RFMZ (RiverNorth Flex Muniome Fund II) PS Ratio: 183.06 (As of Jul. 27, 2026) — 957% Above Median

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RFMZ RiverNorth Flex Muni Income Fund II Inc RFMZ
30 GF Score
Price $13.18
! 4 Warning Signs
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What is RiverNorth Flex Muniome Fund II PS Ratio?

RiverNorth Flex Muniome Fund II RFMZ -0.23% 30 PS Ratio is 183.06 as of Jul. 27, 2026, which is 957% above its 10-year median of 17.32. GuruFocus rates RFMZ with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,414 Asset Management companies, RiverNorth Flex Muniome Fund II ranks worse than 97.24% 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, RiverNorth Flex Muniome Fund II's share price is $13.18. RiverNorth Flex Muniome Fund II's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.07. Hence, RiverNorth Flex Muniome Fund II's PS Ratio for today is 183.06.

The historical rank and industry rank for RiverNorth Flex Muniome Fund II's PS Ratio or its related term are showing as below:

RFMZ' s PS Ratio Range Over the Past 10 Years
Min: 9.38   Med: 17.32   Max: 183.06
Current: 183.06

During the past 5 years, RiverNorth Flex Muniome Fund II's highest PS Ratio was 183.06. The lowest was 9.38. And the median was 17.32.

RFMZ's PS Ratio is ranked worse than
97.24% of 1414 companies
in the Asset Management industry
Industry Median: 7.165 vs RFMZ: 183.06

RiverNorth Flex Muniome Fund II's Revenue per Sharefor the six months ended in Dec. 2025 was $0.88. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.07.

During the past 12 months, the average Revenue per Share Growth Rate of RiverNorth Flex Muniome Fund II was -92.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 46.70% per year.

During the past 5 years, RiverNorth Flex Muniome Fund II's highest 3-Year average Revenue per Share Growth Rate was 46.70% per year. The lowest was 46.70% per year. And the median was 46.70% per year.

Back to Basics: PS Ratio


RiverNorth Flex Muniome Fund II  (NYSE:RFMZ) 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.


RiverNorth Flex Muniome Fund II PS Ratio Related Terms


RiverNorth Flex Muniome Fund II PS Ratio Historical Data

* Premium members only.

The historical data trend for RiverNorth Flex Muniome Fund II'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.

RiverNorth Flex Muniome Fund II PS Ratio Chart

RiverNorth Flex Muniome Fund II Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
PS Ratio
0.00 0.00 22.02 10.74 0.00

RiverNorth Flex Muniome Fund II Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 10.74 0.00 0.00 0.00

RFMZ vs BGT, JOF, PPT: PS Ratio Comparison

For the Asset Management subindustry, RiverNorth Flex Muniome Fund II'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.


RiverNorth Flex Muniome Fund II PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Flex Muniome Fund II's PS Ratio distribution charts can be found below:

* The bar in red indicates where RiverNorth Flex Muniome Fund II's PS Ratio falls into.


RFMZ
30GF Score
RiverNorth Flex Muni Income Fund II Inc RFMZ
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Flex Muniome Fund II 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.

RiverNorth Flex Muniome Fund II's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=13.18/0.072
=183.06

RiverNorth Flex Muniome Fund II's Share Price of today is $13.18.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth Flex Muniome Fund II's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.07.

* 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 183.06 mean?
RiverNorth Flex Muniome Fund II (RFMZ) has a PS Ratio of 183.06 as of Jul. 27, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on RiverNorth Flex Muniome Fund II and its competitors. This is 957% above median its historical median of 17.32. Over the past decade, RiverNorth Flex Muniome Fund II's PS Ratio has ranged from 9.38 to 183.06. According to the industry distribution chart, RiverNorth Flex Muniome Fund II ranks #1375 out of 1414 companies in the Asset Management industry, placing it in the top 97.2%.
Is RiverNorth Flex Muniome Fund II's PS Ratio too high?
RiverNorth Flex Muniome Fund II's current PS Ratio of 183.06 is 957% above median its 10-year median of 17.32. Over the past 10 years, this metric has ranged from a low of 9.38 to a high of 183.06. The Asset Management industry median PS Ratio is 7.17. RiverNorth Flex Muniome Fund II's value of 183.06 is 2454.9% above this industry median. Based on the distribution chart, RiverNorth Flex Muniome Fund II ranks #1375 out of 1414 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, RiverNorth Flex Muniome Fund II has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Flex Muniome Fund II's PS Ratio compare to BGT and JOF?
According to the Asset Management industry distribution chart, RiverNorth Flex Muniome Fund II ranks #1375 out of 1414 companies for PS Ratio. This places RiverNorth Flex Muniome Fund II in the lower half of its industry. The industry median PS Ratio is 7.17. RiverNorth Flex Muniome Fund II's value of 183.06 is 2454.9% above this benchmark. Historically, RiverNorth Flex Muniome Fund II's own PS Ratio has ranged from 9.38 to 183.06 over the past decade. While the company's 10-year median is 17.32 vs. the industry median of 7.17, RiverNorth Flex Muniome Fund II 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 7.17, based on 1,414 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. RiverNorth Flex Muniome Fund II's current PS Ratio of 183.06 is 2454.9% 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 RiverNorth Flex Muniome Fund II and its competitors. For the Asset Management industry, the median PS Ratio is 7.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Flex Muniome Fund II's current PS Ratio is 183.06, which is 957% above median its own 10-year median of 17.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiverNorth Flex Muniome Fund II stock overvalued right now?
RiverNorth Flex Muniome Fund II (RFMZ) has a current PS Ratio of 183.06. The current PS Ratio is 183.06, which is 957% above median its 10-year median of 17.32 and 2454.9% above the Asset Management industry median of 7.17. RiverNorth Flex Muniome Fund II's overall GF Score™ is 30/100 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 RiverNorth Flex Muniome Fund II (RFMZ), the current PS Ratio is 183.06 as of Jul. 27, 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.

RiverNorth Flex Muniome Fund II Business Description

Address 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Flex Muni Income Fund II Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.
30GF Score

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$13.18
Price