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, John Hancock Premium Div Fund's share price is $11.58.
John Hancock Premium Div Fund's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.81. Hence, John Hancock Premium Div Fund's PS Ratio for today is .
The historical rank and industry rank for John Hancock Premium Div Fund's PS Ratio or its related term are showing as below:
During the past 7 years, John Hancock Premium Div Fund's highest PS Ratio was 152.94. The lowest was 3.14. And the median was 7.05.
PDT's PS Ratio is not ranked *
in the Asset Management industry.
Industry Median: 8.8 * Ranked among companies with meaningful PS Ratio only.
During the past 3 years, the average Revenue per Share Growth Rate was 19.30% per year.
During the past 7 years, John Hancock Premium Div Fund's highest 3-Year average Revenue per Share Growth Rate was 201.70% per year. The lowest was 19.30% per year. And the median was 110.50% per year.
Back to Basics: PS Ratio
John Hancock Premium Div Fund 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 John Hancock Premium Div Fund's PS Ratio
For the Asset Management subindustry, John Hancock Premium Div 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.
John Hancock Premium Div Fund's PS Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Premium Div Fund's PS Ratio distribution charts can be found below:
* The bar in red indicates where John Hancock Premium Div Fund's PS Ratio falls into.
John Hancock Premium Div 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.
John Hancock Premium Div Fund's Share Price of today is $11.58.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. John Hancock Premium Div Fund's Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.81.
* 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:
John Hancock Premium Div Fund (NYSE:PDT) 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.
John Hancock Premium Div Fund PS Ratio Related Terms
Thank you for viewing the detailed overview of John Hancock Premium Div Fund's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
John Hancock Premium Div Fund (John Hancock Premium Div Fund) Business Description
John Hancock Premium Div Fund II is a United States-based closed-end management investment company. It seeks to provide a high current income consistent with modest growth of capital. The fund will pursue its objective by investing in a diversified portfolio comprised of dividend-paying preferred securities and common equity securities. The portfolio composition of the fund consists of preferred securities, common stocks, corporate bonds, and short-term investments.
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