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Blackstone Senior Floating Rate Term Fund (Blackstone Senior Floating Rate Term Fund) PS Ratio : 6.64 (As of Apr. 24, 2024)


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What is Blackstone Senior Floating Rate Term 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, Blackstone Senior Floating Rate Term Fund's share price is $14.294. Blackstone Senior Floating Rate Term Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.15. Hence, Blackstone Senior Floating Rate Term Fund's PS Ratio for today is 6.64.

Good Sign:

Blackstone Senior Floating Rate Term Fund stock PS Ratio (=6.62) is close to 5-year low of 6.15

The historical rank and industry rank for Blackstone Senior Floating Rate Term Fund's PS Ratio or its related term are showing as below:

BSL' s PS Ratio Range Over the Past 10 Years
Min: 5.92   Med: 14.51   Max: 55.23
Current: 6.68

During the past 8 years, Blackstone Senior Floating Rate Term Fund's highest PS Ratio was 55.23. The lowest was 5.92. And the median was 14.51.

BSL's PS Ratio is ranked better than
59.07% of 1412 companies
in the Asset Management industry
Industry Median: 8.26 vs BSL: 6.68

Blackstone Senior Floating Rate Term Fund's Revenue per Sharefor the six months ended in Dec. 2023 was $1.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.15.

During the past 3 years, the average Revenue per Share Growth Rate was 91.90% per year.

During the past 8 years, Blackstone Senior Floating Rate Term Fund's highest 3-Year average Revenue per Share Growth Rate was 91.90% per year. The lowest was -37.00% per year. And the median was 14.90% per year.

Back to Basics: PS Ratio


Blackstone Senior Floating Rate Term Fund PS Ratio Historical Data

The historical data trend for Blackstone Senior Floating Rate Term 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.

Blackstone Senior Floating Rate Term Fund PS Ratio Chart

Blackstone Senior Floating Rate Term Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial 12.12 46.47 12.33 - 6.17

Blackstone Senior Floating Rate Term Fund Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 12.33 - - - 6.17

Competitive Comparison of Blackstone Senior Floating Rate Term Fund's PS Ratio

For the Asset Management subindustry, Blackstone Senior Floating Rate Term 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.


Blackstone Senior Floating Rate Term Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Senior Floating Rate Term Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Blackstone Senior Floating Rate Term Fund's PS Ratio falls into.



Blackstone Senior Floating Rate Term 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.

Blackstone Senior Floating Rate Term Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=14.294/2.154
=6.64

Blackstone Senior Floating Rate Term Fund's Share Price of today is $14.294.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Blackstone Senior Floating Rate Term Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.15.

* 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.


Blackstone Senior Floating Rate Term Fund  (NYSE:BSL) 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.


Blackstone Senior Floating Rate Term Fund PS Ratio Related Terms

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Blackstone Senior Floating Rate Term Fund (Blackstone Senior Floating Rate Term Fund) Business Description

Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Senior Floating Rate Term Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. It also invests in second-lien loans and high yield bonds and employs financial leverage, which may increase the risk to the Fund.
Executives
Thomas W Jasper other: Trustee C/O PRIMUS ASSET MANAGEMENT, INC., 360 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10017
Gordon Mckemie other: Portfolio Manager C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
William J Renahan officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Valerie Naratil officer: Public Relations Officer 345 PARK AVENUE, NEW YORK NY 10154
Gregory Roppa officer: CFO & Treasurer 601 LEXINGTON AVENUE, NEW YORK NY 10022
Jane Siebels director 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Robert Post other: Portfolio Manager C/O GSO/BLACKSTONE DEBT FUNDS MGMT, LLC, 345 PARK AVE 31ST FLOOR, NEW YORK NY 10154
Robert W Busch officer: CFO & Treasurer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Robert Zable officer: See Remarks, other: See Remarks 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Dohyun (doris) Lee-silvestri officer: Chief Financial Officer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Jane Lee other: Mng Dir.of Investment Advisor 1290 BROADWAY, SUITE 1100 CO 80203
Smith Daniel Harlan Jr. officer: CEO, President, other: Trustee, Chairman 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Marisa Janel Beeney officer: CCO, Chief Legal Officer,Sec. 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Gary S Schpero other: Trustee 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Lee Michael Shaiman officer: Exec. VP, Assistant Secretary C/O INVESTCORP CREDIT MANAGEMENT BDC INC, 280 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10017

Blackstone Senior Floating Rate Term Fund (Blackstone Senior Floating Rate Term Fund) Headlines