Royce Micro-Cap TrustRMT -2.04%40 PS Ratio is 8.60 as of Jul. 02, 2026, which is 38% above its 10-year median of 6.25. GuruFocus rates RMT with a GF Score™ of 40/100 and a GF Value™ of $10.44 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,405 Asset Management companies, Royce Micro-Cap Trust ranks worse than 56.37% 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, Royce Micro-Cap Trust's share price is $14.38.
Royce Micro-Cap Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $1.67. Hence, Royce Micro-Cap Trust's PS Ratio for today is 8.60.
Warning Sign:
Royce Micro-Cap Trust Inc stock PS Ratio (=8.75) is close to 3-year high of 8.75.
The historical rank and industry rank for Royce Micro-Cap Trust's PS Ratio or its related term are showing as below:
RMT'
s PS Ratio Range Over the Past 10 Years
Min: 2.64 Med: 6.25 Max: 21.72
Current: 8.6
During the past 9 years, Royce Micro-Cap Trust's highest PS Ratio was 21.72. The lowest was 2.64. And the median was 6.25.
RMT's PS Ratio is ranked worse than 56.37% of 1405
companies
in the Asset Management industry
Industry Median: 7.36
vs RMT: 8.60
During the past 9 years, Royce Micro-Cap Trust's highest 3-Year average Revenue per Share Growth Rate was 38.30% per year. The lowest was -29.00% per year. And the median was -15.50% per year.
Back to Basics: PS Ratio
Royce Micro-Cap Trust (NYSE:RMT) 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.
* 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.
For the Asset Management subindustry, Royce Micro-Cap Trust'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.
Royce Micro-Cap Trust PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Royce Micro-Cap Trust's PS Ratio distribution charts can be found below:
* The bar in red indicates where Royce Micro-Cap Trust's PS Ratio falls into.
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.
Royce Micro-Cap Trust's Share Price of today is $14.38.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Royce Micro-Cap Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $1.67.
* 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:
Royce Micro-Cap Trust (RMT) has a PS Ratio of 8.60 as of Jul. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Royce Micro-Cap Trust and its competitors. This is 38% above median its historical median of 6.25. Over the past decade, Royce Micro-Cap Trust's PS Ratio has ranged from 2.64 to 21.72. According to the industry distribution chart, Royce Micro-Cap Trust ranks #792 out of 1405 companies in the Asset Management industry, placing it in the top 56.4%.
Is Royce Micro-Cap Trust's PS Ratio too high?
Royce Micro-Cap Trust's current PS Ratio of 8.60 is 38% above median its 10-year median of 6.25. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 21.72. The Asset Management industry median PS Ratio is 7.36. Royce Micro-Cap Trust's value of 8.60 is 16.8% above this industry median. Based on the distribution chart, Royce Micro-Cap Trust ranks #792 out of 1405 companies in the Asset Management industry, which is below the industry midpoint. Overall, Royce Micro-Cap Trust has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royce Micro-Cap Trust's PS Ratio compare to GGN and CGBD?
According to the Asset Management industry distribution chart, Royce Micro-Cap Trust ranks #792 out of 1405 companies for PS Ratio. This places Royce Micro-Cap Trust in the lower half of its industry. The industry median PS Ratio is 7.36. Royce Micro-Cap Trust's value of 8.60 is 16.8% above this benchmark. Historically, Royce Micro-Cap Trust's own PS Ratio has ranged from 2.64 to 21.72 over the past decade. While the company's 10-year median is 6.25 vs. the industry median of 7.36, Royce Micro-Cap Trust 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 7.36, 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. Royce Micro-Cap Trust's current PS Ratio of 8.60 is 16.8% 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 Royce Micro-Cap Trust and its competitors. For the Asset Management industry, the median PS Ratio is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royce Micro-Cap Trust's current PS Ratio is 8.60, which is 38% above median its own 10-year median of 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royce Micro-Cap Trust stock overvalued right now?
Based on GuruFocus' analysis, Royce Micro-Cap Trust (RMT) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.44, compared to a current price of $14.38 — trading 37.7% above its estimated fair value. The current PS Ratio is 8.60, which is 38% above median its 10-year median of 6.25 and 16.8% above the Asset Management industry median of 7.36. Royce Micro-Cap Trust's overall GF Score™ is 40/100 with 8 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 Royce Micro-Cap Trust (RMT), the current PS Ratio is 8.60 as of Jul. 02, 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 Royce Micro-Cap Trust (RMT) Overvalued in 2026?
Based on GuruFocus' analysis, Royce Micro-Cap Trust stock appears to be overvalued.
The current stock price of $14.38 is trading 37.7% above its estimated GF Value™ of $10.44.
GuruFocus considers Royce Micro-Cap Trust to be Significantly Overvalued.
Key valuation signals for RMT:
PS Ratio: 8.60 (38% above median its 10-year median of 6.25)
GF Value™: $10.44 vs. price of $14.38 (37.7% above fair value)
Industry Position: 16.8% above the Asset Management median (#792 of 1405)
No single metric tells the full story. See the RMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royce Micro-Cap Trust Inc is a diversified closed-end investment company. The company is engaged in investing in micro-cap securities. It invests in the consumer discretionary sector, including diversified consumer services, hotels, household durables, leisure products, and luxury goods. Consumer staples sector, including beverages, food, and staples retailing, food products, and personal products, Energy sector, including energy equipment and services, and oil, gas, and consumable fuels. The company also invests in other sectors, including healthcare, financials, industrials, IT, telecommunications, and materials.
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