PS Ratio of Tortoise Power and Energy Infrastructure Fund Inc (TPZ) is -3.71

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
Jul 20Aug 20Sep 20Oct 20Nov 20Dec 20Jan 21Feb 21Mar 21Apr 21May 21Jun 21
-5.87-6.05-1.50-1.36-1.34-1.63-2.40-2.41-3.46-3.52-3.66-3.71