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Eaton Vance Seniorome Trust (Eaton Vance Seniorome Trust) PS Ratio : 5.66 (As of May. 28, 2024)


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What is Eaton Vance Seniorome 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, Eaton Vance Seniorome Trust's share price is $6.39. Eaton Vance Seniorome Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.13. Hence, Eaton Vance Seniorome Trust's PS Ratio for today is 5.66.

Warning Sign:

Eaton Vance Senior Income Trust stock PS Ratio (=8.34) is close to 3-year high of 8.66

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

EVF' s PS Ratio Range Over the Past 10 Years
Min: 4.68   Med: 13.82   Max: 23.58
Current: 5.66

During the past 6 years, Eaton Vance Seniorome Trust's highest PS Ratio was 23.58. The lowest was 4.68. And the median was 13.82.

EVF's PS Ratio is ranked better than
66.6% of 1428 companies
in the Asset Management industry
Industry Median: 8.69 vs EVF: 5.66

Eaton Vance Seniorome Trust's Revenue per Sharefor the six months ended in Dec. 2023 was $0.57. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.13.

During the past 6 years, Eaton Vance Seniorome Trust's highest 3-Year average Revenue per Share Growth Rate was 38.90% per year. The lowest was 38.90% per year. And the median was 38.90% per year.

Back to Basics: PS Ratio


Eaton Vance Seniorome Trust PS Ratio Historical Data

The historical data trend for Eaton Vance Seniorome 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.

Eaton Vance Seniorome Trust PS Ratio Chart

Eaton Vance Seniorome Trust Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PS Ratio
Get a 7-Day Free Trial 22.33 - 5.86 - 7.13

Eaton Vance Seniorome Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 7.13 -

Competitive Comparison of Eaton Vance Seniorome Trust's PS Ratio

For the Asset Management subindustry, Eaton Vance Seniorome 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.


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

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

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



Eaton Vance Seniorome 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.

Eaton Vance Seniorome Trust's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=6.39/1.128
=5.66

Eaton Vance Seniorome Trust's Share Price of today is $6.39.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Eaton Vance Seniorome Trust's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.13.

* 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 Seniorome Trust  (NYSE:EVF) 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 Seniorome Trust PS Ratio Related Terms

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Eaton Vance Seniorome Trust (Eaton Vance Seniorome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Senior Income Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to provide a high level of current income consistent with the preservation of capital, by investing in senior, secured floating-rate loans. The trust invests in below-investment-grade floating-rate loans, which are considered speculative because of the credit risk of their issuers. Its portfolio of investment consists of aerospace and defense, automotive, beverage, building and development, business equipment and services, cable and satellite television and other areas.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Faust Thomas E Jr other: Management Committee of Eaton 255 STATE STREET, BOSTON MA 02109
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
William E Holt other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Daniel Mcelaney other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110