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ISD (PGIM High Yield Fund) PS Ratio : 9.60 (As of Dec. 12, 2024)


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What is PGIM High Yield 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, PGIM High Yield Fund's share price is $14.20. PGIM High Yield Fund's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2024 was $1.48. Hence, PGIM High Yield Fund's PS Ratio for today is 9.60.

Good Sign:

PGIM High Yield Fund Inc stock PS Ratio (=9.65) is close to 2-year low of 9.11

The historical rank and industry rank for PGIM High Yield Fund's PS Ratio or its related term are showing as below:

ISD' s PS Ratio Range Over the Past 10 Years
Min: 3.58   Med: 19.45   Max: 144.82
Current: 9.58

During the past 7 years, PGIM High Yield Fund's highest PS Ratio was 144.82. The lowest was 3.58. And the median was 19.45.

ISD's PS Ratio is ranked worse than
60.22% of 1488 companies
in the Asset Management industry
Industry Median: 7.51 vs ISD: 9.58

PGIM High Yield Fund's Revenue per Sharefor the six months ended in Jul. 2024 was $0.43. Its Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2024 was $1.48.

Warning Sign:

PGIM High Yield Fund Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of PGIM High Yield Fund was 136.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was -24.20% per year.

During the past 7 years, PGIM High Yield Fund's highest 3-Year average Revenue per Share Growth Rate was 82.60% per year. The lowest was -24.20% per year. And the median was 77.00% per year.

Back to Basics: PS Ratio


PGIM High Yield Fund PS Ratio Historical Data

The historical data trend for PGIM High Yield 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.

PGIM High Yield Fund PS Ratio Chart

PGIM High Yield Fund Annual Data
Trend May18 May19 May20 May21 Jul22 Jul23 Jul24
PS Ratio
Get a 7-Day Free Trial 119.46 4.80 - 20.00 9.20

PGIM High Yield Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 - - 20.00 - 9.20

Competitive Comparison of PGIM High Yield Fund's PS Ratio

For the Asset Management subindustry, PGIM High Yield 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.


PGIM High Yield Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PGIM High Yield Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where PGIM High Yield Fund's PS Ratio falls into.



PGIM High Yield 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.

PGIM High Yield Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=14.20/1.479
=9.60

PGIM High Yield Fund's Share Price of today is $14.20.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. PGIM High Yield Fund's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2024 was $1.48.

* 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.


PGIM High Yield Fund  (NYSE:ISD) 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.


PGIM High Yield Fund PS Ratio Related Terms

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


PGIM High Yield Fund Business Description

Traded in Other Exchanges
N/A
Address
655 Broad Street, 6th Floor, Newark, NJ, USA, 07102
PGIM High Yield Fund Inc is a diversified, closed-end management investment company, active in the financial services domain. The Fund's investment objective is to provide a high level of current income. It invests at least 80% of its investable assets in a diversified portfolio of high-yield fixed-income instruments that are rated below investment grade with varying maturities and other investments.
Executives
Brian Reid director C/O PGIM INVESTMENTS LLC, 655 BROAD STREET, NEWARK NJ 07102
Andrew Donohue officer: Chief Compliance Officer 655 BROAD STREET, NEWARK NJ 07102
Brian J Lalli other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Robert Mccormack officer: Assistant Treasurer 655 BROAD ST., NEWARK NJ 07102
Barry H Evans director C/O PGIM INVESTMENTS, 655 BROAD STREET, NEWARK NJ 07102
Isabelle Sajous officer: Chief Compliance Officer 655 BROAD ST., NEWARK NJ 07102
Michael Joseph Gormally other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Gregory J Peters other: Co-Chief Investment Officer 655 BROAD STREET, NEWARK NJ 07102
Craig C Dewling other: Deputy CIO 655 BROAD STREET, NEWARK NJ 07102
Michael Lillard other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Debra Rubano officer: Assistant Secretary 655 BROAD STREET, PRUDENTIAL TOWER SOUTH, NEWARK NJ 07102
Patrick Mcguinness officer: Assistant Secretary 655 BROAD STREET, PRUDENTIAL TOWER SOUTH, 17TH FLOOR, NEWARK NJ 07102
Scott E Benjamin director 655 BROAD ST., NEWARK NJ 07102
Melissa Gonzalez officer: Assistant Secretary 655 BROAD STREET, NEWARK NJ 07102
Elyse Mclaughlin officer: Assistant Treasurer 655 BROAD ST., NEWARK NJ 07102

PGIM High Yield Fund Headlines

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