What is Western Asset Municipal Highome Fund PS Ratio?
Western Asset Municipal Highome FundMHF 54 PS Ratio is 18.55 as of Jul. 03, 2026, which is 47% below its 10-year median of 35.23. GuruFocus rates MHF with a GF Score™ of 54/100 and a GF Value™ of $13.27 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,405 Asset Management companies, Western Asset Municipal Highome Fund ranks worse than 77.3% on this metric.
Western Asset Municipal Highome Fund (NYSE:MHF) 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 Municipal Highome Fund PS Ratio Related Terms
Western Asset Municipal Highome 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.
Western Asset Municipal Highome Fund PS Ratio Chart
For the Asset Management subindustry, Western Asset Municipal Highome 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.
Western Asset Municipal Highome Fund PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Municipal Highome Fund's PS Ratio distribution charts can be found below:
* The bar in red indicates where Western Asset Municipal Highome Fund's PS Ratio falls into.
Western Asset Municipal Highome 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.
Western Asset Municipal Highome Fund's Share Price of today is $7.03.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Asset Municipal Highome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $0.38.
* 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 Municipal Highome Fund (MHF) has a PS Ratio of 18.55 as of Jul. 03, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Western Asset Municipal Highome Fund and its competitors. This is 47% below median its historical median of 35.23. Over the past decade, Western Asset Municipal Highome Fund's PS Ratio has ranged from 7.90 to 158.57. According to the industry distribution chart, Western Asset Municipal Highome Fund ranks #1086 out of 1405 companies in the Asset Management industry, placing it in the top 77.3%.
Is Western Asset Municipal Highome Fund's PS Ratio too high?
Western Asset Municipal Highome Fund's current PS Ratio of 18.55 is 47% below median its 10-year median of 35.23. Over the past 10 years, this metric has ranged from a low of 7.90 to a high of 158.57. The Asset Management industry median PS Ratio is 7.29. Western Asset Municipal Highome Fund's value of 18.55 is 154.5% above this industry median. Based on the distribution chart, Western Asset Municipal Highome Fund ranks #1086 out of 1405 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Western Asset Municipal Highome Fund has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Municipal Highome Fund's PS Ratio compare to PIM and MSD?
According to the Asset Management industry distribution chart, Western Asset Municipal Highome Fund ranks #1086 out of 1405 companies for PS Ratio. This places Western Asset Municipal Highome Fund in the lower half of its industry. The industry median PS Ratio is 7.29. Western Asset Municipal Highome Fund's value of 18.55 is 154.5% above this benchmark. Historically, Western Asset Municipal Highome Fund's own PS Ratio has ranged from 7.90 to 158.57 over the past decade. While the company's 10-year median is 35.23 vs. the industry median of 7.29, Western Asset Municipal Highome 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 7.29, based on 1,405 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 Municipal Highome Fund's current PS Ratio of 18.55 is 154.5% 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 Western Asset Municipal Highome Fund and its competitors. For the Asset Management industry, the median PS Ratio is 7.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Municipal Highome Fund's current PS Ratio is 18.55, which is 47% below median its own 10-year median of 35.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Municipal Highome Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Municipal Highome Fund (MHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $13.27, compared to a current price of $7.03 — trading 47% below its estimated fair value. The current PS Ratio is 18.55, which is 47% below median its 10-year median of 35.23 and 154.5% above the Asset Management industry median of 7.29. Western Asset Municipal Highome Fund's overall GF Score™ is 54/100 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 Municipal Highome Fund (MHF), the current PS Ratio is 18.55 as of Jul. 03, 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 Western Asset Municipal Highome Fund (MHF) Overvalued in 2026?
Based on GuruFocus' analysis, Western Asset Municipal Highome Fund stock appears to be undervalued.
The current stock price of $7.03 is trading 47% below its estimated GF Value™ of $13.27.
GuruFocus considers Western Asset Municipal Highome Fund to be Significantly Undervalued.
Key valuation signals for MHF:
PS Ratio: 18.55 (47% below median its 10-year median of 35.23)
GF Value™: $13.27 vs. price of $7.03 (47% below fair value)
Industry Position: 154.5% above the Asset Management median (#1086 of 1405)
No single metric tells the full story. See the MHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Asset Municipal Highome Fund Business Description
Western Asset Municipal High Income Fund Inc is a diversified closed-end management investment company. The company's objective is to seek high current income exempt from federal income taxes. It invests predominantly in intermediate and long-term municipal debt securities issued by state and local governments.
54GF Score
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