MMU (Western Asset Managed Municipals Fd) PS Ratio: 39.85 (As of Jun. 30, 2026) — 43% Above Median


MMU Western Asset Managed Municipals Fd Inc MMU
33 GF Score
Price $10.52
! 5 Warning Signs
View Full Analysis

What is Western Asset Managed Municipals Fd PS Ratio?

Western Asset Managed Municipals Fd MMU +0.77% 33 PS Ratio is 39.85 as of Jun. 30, 2026, which is 43% above its 10-year median of 27.80. GuruFocus rates MMU with a GF Score™ of 33/100. The stock has 5 warning signs investors should review. Among 1,406 Asset Management companies, Western Asset Managed Municipals Fd ranks worse than 88.48% 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, Western Asset Managed Municipals Fd's share price is $10.52. Western Asset Managed Municipals Fd's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2025 was $0.26. Hence, Western Asset Managed Municipals Fd's PS Ratio for today is 39.85.

Warning Sign:

Western Asset Managed Municipals Fd Inc stock PS Ratio (=50.68) is close to 5-year high of 51.89.

The historical rank and industry rank for Western Asset Managed Municipals Fd's PS Ratio or its related term are showing as below:

MMU' s PS Ratio Range Over the Past 10 Years
Min: 5.99   Med: 27.8   Max: 421.88
Current: 39.86

During the past 8 years, Western Asset Managed Municipals Fd's highest PS Ratio was 421.88. The lowest was 5.99. And the median was 27.80.

MMU's PS Ratio is ranked worse than
88.48% of 1406 companies
in the Asset Management industry
Industry Median: 7.345 vs MMU: 39.86

Western Asset Managed Municipals Fd's Revenue per Sharefor the six months ended in Nov. 2025 was $0.85. Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2025 was $0.26.

During the past 12 months, the average Revenue per Share Growth Rate of Western Asset Managed Municipals Fd was -76.40% per year.

During the past 8 years, Western Asset Managed Municipals Fd's highest 3-Year average Revenue per Share Growth Rate was 61.30% per year. The lowest was -31.00% per year. And the median was 15.15% per year.

Back to Basics: PS Ratio


Western Asset Managed Municipals Fd  (NYSE:MMU) 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.


Western Asset Managed Municipals Fd PS Ratio Related Terms


Western Asset Managed Municipals Fd PS Ratio Historical Data

* Premium members only.

The historical data trend for Western Asset Managed Municipals Fd'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.

Western Asset Managed Municipals Fd PS Ratio Chart

Western Asset Managed Municipals Fd Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
PS Ratio
Get a 7-Day Free Trial 7.67 0.00 0.00 17.24 48.11

Western Asset Managed Municipals Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.00 17.24 0.00 48.11 0.00

MMU vs GUT, AVK, CHW: PS Ratio Comparison

For the Asset Management subindustry, Western Asset Managed Municipals Fd'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 Managed Municipals Fd PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Managed Municipals Fd's PS Ratio distribution charts can be found below:

* The bar in red indicates where Western Asset Managed Municipals Fd's PS Ratio falls into.


MMU
33GF Score
Western Asset Managed Municipals Fd Inc MMU
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Asset Managed Municipals Fd 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 Managed Municipals Fd's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=10.52/0.264
=39.85

Western Asset Managed Municipals Fd's Share Price of today is $10.52.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Asset Managed Municipals Fd's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2025 was $0.26.

* 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 39.85 mean?
Western Asset Managed Municipals Fd (MMU) has a PS Ratio of 39.85 as of Jun. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Western Asset Managed Municipals Fd and its competitors. This is 43% above median its historical median of 27.80. Over the past decade, Western Asset Managed Municipals Fd's PS Ratio has ranged from 5.99 to 421.88. According to the industry distribution chart, Western Asset Managed Municipals Fd ranks #1244 out of 1406 companies in the Asset Management industry, placing it in the top 88.5%.
Is Western Asset Managed Municipals Fd's PS Ratio too high?
Western Asset Managed Municipals Fd's current PS Ratio of 39.85 is 43% above median its 10-year median of 27.80. Over the past 10 years, this metric has ranged from a low of 5.99 to a high of 421.88. The Asset Management industry median PS Ratio is 7.35. Western Asset Managed Municipals Fd's value of 39.85 is 442.5% above this industry median. Based on the distribution chart, Western Asset Managed Municipals Fd ranks #1244 out of 1406 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Western Asset Managed Municipals Fd has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Western Asset Managed Municipals Fd's PS Ratio compare to GUT and AVK?
According to the Asset Management industry distribution chart, Western Asset Managed Municipals Fd ranks #1244 out of 1406 companies for PS Ratio. This places Western Asset Managed Municipals Fd in the lower half of its industry. The industry median PS Ratio is 7.35. Western Asset Managed Municipals Fd's value of 39.85 is 442.5% above this benchmark. Historically, Western Asset Managed Municipals Fd's own PS Ratio has ranged from 5.99 to 421.88 over the past decade. While the company's 10-year median is 27.80 vs. the industry median of 7.35, Western Asset Managed Municipals Fd 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 7.35, based on 1,406 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 Managed Municipals Fd's current PS Ratio of 39.85 is 442.5% 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 Managed Municipals Fd and its competitors. For the Asset Management industry, the median PS Ratio is 7.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Managed Municipals Fd's current PS Ratio is 39.85, which is 43% above median its own 10-year median of 27.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Managed Municipals Fd stock overvalued right now?
Western Asset Managed Municipals Fd (MMU) has a current PS Ratio of 39.85. The current PS Ratio is 39.85, which is 43% above median its 10-year median of 27.80 and 442.5% above the Asset Management industry median of 7.35. Western Asset Managed Municipals Fd's overall GF Score™ is 33/100 with 5 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 Managed Municipals Fd (MMU), the current PS Ratio is 39.85 as of Jun. 30, 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 Managed Municipals Fd Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset Managed Municipals Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is to maximize current income exempted from federal income tax as is consistent with the preservation of principal. The fund predominantly invests in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies, and public authorities (municipal obligations).
33GF Score

Get the complete analysis for MMU

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.52
Price