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Eaton Vance (Eaton Vance) PS Ratio : 4.86 (As of Apr. 26, 2024)


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What is Eaton Vance PS Ratio?

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, Eaton Vance's share price is $73.07. Eaton Vance's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2020 was $15.03. Hence, Eaton Vance's PS Ratio for today is 4.86.

Warning Sign:

Eaton Vance Corp stock PS Ratio (=4.68) is close to 10-year high of 4.68

The historical rank and industry rank for Eaton Vance's PS Ratio or its related term are showing as below:

EV' s PS Ratio Range Over the Past 10 Years
Min: 1.97   Med: 3.19   Max: 4.58
Current: 4.58

During the past 13 years, Eaton Vance's highest PS Ratio was 4.58. The lowest was 1.97. And the median was 3.19.

EV's PS Ratio is not ranked
in the Asset Management industry.
Industry Median: 8.26 vs EV: 4.58

Eaton Vance's Revenue per Sharefor the three months ended in Oct. 2020 was $3.63. Its Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2020 was $15.03.

Warning Sign:

Eaton Vance Corp revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Eaton Vance was -4.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.10% per year.

During the past 13 years, Eaton Vance's highest 3-Year average Revenue per Share Growth Rate was 45.20% per year. The lowest was -6.10% per year. And the median was 12.65% per year.

Back to Basics: PS Ratio


Eaton Vance PS Ratio Historical Data

The historical data trend for Eaton Vance'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.

Eaton Vance PS Ratio Chart

Eaton Vance Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 3.88 3.23 3.07 3.97

Eaton Vance Quarterly Data
Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.10 2.49 2.22 3.97 -

Competitive Comparison of Eaton Vance's PS Ratio

For the Asset Management subindustry, Eaton Vance'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.


Eaton Vance's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance's PS Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance's PS Ratio falls into.



Eaton Vance 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.

Eaton Vance's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=73.07/15.033
=4.86

Eaton Vance's Share Price of today is $73.07.
Eaton Vance's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.03.

* 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.


Eaton Vance  (NYSE:EV) 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.


Eaton Vance PS Ratio Related Terms

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Eaton Vance (Eaton Vance) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance provides asset-management and investment advisory services to institutional and individual investors. The firm specializes in tax-managed equity and fixed-income investments and is the third-largest issuer of closed-end funds. Investment advisory services are primarily provided to high-net-worth clients, institutional separate accounts, and retail managed accounts, with most products distributed through financial intermediaries in the advisory channel. The company had $583.1 billion in assets under management at the end of December 2020, composed of equity (27% of AUM), fixed-income (13%), floating-rate bank loan (5%), alternative asset (1%), and money market funds, as well as assets managed under its implementation services (35%) and exposure management (19%) platforms.
Executives
Faust Thomas E Jr director, officer: CEO 255 STATE STREET, BOSTON MA 02109
Daniel C. Cataldo officer: Chief Administrative Officer 2 INTERNATIONAL PLACE, SUITE 1400 BOSTON MA 02110
Spillane Richard A Jr. director EATON VANCE CORP. TWO INTERNATIONAL PLACE BOSTON MA 02110
Frederick S Marius officer: Chief Legal Officer 255 STATE STREET BOSTON MA 02109
Brian D. Langstraat director TWO INTERNATIONAL PLACE BOSTON MA 02110
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109
Julie E Rozen officer: Chief Accounting Officer 2 INTERNATIONAL PLACE SUITE 1400 BOSTON MA 02110
Matthew J Witkos other: Pres & CEO EV Distributors Inc 255 STATE STREET, BOSTON MA 02109
Higdon Leo I Jr director 1700 LINCOLN STREET, 28TH FLOOR, DENVER CO 80203
Smith Winthrop H Jr director 255 STATE STREET BOSTON MA 02109
Dorothy E Puhy director DANA FARBER CANCER INSTITUTE, 44 BINNEY STREET, RM. D1632, BOSTON MA 02115
Paula A Johnson director 22 CHERRY HILL DRIVE, DANVERS MA 01923
Ann E Berman director 255 STATE STREET, BOSTON MA 02109
Edward J. Perkin officer: Chief Equity Inv. Officer 2 INTERNATIONAL PLACE, EATON VANCE, BOSTON MA 02110
Jeffrey P Beale officer: Chief Administrative Officer 255 STATE STREET, BOSTON MA 02109