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Nuveen Credit Strategiesome Fund PS Ratio

: 20.74 (As of Today)
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As of today, Nuveen Credit Strategiesome Fund's share price is $6.14. Nuveen Credit Strategiesome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2020 was $0.30. Hence, Nuveen Credit Strategiesome Fund's P/S Ratio for today is 20.74.

NYSE:JQC' s PS Ratio Range Over the Past 10 Years
Min: 9.49   Med: 23.46   Max: 26.93
Current: 9.49

9.49
26.93

During the past 3 years, Nuveen Credit Strategiesome Fund's highest P/S Ratio was 26.93. The lowest was 9.49. And the median was 23.46.

NYSE:JQC's PS Ratio is ranked lower than
57% of the 1146 Companies
in the Asset Management industry.

( Industry Median: 7.84 vs. NYSE:JQC: 9.49 )

Nuveen Credit Strategiesome Fund's Revenue per Sharefor the six months ended in Jan. 2020 was $0.23. Its Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2020 was $0.30.

Warning Sign:

Nuveen Credit Strategies Income Fund revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Nuveen Credit Strategiesome Fund was -9.50% per year.

Back to Basics: P/S Ratio


Nuveen Credit Strategiesome 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 Credit Strategiesome Fund Annual Data
Jul17 Jul18 Jul19
PS Ratio 0.00 24.13 25.95

Nuveen Credit Strategiesome Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20
PS Ratio Premium Member Only 0.00 24.13 0.00 25.95 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 Credit Strategiesome Fund PS Ratio Distribution

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



Nuveen Credit Strategiesome Fund PS Ratio Calculation

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

Nuveen Credit Strategiesome Fund's P/S Ratio for today is calculated as

P/S Ratio=Share Price/Revenue per Share (TTM)
=6.14/0.296
=20.74

Nuveen Credit Strategiesome Fund's Share Price of today is $6.14.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Credit Strategiesome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2020 was $0.30.

* 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 Credit Strategiesome Fund  (NYSE:JQC) 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 Credit Strategiesome Fund PS Ratio Related Terms


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