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Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) PS Ratio : 5.02 (As of Apr. 29, 2024)


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What is Lazard Global Total Return & Fd 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, Lazard Global Total Return & Fd's share price is $15.56. Lazard Global Total Return & Fd's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.10. Hence, Lazard Global Total Return & Fd's PS Ratio for today is 5.02.

Warning Sign:

Lazard Global Total Return & Inc Fd Inc stock PS Ratio (=5.02) is close to 2-year high of 5.27

The historical rank and industry rank for Lazard Global Total Return & Fd's PS Ratio or its related term are showing as below:

LGI' s PS Ratio Range Over the Past 10 Years
Min: 2.48   Med: 4.09   Max: 7.77
Current: 5.02

During the past 7 years, Lazard Global Total Return & Fd's highest PS Ratio was 7.77. The lowest was 2.48. And the median was 4.09.

LGI's PS Ratio is ranked better than
69.81% of 1411 companies
in the Asset Management industry
Industry Median: 8.26 vs LGI: 5.02

Lazard Global Total Return & Fd's Revenue per Sharefor the six months ended in Dec. 2023 was $0.95. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.10.

During the past 3 years, the average Revenue per Share Growth Rate was 2.90% per year.

During the past 7 years, Lazard Global Total Return & Fd's highest 3-Year average Revenue per Share Growth Rate was 2.90% per year. The lowest was -17.80% per year. And the median was -7.45% per year.

Back to Basics: PS Ratio


Lazard Global Total Return & Fd PS Ratio Historical Data

The historical data trend for Lazard Global Total Return & Fd'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.

Lazard Global Total Return & Fd PS Ratio Chart

Lazard Global Total Return & Fd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 3.98 6.26 5.51 - 4.94

Lazard Global Total Return & Fd 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 5.51 - - - 4.94

Competitive Comparison of Lazard Global Total Return & Fd's PS Ratio

For the Asset Management subindustry, Lazard Global Total Return & Fd'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.


Lazard Global Total Return & Fd's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lazard Global Total Return & Fd's PS Ratio distribution charts can be found below:

* The bar in red indicates where Lazard Global Total Return & Fd's PS Ratio falls into.



Lazard Global Total Return & Fd 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.

Lazard Global Total Return & Fd's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=15.56/3.1
=5.02

Lazard Global Total Return & Fd's Share Price of today is $15.56.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Lazard Global Total Return & Fd's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.10.

* 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.


Lazard Global Total Return & Fd  (NYSE:LGI) 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.


Lazard Global Total Return & Fd PS Ratio Related Terms

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Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Business Description

Traded in Other Exchanges
N/A
Address
30 Rockefeller Plaza, 57th Floor, New York, NY, USA, 10112
Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investment consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt, and others.
Executives
Christopher Snively officer: Chief Financial Officer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Evan L Russo director C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Nargis Hilal officer: Chief Compliance Officer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Andrew Lacey other: Deputy Chairman of LAM (1)
Christina M. Kennedy officer: Assistant Treasurer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Jessica A Falzone officer: Assistant Secretary C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
William B Rosenberg other: See comment* C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Ronald Temple other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Shari L. Soloway officer: Assistant Secretary C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Mark Richard Anderson officer: Chief Compliance Officer C/O LAZARD MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Franci J Blassberg director C/O DEBEVOISE & PLIMPTON LLP, 919 THIRD AVENUE, NEW YORK NY 10022
Tamar Goldstein officer: Interim CCO & Asst. Secy(1) 30 ROCKEFELLER PLAZA, NEW YORK NY 10112-6300
Trevor William Morrison director 40 WASHINGTON SQUARE SOUTH, 406D, NEW YORK NY 10012
Barnaby Wilson other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Louis Florentin-lee other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112

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