Market Cap : 2.35 B | Enterprise Value : 2.35 B | PE Ratio : 192.33 | PB Ratio : 1.04 |
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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, Nuveen Municipal Creditome Fund's share price is $16.540000. Nuveen Municipal Creditome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2020 was $0.10. Hence, Nuveen Municipal Creditome Fund's PS Ratio for today is 162.16.
Warning Sign:
Nuveen Municipal Credit Income Fund stock PS Ratio (=162.16) is close to 10-year high of 162.16
During the past 11 years, Nuveen Municipal Creditome Fund's highest PS Ratio was 171.03. The lowest was 4.84. And the median was 18.02.
Nuveen Municipal Creditome Fund's Revenue per Sharefor the six months ended in Oct. 2020 was $1.59. Its Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2020 was $0.10.
Warning Sign:
Nuveen Municipal Credit Income Fund revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Nuveen Municipal Creditome Fund was -95.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -44.20% per year.
During the past 11 years, Nuveen Municipal Creditome Fund's highest 3-Year average Revenue per Share Growth Rate was 57.20% per year. The lowest was -44.20% per year. And the median was -33.70% per year.
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
* The bar in red indicates where Nuveen Municipal Creditome Fund's PS Ratio falls into.
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.
Nuveen Municipal Creditome Fund's PS Ratio for today is calculated as
PS Ratio | = | Share Price | / | Revenue per Share (TTM) |
= | 16.540000 | / | 0.102 | |
= | 162.16 |
Nuveen Municipal Creditome Fund's Share Price of today is $16.540000.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Municipal Creditome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2020 was $0.10.
* All numbers are in millions except for per share data and ratio. All numbers 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.
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.
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.
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