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First Trust Energy Income & Growth Fund  (AMEX:FEN) PS Ratio: 10.01 (As of Today)

As of today, First Trust Energy Income & Growth Fund's share price is $22.19. First Trust Energy Income & Growth Fund's Revenue per Share for the trailing twelve months (TTM) ended in May. 2017 was $2.22. Hence, First Trust Energy Income & Growth Fund's P/S Ratio for today is 10.01.

AMEX:FEN' s PS Ratio Range Over the Past 10 Years
Min: 2.29   Max: 12.47
Current: 9.99

2.29
12.47

During the past 7 years, First Trust Energy Income & Growth Fund's highest P/S Ratio was 12.47. The lowest was 2.29. And the median was 6.01.

AMEX:FEN's PS Ratio is ranked lower than
72% of the 1312 Companies
in the Global industry.

( Industry Median: 5.77 vs. AMEX:FEN: 9.99 )

First Trust Energy Income & Growth Fund's Revenue per Sharefor the six months ended in May. 2017 was $0.83. Its Revenue per Share for the trailing twelve months (TTM) ended in May. 2017 was $2.22.

Warning Sign:

First Trust Energy Income & Growth Fund 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 -26.70% per year.

During the past 7 years, First Trust Energy Income & Growth Fund's highest 3-Year average Revenue per Share Growth Rate was 36.20% per year. The lowest was -26.70% per year. And the median was -2.70% per year.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

First Trust Energy Income & Growth Fund Annual Data

Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
PS Ratio Premium Member Only Premium Member Only 8.01 5.74 4.42 0.00 11.86

First Trust Energy Income & Growth Fund Semi-Annual Data

May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17
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 0.00 0.00 0.00 11.86 0.00

Competitive Comparison
* 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.


Calculation

The P/S Ratio is another ratio widely used to value stocks. It was first used by Ken Fisher.

First Trust Energy Income & Growth Fund's P/S Ratio for today is calculated as

P/S Ratio=Share Price/Revenue per Share (TTM)
=22.19/2.217
=10.01

First Trust Energy Income & Growth Fund's Share Price of today is $22.19.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Energy Income & Growth Fund's Revenue per Share for the trailing twelve months (TTM) ended in May. 2017 was $2.22.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:


The revenue here is for the trailing 12 months.


Explanation

The P/S 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 P/S ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The P/S ratio is a great valuation tool for evaluating cyclical businesses where the P/E 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 P/S 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 Price/Earnings ratio and Price/Cash Flow or Price/Free Cash Flow, the P/E ratio measures the valuation based on the earning power of the company. This is where it is different from Price/Book ratio, which measures the valuation based on the company's balance sheet.


Be Aware

The P/S 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.


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