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, Blackrock NY Municipalome Tr's share price is $10.58.
Blackrock NY Municipalome Tr's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $0.32. Hence, Blackrock NY Municipalome Tr's PS Ratio for today is 32.86.
The historical rank and industry rank for Blackrock NY Municipalome Tr's PS Ratio or its related term are showing as below:
BNY'
s PS Ratio Range Over the Past 10 Years
Min: 9.92 Med: 22.97 Max: 100
Current: 32.86
During the past 7 years, Blackrock NY Municipalome Tr's highest PS Ratio was 100.00. The lowest was 9.92. And the median was 22.97.
BNY's PS Ratio is ranked worse than 84.95% of 1415
companies
in the Asset Management industry
Industry Median: 8.58
vs BNY: 32.86
During the past 7 years, Blackrock NY Municipalome Tr's highest 3-Year average Revenue per Share Growth Rate was 90.70% per year. The lowest was 90.70% per year. And the median was 90.70% per year.
Back to Basics: PS Ratio
Blackrock NY Municipalome Tr PS Ratio Historical Data
* 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.
Competitive Comparison of Blackrock NY Municipalome Tr's PS Ratio
For the Asset Management subindustry, Blackrock NY Municipalome Tr'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.
Blackrock NY Municipalome Tr's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock NY Municipalome Tr's PS Ratio distribution charts can be found below:
* The bar in red indicates where Blackrock NY Municipalome Tr's PS Ratio falls into.
Blackrock NY Municipalome Tr 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.
Blackrock NY Municipalome Tr's Share Price of today is $10.58.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Blackrock NY Municipalome Tr's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $0.32.
* 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:
Blackrock NY Municipalome Tr (NYSE:BNY) 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.
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.
Blackrock NY Municipalome Tr PS Ratio Related Terms
Thank you for viewing the detailed overview of Blackrock NY Municipalome Tr's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Blackrock NY Municipalome Tr (Blackrock NY Municipalome Tr) Business Description
Blackrock NY Municipal Income Tr has an investment objective to provide current income exempt from regular U.S. federal income tax and New York State and New York City personal income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from U.S. federal income taxes and New York State and New York City personal income taxes.
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