MIW'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87 Med: 0.96 Max: 1.06
Current: 0.93
During the past 9 years, Eaton Vance Michigan Municipal Bond Fund's highest Price to Tangible Book Ratio was 1.06. The lowest was 0.87. And the median was 0.96.
MIW's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.93
vs MIW: 0.93
* 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.
Eaton Vance Michigan Municipal Bond Fund Price-to-Tangible-Book Chart
Eaton Vance Michigan Municipal Bond Fund Annual Data
Competitive Comparison of Eaton Vance Michigan Municipal Bond Fund's Price-to-Tangible-Book
For the Asset Management subindustry, Eaton Vance Michigan Municipal Bond Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Eaton Vance Michigan Municipal Bond Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Eaton Vance Michigan Municipal Bond Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Eaton Vance Michigan Municipal Bond Fund's Price-to-Tangible-Book falls into.
Eaton Vance Michigan Municipal Bond Fund Price-to-Tangible-Book Calculation
* 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:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Eaton Vance Michigan Municipal Bond Fund Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Eaton Vance Michigan Municipal Bond Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Eaton Vance Michigan Municipal Bond Fund (Eaton Vance Michigan Municipal Bond Fund) Business Description
Eaton Vance Michigan Municipal Bond Fund is a non-diversified, closed-end management investment company. The fund's investment objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state-specific funds, taxes in its specified state. The company invests in various sectors, including education, electric utilities, insured-education, general obligations, insured-electric utilities, insured-general obligations, hospital, insured-bond bank, insured escrowed/pre-refunded, and water and sewer industries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MIW has been successfully added to your 