>
Switch to:

Western Asset Global High Fd PS Ratio

: 3.46 (As of Today)
View and export this data going back to . Start your Free Trial

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 $9.18. Western Asset Global High Fd's Revenue per Share for the trailing twelve months (TTM) ended in May. 2021 was $2.65. Hence, Western Asset Global High Fd's PS Ratio for today is 3.46.

Good Sign:

Western Asset Global High Inc Fd Inc stock PS Ratio (=3.57) is close to 5-year low of 3.57

The historical rank and industry rank for Western Asset Global High Fd's PS Ratio or its related term are showing as below:

NYSE:EHI' s PS Ratio Range Over the Past 10 Years
Min: 3.41   Med: 173.4   Max: 975.45
Current: 3.48

3.41
975.45

During the past 4 years, Western Asset Global High Fd's highest PS Ratio was 975.45. The lowest was 3.41. And the median was 173.40.

NYSE:EHI's PS Ratio is ranked higher than
62% of the 1685 Companies
in the Asset Management industry.

( Industry Median: 4.79 vs. NYSE:EHI: 3.48 )

Western Asset Global High Fd's Revenue per Sharefor the six months ended in May. 2021 was $0.48. Its Revenue per Share for the trailing twelve months (TTM) ended in May. 2021 was $2.65.

During the past 12 months, the average Revenue per Share Growth Rate of Western Asset Global High Fd was 24027.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 275.80% per year.

During the past 4 years, Western Asset Global High Fd's highest 3-Year average Revenue per Share Growth Rate was 275.80% per year. The lowest was 275.80% per year. And the median was 275.80% 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 13.86 824.55 3.92

Western Asset Global High Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21
PS Ratio Premium Member Only Premium Member Only Premium Member Only 13.86 - 824.55 - 3.92

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

PS Ratio=Share Price/Revenue per Share (TTM)
=9.18/2.654
=3.46

Western Asset Global High Fd's Share Price of today is $9.18.
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 May. 2021 was $2.65.

* 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.


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.

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.


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 Fd Business Description

Western Asset Global High Fd logo
Industry
Financial Services » Asset Management NAICS : 523930 SIC : 6282
Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 49th Floor, New York, NY, USA, 10018
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.
Executives
Fergerson Laura F other: Manager/Investment Manager 3310 QUALITY DRIVE 2ND FLOOR RANCHO CORDOVA CA 95670
Eakes Brian other: Manager/Investment Manager 100 INTERNATIONAL DRIVE BALTIMORE MD 21202
Hoyt George P. officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON 100 FIRST STAMFORD PLACE STAMFORD CT 06902
Nicholls Matthew other: Director of Sub-Adviser ONE FRANKLIN PARKWAY SAN MATEO CA 94403
Bolt Jennifer J other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC. ONE FRANKLIN PARKWAY SAN MATEO CA 94403-1906
Plafker Jed A. other: Director of Sub-Adviser ONE FRANKLIN PARKWAY SAN MATEO CA 94403
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE 58TH FLOOR NEW YORK NY 10174
Weinstein Boaz 10 percent owner 405 LEXINGTON AVENUE 58TH FLOOR NEW YORK NY 10174
Jensen Fred Steven officer: Chief Compliance Officer LEGG MASON 620 EIGHTH AVENUE, 49TH FLOOR NEW YORK NY 10018
Cronin Daniel P director 235 EAST 42ND ST NEW YORK NY 10017
Hutchinson William R director 535 N MICHIGAN STE 1012 CHICAGO IL 60611
Berarducci Christopher officer: Treas/Principal Finan Officer LEGG MASON 620 EIGHTH AVENUE NEW YORK NY 10018
Kumar Nisha director 1735 MARKET STREET 32ND FLOOR PHILADELPHIA PA 19103
Berg Jennifer S officer: Treasurer 100 INTERNATIONAL DRIVE 7TH FLOOR BALTIMORE MD 21202
Kuehl Todd F officer: Chief Compliance Officer 1555 PEACHTREE STREET NE ATLANTA 2Q 30309
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)