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ClearBridge MLP & Midstream Fund (ClearBridge MLP & Midstream Fund) Forward PE Ratio : 0.00 (As of Apr. 29, 2024)


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What is ClearBridge MLP & Midstream Fund Forward PE Ratio?

ClearBridge MLP & Midstream Fund's Forward PE Ratio for today is 0.00.

ClearBridge MLP & Midstream Fund's PE Ratio without NRI for today is 10.00.

ClearBridge MLP & Midstream Fund's PE Ratio for today is 10.00.


ClearBridge MLP & Midstream Fund Forward PE Ratio Historical Data

The historical data trend for ClearBridge MLP & Midstream Fund's Forward PE 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.

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ClearBridge MLP & Midstream Fund Forward PE Ratio Chart

ClearBridge MLP & Midstream Fund Annual Data
Trend
Forward PE Ratio

ClearBridge MLP & Midstream Fund Semi-Annual Data
Forward PE Ratio

Competitive Comparison of ClearBridge MLP & Midstream Fund's Forward PE Ratio

For the Asset Management subindustry, ClearBridge MLP & Midstream Fund's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.


ClearBridge MLP & Midstream Fund's Forward PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ClearBridge MLP & Midstream Fund's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where ClearBridge MLP & Midstream Fund's Forward PE Ratio falls into.



ClearBridge MLP & Midstream Fund Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


ClearBridge MLP & Midstream Fund  (NYSE:CEM) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


ClearBridge MLP & Midstream Fund Forward PE Ratio Related Terms

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ClearBridge MLP & Midstream Fund (ClearBridge MLP & Midstream Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
ClearBridge MLP & Midstream Fund Inc. is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in energy master limited partnerships (MLPs) and energy midstream entities.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jasna Dolgov other: General Counsel/Subadviser CLEARBRIDGE INVESTMENTS, 620 EIGHTH AVENUE, NEW YORK NY 10018
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Mutual Of Omaha Insurance Co 10 percent owner 3300 MUTUAL OF OMAHA PLAZA, OMAHA NE 68175
United Of Omaha Life Insurance Co 10 percent owner MUTUAL OF OMAHA PLZ 3RD FLOOR LAW, ATTN: JAN BROCKMAN, OMAHA NE 68175-1008
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611
Chris Eades other: Portfolio Manager 620 EIGHTH AVENUE, 48TH FLOOR, NEW YORK NY 10018
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Gwen L Shaneyfelt other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906