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Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) PS Ratio

: 34.77 (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, Blackrock Municipal 2030 Target Term Trust's share price is $20.48. Blackrock Municipal 2030 Target Term Trust's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $0.59. Hence, Blackrock Municipal 2030 Target Term Trust's PS Ratio for today is 34.77.

The historical rank and industry rank for Blackrock Municipal 2030 Target Term Trust's PS Ratio or its related term are showing as below:

BTT' s PS Ratio Range Over the Past 10 Years
Min: 7.44   Med: 16.69   Max: 35.62
Current: 34.68

During the past 7 years, Blackrock Municipal 2030 Target Term Trust's highest PS Ratio was 35.62. The lowest was 7.44. And the median was 16.69.

BTT's PS Ratio is ranked worse than
85.46% of 1410 companies
in the Asset Management industry
Industry Median: 8.28 vs BTT: 34.68

Blackrock Municipal 2030 Target Term Trust's Revenue per Sharefor the six months ended in Jan. 2024 was $0.70. Its Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $0.59.

During the past 7 years, Blackrock Municipal 2030 Target Term Trust's highest 3-Year average Revenue per Share Growth Rate was 39.40% per year. The lowest was 39.40% per year. And the median was 39.40% per year.

Back to Basics: PS Ratio


Blackrock Municipal 2030 Target Term Trust PS Ratio Historical Data

The historical data trend for Blackrock Municipal 2030 Target Term 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.

* Premium members only.

Blackrock Municipal 2030 Target Term Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PS Ratio
Premium Member Only Premium Member Only 8.56 16.83 14.84 - -

Blackrock Municipal 2030 Target Term Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - - - - -

Competitive Comparison

For the Asset Management subindustry, Blackrock Municipal 2030 Target Term 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 Municipal 2030 Target Term Trust PS Ratio Distribution

For the Asset Management industry and Financial Services sector, Blackrock Municipal 2030 Target Term Trust's PS Ratio distribution charts can be found below:

* The bar in red indicates where Blackrock Municipal 2030 Target Term Trust's PS Ratio falls into.



Blackrock Municipal 2030 Target Term 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 Municipal 2030 Target Term Trust's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=20.48/0.589
=34.77

Blackrock Municipal 2030 Target Term Trust's Share Price of today is $20.48.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Blackrock Municipal 2030 Target Term Trust's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $0.59.

* 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.


Blackrock Municipal 2030 Target Term Trust  (NYSE:BTT) 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.


Blackrock Municipal 2030 Target Term Trust PS Ratio Related Terms

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Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal 2030 Target Term Trust is the United States based closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax and to return $25.00 per common share to holders of common shares. The trust seeks to achieve its investment objectives by investing a majority of its assets in municipal bonds exempt from U.S. federal income taxes.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) Headlines