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Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) PS Ratio : 10.43 (As of May. 20, 2024)


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What is Mfs Intermediate Highome Fund 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 Intermediate Highome Fund's share price is $1.68. Mfs Intermediate Highome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.16. Hence, Mfs Intermediate Highome Fund's PS Ratio for today is 10.43.

Good Sign:

Mfs Intermediate High Income Fund stock PS Ratio (=10.49) is close to 3-year low of 10.15

The historical rank and industry rank for Mfs Intermediate Highome Fund's PS Ratio or its related term are showing as below:

CIF' s PS Ratio Range Over the Past 10 Years
Min: 5.06   Med: 10.49   Max: 33.52
Current: 10.44

During the past 7 years, Mfs Intermediate Highome Fund's highest PS Ratio was 33.52. The lowest was 5.06. And the median was 10.49.

CIF's PS Ratio is ranked worse than
57.91% of 1423 companies
in the Asset Management industry
Industry Median: 8.64 vs CIF: 10.44

Mfs Intermediate Highome Fund's Revenue per Sharefor the six months ended in Nov. 2023 was $0.10. Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.16.

During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year.

During the past 7 years, Mfs Intermediate Highome Fund's highest 3-Year average Revenue per Share Growth Rate was 2.80% per year. The lowest was -20.00% per year. And the median was -8.60% per year.

Back to Basics: PS Ratio


Mfs Intermediate Highome Fund PS Ratio Historical Data

The historical data trend for Mfs Intermediate Highome Fund'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 Intermediate Highome Fund PS Ratio Chart

Mfs Intermediate Highome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
PS Ratio
Get a 7-Day Free Trial 7.67 16.58 33.75 - 10.12

Mfs Intermediate Highome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.75 - - - 10.12

Competitive Comparison of Mfs Intermediate Highome Fund's PS Ratio

For the Asset Management subindustry, Mfs Intermediate Highome Fund'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 Intermediate Highome Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfs Intermediate Highome Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Mfs Intermediate Highome Fund's PS Ratio falls into.



Mfs Intermediate Highome Fund 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 Intermediate Highome Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1.68/0.161
=10.43

Mfs Intermediate Highome Fund's Share Price of today is $1.68.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mfs Intermediate Highome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.16.

* 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 Intermediate Highome Fund  (NYSE:CIF) 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 Intermediate Highome Fund PS Ratio Related Terms

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Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
Mfs Intermediate High Income Fund is a United States based diversified closed-end management investment company. Its investment objective is to seek high current income but may also consider capital appreciation. The fund invests a majority of its net assets, including borrowings for investment purposes, in high-income debt instruments. Its portfolio of investments includes investment in different sectors such as aerospace, automotive, broadcasting, building, business services, cable TV, chemicals, construction, and other sectors.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 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
Jacques Jr Goulet other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 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
Kevin D Strain other: Officer of Advisor MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John A Caroselli director ONE METROTECH CENTER, BROOKLYN NY 11201
Heidi Hardin officer: Secretary MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Christopher R. Bohane officer: Assistant Secretary 111 HUNTINGTON AVENUE, BOSTON MA 02199

Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Headlines