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Delaware Investments Natl Muniome PS Ratio

: 7.51 (As of Today)
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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 $13.25. Delaware Investments Natl Muniome's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2021 was $1.76. Hence, Delaware Investments Natl Muniome's PS Ratio for today is 7.51.

Good Sign:

Delaware Investments Natl Muni Income stock PS Ratio (=7.51) is close to 5-year low of 7.33

The historical rank and industry rank for Delaware Investments Natl Muniome's PS Ratio or its related term are showing as below:

AMEX:VFL' s PS Ratio Range Over the Past 10 Years
Min: 6.27   Med: 15.75   Max: 569.58
Current: 9.4

6.27
569.58

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 15.75.

AMEX:VFL's PS Ratio is ranked lower than
72% of the 1686 Companies
in the Asset Management industry.

( Industry Median: 4.80 vs. AMEX:VFL: 9.40 )

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 $1.76.

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
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 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

PS Ratio=Share Price/Revenue per Share (TTM)
=13.25/1.764
=7.51

Delaware Investments Natl Muniome's Share Price of today is $13.25.
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 $1.76.

* 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.


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.

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.


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 Muniome logo
Industry
Financial Services » Asset Management NAICS : 523920 SIC : 6799
Traded in Other Exchanges
N/A
Address
610 Market Street, Philadelphia, PA, USA, 19106
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.
Executives
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE SIOUX FALLS SD 57104
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET NEW YORK NY 10003
Toronto Dominion Bank 10 percent owner 66 WELLINGTON STREET WEST 15TH FLOOR, TD TOWER TORONTO, ONTARIO A6 M5K 1A2
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN SUITE 1950 HOUSTON TX 77010
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE WILMINGTON DE 19808
Van Roden Jake officer: SVP/Portfolio Manager 2005 MARKET STREET PHILADELPHIA PA 19103
Wood Christianna director 330 OLD Y ROAD GOLDEN CO 80401
Abernathy Jerome director 2005 MARKET STREET PHILADELPHIA PA 19103
Lytle Shawn director, officer: Trustee C/O DELAWARE INVESTMENTS 2005 MARKET STREET PHILADELPHIA PA 19103
Borowiec Ann Dully director, officer: Board Member C/O DELAWARE INVESTMENTS 2005 MARKET STREET PHILADELPHIA PA 19103
Chow Joseph W director STATE STREET CORP 225 FRANKLIN ST BOSTON MA 02110
Whitford Thomas K director 249 FIFTH AVE P1-POPP-30-1 PITTSBURGH PA 15222
Gizzi Gregory A. officer: VP/Portfolio Manager C/O DELAWARE INVESTMENTS 2005 MARKET STREET PHILADELPHIA PA 19103
Sevilla-sacasa Frances Aldrich director 3 GREENWAY PLAZA SUITE 1300 HOUSTON TX 77046
Zecher Richard director 2 SUTTON PLACE SOUTH, 19A NEW YORK NY 10022

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