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MMU (Western Asset Managed Municipals Fd) PS Ratio : 9.10 (As of Mar. 17, 2025)


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What is Western Asset Managed Municipals Fd 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, Western Asset Managed Municipals Fd's share price is $10.17. Western Asset Managed Municipals Fd's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2024 was $1.12. Hence, Western Asset Managed Municipals Fd's PS Ratio for today is 9.10.

Warning Sign:

Western Asset Managed Municipals Fd Inc stock PS Ratio (=17.66) is close to 3-year high of 18.96

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: 18.18   Max: 421.88
Current: 9.1

During the past 7 years, Western Asset Managed Municipals Fd's highest PS Ratio was 421.88. The lowest was 5.99. And the median was 18.18.

MMU's PS Ratio is ranked worse than
63.36% of 1471 companies
in the Asset Management industry
Industry Median: 6.86 vs MMU: 9.10

Western Asset Managed Municipals Fd's Revenue per Sharefor the six months ended in Nov. 2024 was $0.77. Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2024 was $1.12.

Warning Sign:

Western Asset Managed Municipals Fd 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 Western Asset Managed Municipals Fd was 44.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was -31.00% per year.

During the past 7 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 PS Ratio Historical Data

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.

* Premium members only.

Western Asset Managed Municipals Fd PS Ratio Chart

Western Asset Managed Municipals Fd Annual Data
Trend May18 May19 May20 May21 May22 May23 May24
PS Ratio
Get a 7-Day Free Trial 375.94 7.67 - - 17.24

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

Competitive Comparison of Western Asset Managed Municipals Fd's PS Ratio

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's PS Ratio Distribution in the 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.



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)
=10.17/1.117
=9.10

Western Asset Managed Municipals Fd's Share Price of today is $10.17.
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. 2024 was $1.12.

* 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.


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

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Western Asset Managed Municipals Fd Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
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. It predominantly invests in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies, and public authorities (municipal obligations). Under normal market conditions, a majority of its total assets are invested in municipal obligations rated investment grade at the time of investment.
Executives
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Robert D Agdern director C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202