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DoubleLineome Solutions Fund (DoubleLineome Solutions Fund) PS Ratio : 11.82 (As of May. 02, 2024)


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What is DoubleLineome Solutions 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, DoubleLineome Solutions Fund's share price is $12.30. DoubleLineome Solutions Fund's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $1.04. Hence, DoubleLineome Solutions Fund's PS Ratio for today is 11.82.

Warning Sign:

DoubleLine Income Solutions Fund stock PS Ratio (=11.79) is close to 3-year high of 12.33

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

DSL' s PS Ratio Range Over the Past 10 Years
Min: 3.23   Med: 11.7   Max: 40.51
Current: 11.78

During the past 7 years, DoubleLineome Solutions Fund's highest PS Ratio was 40.51. The lowest was 3.23. And the median was 11.70.

DSL's PS Ratio is ranked worse than
62.77% of 1413 companies
in the Asset Management industry
Industry Median: 8.45 vs DSL: 11.78

DoubleLineome Solutions Fund's Revenue per Sharefor the six months ended in Sep. 2023 was $0.34. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $1.04.

During the past 7 years, DoubleLineome Solutions Fund's highest 3-Year average Revenue per Share Growth Rate was 90.80% per year. The lowest was 90.80% per year. And the median was 90.80% per year.

Back to Basics: PS Ratio


DoubleLineome Solutions Fund PS Ratio Historical Data

The historical data trend for DoubleLineome Solutions 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.

DoubleLineome Solutions Fund PS Ratio Chart

DoubleLineome Solutions Fund Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PS Ratio
Get a 7-Day Free Trial 32.98 - 5.02 - 11.22

DoubleLineome Solutions Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.02 - - - 11.22

Competitive Comparison of DoubleLineome Solutions Fund's PS Ratio

For the Asset Management subindustry, DoubleLineome Solutions 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.


DoubleLineome Solutions Fund's PS Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where DoubleLineome Solutions Fund's PS Ratio falls into.



DoubleLineome Solutions 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.

DoubleLineome Solutions Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=12.30/1.041
=11.82

DoubleLineome Solutions Fund's Share Price of today is $12.30.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. DoubleLineome Solutions Fund's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $1.04.

* 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.


DoubleLineome Solutions Fund  (NYSE:DSL) 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.


DoubleLineome Solutions Fund PS Ratio Related Terms

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DoubleLineome Solutions Fund (DoubleLineome Solutions Fund) Business Description

Traded in Other Exchanges
N/A
Address
2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602
DoubleLine Income Solutions Fund is a closed-end fund. The fund's primary investment objective is to seek high income and its secondary objective is to seek capital appreciation. It invests in securities, including money market funds, foreign corporate bonds, us corporate bonds, bank loans, collateralized loan obligations, and municipal bonds. The portfolio of the fund consists of various industries such as Healthcare, Technology, Construction, Automotive, Insurance, Beverage, Pharmaceuticals, Leisure, and others.
Executives
Lisa Chen officer: AML Compliance Officer C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter other: Trustee C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta officer: AML Officer C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam officer: Dir of HR for DSL's Inv Adv C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Henry V Chase other: See Remarks C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Maria Theresa Walker officer: Vice President 333 SOUTH GRAND AVE 18 FLOOR, LOS ANGELES CA 90071
Dawn Oswald officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Youse Guia officer: CHIEF COMPLIANCE OFFICER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Leticia A. Acosta other: Adviser 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Adam D. Rossetti officer: CHIEF COMPLIANCE OFFICER 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Winnie Han officer: Assistant Treasurer 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Brady J. Femling officer: Vice President 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
James Charles Davison other: Global Relationship Management 333 SOUTH GRAND AVE, 18TH FLOOR, LOS ANGELES CA 90071
Raymond Woolson other: TRUSTEE 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071