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Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) PS Ratio : 38.20 (As of May. 16, 2024)


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What is Flaherty & Crumrine Pref&Inc Allocation 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, Flaherty & Crumrine Pref&Inc Allocation's share price is $18.795. Flaherty & Crumrine Pref&Inc Allocation's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.49. Hence, Flaherty & Crumrine Pref&Inc Allocation's PS Ratio for today is 38.20.

Warning Sign:

Flaherty & Crumrine Pref&Inc Allocation stock PS Ratio (=37.32) is close to 10-year high of 38.34

The historical rank and industry rank for Flaherty & Crumrine Pref&Inc Allocation's PS Ratio or its related term are showing as below:

DFP' s PS Ratio Range Over the Past 10 Years
Min: 3.28   Med: 9.28   Max: 38.34
Current: 37.94

During the past 7 years, Flaherty & Crumrine Pref&Inc Allocation's highest PS Ratio was 38.34. The lowest was 3.28. And the median was 9.28.

DFP's PS Ratio is ranked worse than
87.68% of 1421 companies
in the Asset Management industry
Industry Median: 8.65 vs DFP: 37.94

Flaherty & Crumrine Pref&Inc Allocation's Revenue per Sharefor the six months ended in Nov. 2023 was $1.40. Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.49.

Warning Sign:

Flaherty & Crumrine Pref&Inc Allocation revenue per share has been in decline over the past 3 years.

During the past 3 years, the average Revenue per Share Growth Rate was -39.00% per year.

During the past 7 years, Flaherty & Crumrine Pref&Inc Allocation's highest 3-Year average Revenue per Share Growth Rate was -19.10% per year. The lowest was -39.00% per year. And the median was -29.05% per year.

Back to Basics: PS Ratio


Flaherty & Crumrine Pref&Inc Allocation PS Ratio Historical Data

The historical data trend for Flaherty & Crumrine Pref&Inc Allocation'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.

Flaherty & Crumrine Pref&Inc Allocation PS Ratio Chart

Flaherty & Crumrine Pref&Inc Allocation Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
PS Ratio
Get a 7-Day Free Trial 5.32 12.78 12.15 - 35.38

Flaherty & Crumrine Pref&Inc Allocation 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 12.15 - - - 35.38

Competitive Comparison of Flaherty & Crumrine Pref&Inc Allocation's PS Ratio

For the Asset Management subindustry, Flaherty & Crumrine Pref&Inc Allocation'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.


Flaherty & Crumrine Pref&Inc Allocation's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Pref&Inc Allocation's PS Ratio distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Pref&Inc Allocation's PS Ratio falls into.



Flaherty & Crumrine Pref&Inc Allocation 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.

Flaherty & Crumrine Pref&Inc Allocation's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=18.795/0.492
=38.20

Flaherty & Crumrine Pref&Inc Allocation's Share Price of today is $18.795.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Flaherty & Crumrine Pref&Inc Allocation's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.49.

* 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.


Flaherty & Crumrine Pref&Inc Allocation  (NYSE:DFP) 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.


Flaherty & Crumrine Pref&Inc Allocation PS Ratio Related Terms

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Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Pref&Inc Allocation is a diversified, closed-end management investment company. Its investment objective is to seek total return, with an emphasis on high current income.
Executives
Bradford S Stone officer: CFO and Treasurer, other: Affiliate of Inv. Adviser 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901
Robert E Chadwick officer: CFO, VP & Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Chad Conwell officer: CCO, VP and Secretary 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Morgan Gust director C/O COBIZ FINANCIAL INC., 821 SEVENTEENTH STREET, DENVER CO 80202
Donald F Crumrine director, officer: Chief Executive Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst-CompOfficer/Treas/Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101
Robert T. Flaherty other: Affiliated person Inv. Adviser 301 EAST COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101

Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Headlines