GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Liberty All Star Growth Fund Inc (NYSE:ASG) » Definitions » PS Ratio

Liberty All Star Growth Fund (Liberty All Star Growth Fund) PS Ratio : 5.29 (As of Apr. 29, 2024)


View and export this data going back to . Start your Free Trial

What is Liberty All Star Growth Fund PS Ratio?

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, Liberty All Star Growth Fund's share price is $5.15. Liberty All Star Growth Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.97. Hence, Liberty All Star Growth Fund's PS Ratio for today is 5.29.

Warning Sign:

Liberty All Star Growth Fund Inc stock PS Ratio (=5.32) is close to 2-year high of 5.67

The historical rank and industry rank for Liberty All Star Growth Fund's PS Ratio or its related term are showing as below:

ASG' s PS Ratio Range Over the Past 10 Years
Min: 2.48   Med: 4.12   Max: 6.43
Current: 5.26

During the past 7 years, Liberty All Star Growth Fund's highest PS Ratio was 6.43. The lowest was 2.48. And the median was 4.12.

ASG's PS Ratio is ranked better than
68.27% of 1412 companies
in the Asset Management industry
Industry Median: 8.46 vs ASG: 5.26

Liberty All Star Growth Fund's Revenue per Sharefor the six months ended in Dec. 2023 was $0.30. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.97.

Warning Sign:

Liberty All Star Growth Fund Inc revenue per share has been in decline over the past 3 years.

During the past 3 years, the average Revenue per Share Growth Rate was -27.00% per year.

During the past 7 years, Liberty All Star Growth Fund's highest 3-Year average Revenue per Share Growth Rate was 27.70% per year. The lowest was -27.00% per year. And the median was 0.35% per year.

Back to Basics: PS Ratio


Liberty All Star Growth Fund PS Ratio Historical Data

The historical data trend for Liberty All Star Growth Fund'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.

Liberty All Star Growth Fund PS Ratio Chart

Liberty All Star Growth Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 3.75 3.30 6.43 - 5.45

Liberty All Star Growth Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.43 - - - 5.45

Competitive Comparison of Liberty All Star Growth Fund's PS Ratio

For the Asset Management subindustry, Liberty All Star Growth Fund'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.


Liberty All Star Growth Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Liberty All Star Growth Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Liberty All Star Growth Fund's PS Ratio falls into.



Liberty All Star Growth Fund 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.

Liberty All Star Growth Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=5.15/0.974
=5.29

Liberty All Star Growth Fund's Share Price of today is $5.15.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Liberty All Star Growth Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.97.

* 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.


Liberty All Star Growth Fund  (NYSE:ASG) 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.


Liberty All Star Growth Fund PS Ratio Related Terms

Thank you for viewing the detailed overview of Liberty All Star Growth Fund's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Liberty All Star Growth Fund (Liberty All Star Growth Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1100, Denver, CO, USA, 80203
Liberty All Star Growth Fund Inc is the United States based diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment in a diversified portfolio of equity securities. The company portfolio of investments consists of different industries such as consumer discretionary, consumer staples, healthcare, industrial, information technology and others.
Executives
Mark T Haley officer: Vice President C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Robert Milas officer: Vice President of the Funds 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Milton M Irvin other: Trustee C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Edmund J Burke director 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Michelle Stallworth officer: ASSISTANT SECRETARY 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Tanya Tancheff officer: Assistant Treasurer 1290 BROADWAY 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Maureen K Usifer other: Trustee C/O BLACKROCK KELSO CAPITAL ADVISORS LLC, 40 EAST 52ND STREET, NEW YORK NY 10022
Parmentier William R Jr officer: President & CEO C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Thomas W Brock director 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Laton Spahr other: President of the Adviser 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Matthew Sutula other: Interim CCO 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Michael Sleightholme other: Officer of Investment Advisor 1290 BROADWAY, SUITE 1100, DENVER CO 80203
John J Neuhauser director C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203

Liberty All Star Growth Fund (Liberty All Star Growth Fund) Headlines