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Nuveen Floating Rateome Fund PS Ratio

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As of today, Nuveen Floating Rateome Fund's share price is $8.12. Nuveen Floating Rateome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2020 was $-0.93. Hence, Nuveen Floating Rateome Fund's P/S Ratio for today is .

During the past 4 years, Nuveen Floating Rateome Fund's highest P/S Ratio was 45.00. The lowest was 0.00. And the median was 17.42.

Nuveen Floating Rateome Fund's Revenue per Sharefor the six months ended in Jul. 2020 was $-1.21. Its Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2020 was $-0.93.

During the past 12 months, the average Revenue per Share Growth Rate of Nuveen Floating Rateome Fund was -503.90% per year.

Back to Basics: P/S Ratio


Nuveen Floating Rateome Fund PS Ratio 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.

Nuveen Floating Rateome Fund Annual Data
Jul17 Jul18 Jul19 Jul20
PS Ratio 9.82 17.94 42.43 0.00

Nuveen Floating Rateome Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20
PS Ratio Premium Member Only Premium Member Only 17.94 0.00 42.43 0.00 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.


Nuveen Floating Rateome Fund PS Ratio Distribution

* The bar in red indicates where Nuveen Floating Rateome Fund's PS Ratio falls into.



Nuveen Floating Rateome Fund PS Ratio Calculation

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

Nuveen Floating Rateome Fund's P/S Ratio for today is calculated as

P/S Ratio=Share Price/Revenue per Share (TTM)
=8.12/-0.929
=

Nuveen Floating Rateome Fund's Share Price of today is $8.12.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Floating Rateome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Jul. 2020 was $-0.93.

* 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:

P/E Ratio=Market Cap/Revenue

The revenue here is for the trailing 12 months.


Nuveen Floating Rateome Fund  (NYSE:JFR) PS Ratio 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.


Nuveen Floating Rateome Fund PS Ratio Related Terms


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