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, Western Asset Global High Fd's share price is $7.33.
Western Asset Global High Fd's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2021 was $0.40. Hence, Western Asset Global High Fd's PS Ratio for today is 18.56.
Good Sign:
Western Asset Global High Inc Fd Inc stock PS Ratio (=2.79) is close to 5-year low of 2.79
The historical rank and industry rank for Western Asset Global High Fd's PS Ratio or its related term are showing as below:
EHI'
s PS Ratio Range Over the Past 10 Years
Min: 2.79 Med: 14.82 Max: 975.45
Current: 18.54
During the past 4 years, Western Asset Global High Fd's highest PS Ratio was 975.45. The lowest was 2.79. And the median was 14.82.
EHI's PS Ratio is ranked worse than 84.57% of 1633
companies
in the Asset Management industry
Industry Median: 5.02
vs EHI: 18.54
Western Asset Global High Fd's Revenue per Sharefor the
six
months ended in Nov. 2021 was $-0.09.
Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2021 was $0.40.
During the past 12 months, the average Revenue per Share Growth Rate of Western Asset Global High Fd was 24081.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 276.10% per year.
During the past 4 years, Western Asset Global High Fd's highest 3-Year average Revenue per Share Growth Rate was 276.10% per year. The lowest was 276.10% per year. And the median was 276.10% per year.
Back to Basics: PS Ratio
Western Asset Global High Fd PS Ratio Historical Data
The historical data trend for Western Asset Global High 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.
Western Asset Global High Fd Annual Data
Trend
May18
May19
May20
May21
PS Ratio
183.60
13.78
824.55
3.91
Western Asset Global High Fd Semi-Annual Data
Nov17
May18
Nov18
May19
Nov19
May20
Nov20
May21
Nov21
PS Ratio
-
824.55
-
3.91
-
Competitive Comparison
For the Asset Management subindustry, Western Asset Global High 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.
Western Asset Global High Fd PS Ratio Distribution
For the Asset Management industry and Financial Services sector, Western Asset Global High Fd's PS Ratio distribution charts can be found below:
* The bar in red indicates where Western Asset Global High Fd's PS Ratio falls into.
Western Asset Global High 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.
Western Asset Global High Fd's PS Ratio for today is calculated as
Western Asset Global High Fd's Share Price of today is $7.33.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Asset Global High Fd's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2021 was $0.40.
* 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:
Western Asset Global High Fd (NYSE:EHI) 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.
Western Asset Global High Fd PS Ratio Related Terms
Thank you for viewing the detailed overview of Western Asset Global High Fd's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Western Asset Global High Inc Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is high current income and total return by investing in a global portfolio of securities. The fund invests in various sectors such as Consumer Discretionary, Energy, Healthcare, Industrials, materials, and others.
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