividend Equity Fund IHD -0.54% 37 PS Ratio is 3.01 as of Jul. 21, 2026, which is 54% below its 10-year median of 6.53. GuruFocus rates IHD with a GF Score™ of 37/100. The stock has 3 warning signs investors should review. Among 1,411 Asset Management companies, Voya Emerging Markets High Dividend Equity Fund ranks better than 78.95% 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, Voya Emerging Markets High Dividend Equity Fund's share price is $7.39. Voya Emerging Markets High Dividend Equity Fund's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $2.45. Hence, Voya Emerging Markets High Dividend Equity Fund's PS Ratio for today is 3.01.

The historical rank and industry rank for Voya Emerging Markets High Dividend Equity Fund's PS Ratio or its related term are showing as below:

IHD' s PS Ratio Range Over the Past 10 Years
Min: 2.58   Med: 6.53   Max: 13.7
Current: 3.01

During the past 9 years, Voya Emerging Markets High Dividend Equity Fund's highest PS Ratio was 13.70. The lowest was 2.58. And the median was 6.53.

IHD's PS Ratio is ranked better than
78.95% of 1411 companies
in the Asset Management industry
Industry Median: 7.25 vs IHD: 3.01

Voya Emerging Markets High Dividend Equity Fund's Revenue per Sharefor the six months ended in Feb. 2026 was $1.55. Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $2.45.

During the past 12 months, the average Revenue per Share Growth Rate of Voya Emerging Markets High Dividend Equity Fund was 368.00% per year.

During the past 9 years, Voya Emerging Markets High Dividend Equity Fund's highest 3-Year average Revenue per Share Growth Rate was 6.30% per year. The lowest was -27.90% per year. And the median was -5.95% per year.

Back to Basics: PS Ratio


Voya Emerging Markets High Dividend Equity Fund  (NYSE:IHD) 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.


Voya Emerging Markets High Dividend Equity Fund PS Ratio Related Terms


Voya Emerging Markets High Dividend Equity Fund PS Ratio Historical Data

* Premium members only.

The historical data trend for Voya Emerging Markets High Dividend 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.

Voya Emerging Markets High Dividend Equity Fund PS Ratio Chart

Voya Emerging Markets High Dividend Equity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PS Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 8.53 10.17 2.89

Voya Emerging Markets High Dividend Equity Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 8.53 0.00 10.17 0.00 2.89

IHD vs BGX, GRX, HYI: PS Ratio Comparison

For the Asset Management subindustry, Voya Emerging Markets High Dividend 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.


Voya Emerging Markets High Dividend Equity Fund PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Emerging Markets High Dividend Equity Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Voya Emerging Markets High Dividend Equity Fund's PS Ratio falls into.


IHD
37GF Score
Voya Emerging Markets High Dividend Equity Fund IHD
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Voya Emerging Markets High Dividend 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.

Voya Emerging Markets High Dividend Equity Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=7.39/2.453
=3.01

Voya Emerging Markets High Dividend Equity Fund's Share Price of today is $7.39.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Voya Emerging Markets High Dividend Equity Fund's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $2.45.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 3.01 mean?
Voya Emerging Markets High Dividend Equity Fund (IHD) has a PS Ratio of 3.01 as of Jul. 21, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Voya Emerging Markets High Dividend Equity Fund and its competitors. This is 54% below median its historical median of 6.53. Over the past decade, Voya Emerging Markets High Dividend Equity Fund's PS Ratio has ranged from 2.58 to 13.70. According to the industry distribution chart, Voya Emerging Markets High Dividend Equity Fund ranks #297 out of 1411 companies in the Asset Management industry, placing it in the top 21%.
Is Voya Emerging Markets High Dividend Equity Fund's PS Ratio too high?
Voya Emerging Markets High Dividend Equity Fund's current PS Ratio of 3.01 is 54% below median its 10-year median of 6.53. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 13.70. The Asset Management industry median PS Ratio is 7.25. Voya Emerging Markets High Dividend Equity Fund's value of 3.01 is 58.5% below this industry median. Based on the distribution chart, Voya Emerging Markets High Dividend Equity Fund ranks #297 out of 1411 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Voya Emerging Markets High Dividend Equity Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Voya Emerging Markets High Dividend Equity Fund's PS Ratio compare to BGX and GRX?
According to the Asset Management industry distribution chart, Voya Emerging Markets High Dividend Equity Fund ranks #297 out of 1411 companies for PS Ratio. This places Voya Emerging Markets High Dividend Equity Fund in the top 21% of its industry — outperforming the majority of peers. The industry median PS Ratio is 7.25. Voya Emerging Markets High Dividend Equity Fund's value of 3.01 is 58.5% below this benchmark. Historically, Voya Emerging Markets High Dividend Equity Fund's own PS Ratio has ranged from 2.58 to 13.70 over the past decade. While the company's 10-year median is 6.53 vs. the industry median of 7.25, Voya Emerging Markets High Dividend Equity Fund has consistently been below 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 7.25, 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. Voya Emerging Markets High Dividend Equity Fund's current PS Ratio of 3.01 is 58.5% below 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 Voya Emerging Markets High Dividend Equity Fund and its competitors. For the Asset Management industry, the median PS Ratio is 7.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voya Emerging Markets High Dividend Equity Fund's current PS Ratio is 3.01, which is 54% below median its own 10-year median of 6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Emerging Markets High Dividend Equity Fund stock overvalued right now?
Voya Emerging Markets High Dividend Equity Fund (IHD) has a current PS Ratio of 3.01. The current PS Ratio is 3.01, which is 54% below median its 10-year median of 6.53 and 58.5% below the Asset Management industry median of 7.25. Voya Emerging Markets High Dividend Equity Fund's overall GF Score™ is 37/100 with 3 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 Voya Emerging Markets High Dividend Equity Fund (IHD), the current PS Ratio is 3.01 as of Jul. 21, 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.

Voya Emerging Markets High Dividend Equity Fund Business Description

Address 7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Emerging Markets High Dividend Equity Fund is a diversified closed-end management investment company. Its primary investment objective is to provide total return through a combination of current income, capital gains, and capital appreciation. The company seeks to achieve its investment objectives by investing principally in a portfolio of equity securities, and issuers in emerging market countries. The Fund will also normally seek to secure gains and enhance the stability of returns over a market cycle by writing (selling) call options on selected exchange-traded funds (ETFs) and/or international, regional, or country indices of equity securities, and/or on equity securities.
37GF Score

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