VKQ (Invesco Municipal Trust) PS Ratio: 37.96 (As of Jul. 26, 2026) — 55% Above Median

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VKQ Invesco Municipal Trust VKQ
33 GF Score
Price $9.68
! 9 Warning Signs
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What is Invesco Municipal Trust PS Ratio?

Invesco Municipal Trust VKQ 33 PS Ratio is 37.96 as of Jul. 26, 2026, which is 55% above its 10-year median of 24.50. GuruFocus rates VKQ with a GF Score™ of 33/100. The stock has 9 warning signs investors should review. Among 1,414 Asset Management companies, Invesco Municipal Trust ranks worse than 88.4% 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, Invesco Municipal Trust's share price is $9.68. Invesco Municipal Trust's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $0.26. Hence, Invesco Municipal Trust's PS Ratio for today is 37.96.

Warning Sign:

Invesco Municipal Trust stock PS Ratio (=31.53) is close to 3-year high of 32.8.

The historical rank and industry rank for Invesco Municipal Trust's PS Ratio or its related term are showing as below:

VKQ' s PS Ratio Range Over the Past 10 Years
Min: 6.17   Med: 24.5   Max: 111.1
Current: 37.96

During the past 9 years, Invesco Municipal Trust's highest PS Ratio was 111.10. The lowest was 6.17. And the median was 24.50.

VKQ's PS Ratio is ranked worse than
88.4% of 1414 companies
in the Asset Management industry
Industry Median: 7.165 vs VKQ: 37.96

Invesco Municipal Trust's Revenue per Sharefor the six months ended in Feb. 2026 was $0.90. Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was $0.26.

Warning Sign:

Invesco Municipal Trust revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Invesco Municipal Trust was -17.70% per year.

During the past 9 years, Invesco Municipal Trust's highest 3-Year average Revenue per Share Growth Rate was 89.00% per year. The lowest was -36.40% per year. And the median was 26.30% per year.

Back to Basics: PS Ratio


Invesco Municipal Trust  (NYSE:VKQ) 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.


Invesco Municipal Trust PS Ratio Related Terms


Invesco Municipal Trust PS Ratio Historical Data

* Premium members only.

The historical data trend for Invesco Municipal Trust'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.

Invesco Municipal Trust PS Ratio Chart

Invesco Municipal Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PS Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 11.18 27.00 32.28

Invesco Municipal Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 Premium Member Only 11.18 0.00 27.00 0.00 32.28

VKQ vs ETJ, NML, BME: PS Ratio Comparison

For the Asset Management subindustry, Invesco Municipal 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.


Invesco Municipal Trust PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Municipal Trust's PS Ratio distribution charts can be found below:

* The bar in red indicates where Invesco Municipal Trust's PS Ratio falls into.


VKQ
33GF Score
Invesco Municipal Trust VKQ
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Invesco Municipal Trust 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.

Invesco Municipal Trust's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=9.68/0.255
=37.96

Invesco Municipal Trust's Share Price of today is $9.68.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Invesco Municipal Trust's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 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 37.96 mean?
Invesco Municipal Trust (VKQ) has a PS Ratio of 37.96 as of Jul. 26, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Invesco Municipal Trust and its competitors. This is 55% above median its historical median of 24.50. Over the past decade, Invesco Municipal Trust's PS Ratio has ranged from 6.17 to 111.10. According to the industry distribution chart, Invesco Municipal Trust ranks #1250 out of 1414 companies in the Asset Management industry, placing it in the top 88.4%.
Is Invesco Municipal Trust's PS Ratio too high?
Invesco Municipal Trust's current PS Ratio of 37.96 is 55% above median its 10-year median of 24.50. Over the past 10 years, this metric has ranged from a low of 6.17 to a high of 111.10. The Asset Management industry median PS Ratio is 7.17. Invesco Municipal Trust's value of 37.96 is 429.8% above this industry median. Based on the distribution chart, Invesco Municipal Trust ranks #1250 out of 1414 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Invesco Municipal Trust has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Invesco Municipal Trust's PS Ratio compare to ETJ and NML?
According to the Asset Management industry distribution chart, Invesco Municipal Trust ranks #1250 out of 1414 companies for PS Ratio. This places Invesco Municipal Trust in the lower half of its industry. The industry median PS Ratio is 7.17. Invesco Municipal Trust's value of 37.96 is 429.8% above this benchmark. Historically, Invesco Municipal Trust's own PS Ratio has ranged from 6.17 to 111.10 over the past decade. While the company's 10-year median is 24.50 vs. the industry median of 7.17, Invesco Municipal 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 7.17, 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. Invesco Municipal Trust's current PS Ratio of 37.96 is 429.8% 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 Invesco Municipal Trust 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. Invesco Municipal Trust's current PS Ratio is 37.96, which is 55% above median its own 10-year median of 24.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invesco Municipal Trust stock overvalued right now?
Invesco Municipal Trust (VKQ) has a current PS Ratio of 37.96. The current PS Ratio is 37.96, which is 55% above median its 10-year median of 24.50 and 429.8% above the Asset Management industry median of 7.17. Invesco Municipal Trust's overall GF Score™ is 33/100 with 9 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 Invesco Municipal Trust (VKQ), the current PS Ratio is 37.96 as of Jul. 26, 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.

Invesco Municipal Trust Business Description

Address 1555 Peachtree Street, North East, Suite 1800, Atlanta, GA, USA, 30309
Invesco Municipal Trust is a diversified, closed-end management investment company. The company's investment objective is to provide a high level of current income exempt from federal income tax, consistent with the preservation of capital.
33GF Score

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$9.68
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