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, Delaware Investments Natl Muniome's share price is $11.28.
Delaware Investments Natl Muniome's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2021 was $1.41. Hence, Delaware Investments Natl Muniome's PS Ratio for today is 8.00.
Good Sign:
Delaware Investments Natl Muni Income stock PS Ratio (=6.45) is close to 10-year low of 6.27
The historical rank and industry rank for Delaware Investments Natl Muniome's PS Ratio or its related term are showing as below:
VFL'
s PS Ratio Range Over the Past 10 Years
Min: 6.27 Med: 8.41 Max: 569.58
Current: 8
During the past 11 years, Delaware Investments Natl Muniome's highest PS Ratio was 569.58. The lowest was 6.27. And the median was 8.41.
VFL's PS Ratio is ranked worse than 65.02% of 1641
companies
in the Asset Management industry
Industry Median: 5.00
vs VFL: 8.00
Delaware Investments Natl Muniome's Revenue per Sharefor the
six
months ended in Sep. 2021 was $0.60.
Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2021 was $1.41.
During the past 12 months, the average Revenue per Share Growth Rate of Delaware Investments Natl Muniome was 4800.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 36.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 14.50% per year.
During the past 11 years, Delaware Investments Natl Muniome's highest 3-Year average Revenue per Share Growth Rate was 36.80% per year. The lowest was -29.80% per year. And the median was -0.65% per year.
Back to Basics: PS Ratio
Delaware Investments Natl Muniome PS Ratio Historical Data
The historical data trend for Delaware Investments Natl Muniome'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.
Delaware Investments Natl Muniome Annual Data
Trend
Mar12
Mar13
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
PS Ratio
539.17
18.32
16.59
340.00
7.44
Delaware Investments Natl Muniome Semi-Annual Data
Mar12
Sep12
Mar13
Sep13
Mar14
Sep14
Mar15
Sep15
Mar16
Sep16
Mar17
Sep17
Mar18
Sep18
Mar19
Sep19
Mar20
Sep20
Mar21
Sep21
PS Ratio
-
340.00
-
7.44
-
Competitive Comparison
For the Asset Management subindustry, Delaware Investments Natl Muniome'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.
Delaware Investments Natl Muniome PS Ratio Distribution
For the Asset Management industry and Financial Services sector, Delaware Investments Natl Muniome's PS Ratio distribution charts can be found below:
* The bar in red indicates where Delaware Investments Natl Muniome's PS Ratio falls into.
Delaware Investments Natl Muniome 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.
Delaware Investments Natl Muniome's PS Ratio for today is calculated as
Delaware Investments Natl Muniome's Share Price of today is $11.28.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Delaware Investments Natl Muniome's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2021 was $1.41.
* 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:
Delaware Investments Natl Muniome (AMEX:VFL) 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.
Delaware Investments Natl Muniome PS Ratio Related Terms
Thank you for viewing the detailed overview of Delaware Investments Natl Muniome's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Delaware Investments Natl Muniome Business Description
Delaware Investments Natl Muni Income is a closed-end investment fund. The Fund seeks to provide current income exempt from regular federal income tax consistent with the preservation of capital.
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