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, BlackRock Multi-Sectorome Trust's share price is $15.33.
BlackRock Multi-Sectorome Trust's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.62. Hence, BlackRock Multi-Sectorome Trust's PS Ratio for today is 24.85.
The historical rank and industry rank for BlackRock Multi-Sectorome Trust's PS Ratio or its related term are showing as below:
BIT'
s PS Ratio Range Over the Past 10 Years
Min: 5.54 Med: 9.23 Max: 63.76
Current: 24.85
During the past 6 years, BlackRock Multi-Sectorome Trust's highest PS Ratio was 63.76. The lowest was 5.54. And the median was 9.23.
BIT's PS Ratio is ranked worse than 80.24% of 1422
companies
in the Asset Management industry
Industry Median: 8.645
vs BIT: 24.85
BlackRock Multi-Sector Income Trust 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 -179.00% per year.
During the past 6 years, BlackRock Multi-Sectorome Trust's highest 3-Year average Revenue per Share Growth Rate was 88.30% per year. The lowest was -179.00% per year. And the median was -13.90% per year.
Back to Basics: PS Ratio
BlackRock Multi-Sectorome Trust PS Ratio Historical Data
* 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.
Competitive Comparison of BlackRock Multi-Sectorome Trust's PS Ratio
For the Asset Management subindustry, BlackRock Multi-Sectorome 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.
BlackRock Multi-Sectorome Trust's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock Multi-Sectorome Trust's PS Ratio distribution charts can be found below:
* The bar in red indicates where BlackRock Multi-Sectorome Trust's PS Ratio falls into.
BlackRock Multi-Sectorome 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.
BlackRock Multi-Sectorome Trust's Share Price of today is $15.33.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BlackRock Multi-Sectorome Trust's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.62.
* 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:
BlackRock Multi-Sectorome Trust (NYSE:BIT) 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.
BlackRock Multi-Sectorome Trust PS Ratio Related Terms
Thank you for viewing the detailed overview of BlackRock Multi-Sectorome Trust's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackRock Multi-Sectorome Trust (BlackRock Multi-Sectorome Trust) Business Description
BlackRock Multi-Sector Income Trust is a closed-end investment management company. It invests on behalf of its clients. The fund's primary investment objective is to provide a high level of current income, with a secondary objective of capital appreciation. The company seeks to achieve its investment objectives by investing, under normal market conditions, a majority of its assets in loan and debt instruments and other investments with similar economic characteristics. Its portfolio consists of Corporate Bonds, Asset-Backed Securities, Preferred Securities and others.
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