PS Ratio of AllianzGI Convertible & Income 2024 Target Term Fund of Beneficial Interest (CBH) is 20.42

The price-to-sales (P/S) ratio is a valuation ratio that compares a company’s stock price to its revenues. It is an indicator of the value placed on each dollar of a company’s sales or revenues.The P/S ratio can be calculated either by dividing the company’s market capitalization by its total sales over a designated period – usually twelve months, or on a per-share basis by dividing the stock price by sales per share. The ratio shows how much investors are willing to pay per dollar of sale. A higher (lower) P/S ratio relative to peers or the industry may suggest a company is overvalued (undervalued).

 

Source: Investopedia

PS Ratio
Nov 19Dec 19Jan 20Feb 20Mar 20Apr 20May 20Jun 20Jul 20Aug 20Sep 20Oct 20
76.7919.0619.0219.1124.6719.8319.9510.9010.5411.2411.1120.42