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MCR (MFS Charterome Trust) PS Ratio : 11.49 (As of Oct. 31, 2024)


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What is MFS Charterome Trust 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, MFS Charterome Trust's share price is $6.34. MFS Charterome Trust's Revenue per Share for the trailing twelve months (TTM) ended in May. 2024 was $0.55. Hence, MFS Charterome Trust's PS Ratio for today is 11.49.

Good Sign:

MFS Charter Income Trust stock PS Ratio (=16.15) is close to 2-year low of 15.56

The historical rank and industry rank for MFS Charterome Trust's PS Ratio or its related term are showing as below:

MCR' s PS Ratio Range Over the Past 10 Years
Min: 5.35   Med: 13.23   Max: 82.02
Current: 11.47

During the past 7 years, MFS Charterome Trust's highest PS Ratio was 82.02. The lowest was 5.35. And the median was 13.23.

MCR's PS Ratio is ranked worse than
64.88% of 1489 companies
in the Asset Management industry
Industry Median: 7.96 vs MCR: 11.47

MFS Charterome Trust's Revenue per Sharefor the six months ended in May. 2024 was $0.35. Its Revenue per Share for the trailing twelve months (TTM) ended in May. 2024 was $0.55.

Warning Sign:

MFS Charter Income Trust 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 MFS Charterome Trust was 13700.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -15.70% per year.

During the past 7 years, MFS Charterome Trust's highest 3-Year average Revenue per Share Growth Rate was -3.80% per year. The lowest was -15.70% per year. And the median was -9.75% per year.

Back to Basics: PS Ratio


MFS Charterome Trust PS Ratio Historical Data

The historical data trend for MFS Charterome Trust'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.

MFS Charterome Trust PS Ratio Chart

MFS Charterome Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
PS Ratio
Get a 7-Day Free Trial 7.09 13.04 81.15 - 15.54

MFS Charterome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 - - - 15.54 -

Competitive Comparison of MFS Charterome Trust's PS Ratio

For the Asset Management subindustry, MFS Charterome Trust'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.


MFS Charterome Trust's PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where MFS Charterome Trust's PS Ratio falls into.



MFS Charterome Trust 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.

MFS Charterome Trust's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=6.34/0.552
=11.49

MFS Charterome Trust's Share Price of today is $6.34.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MFS Charterome Trust's Revenue per Share for the trailing twelve months (TTM) ended in May. 2024 was $0.55.

* 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.


MFS Charterome Trust  (NYSE:MCR) 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.


MFS Charterome Trust PS Ratio Related Terms

Thank you for viewing the detailed overview of MFS Charterome Trust's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MFS Charterome Trust Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
MFS Charter Income Trust is a United States-based closed-end fund. Its investment objective is to seek high current income. The fund invests the assets in debt instruments. It invests the assets in corporate bonds of U.S. and foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed and other asset-backed securities of U.S. and foreign issuers, and debt instruments of issuers located in emerging market countries.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Neeraj Arora other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
John David Mitchell other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: OFFICER TO ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Henry Peabody other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Philipp Burgener other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Andy Li other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael Skatrud other: Portfolio Manager MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 01760
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199

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