GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Massachusetts Municipal Bond Fund (AMEX:MAB) » Definitions » Price-to-Tangible-Book

Eaton Vance Massachusetts Municipal Bond Fund (Eaton Vance Massachusetts Municipal Bond Fund) Price-to-Tangible-Book : 0.86 (As of Apr. 26, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Eaton Vance Massachusetts Municipal Bond Fund Price-to-Tangible-Book?

As of today (2024-04-26), Eaton Vance Massachusetts Municipal Bond Fund's share price is $12.28. Eaton Vance Massachusetts Municipal Bond Fund's Tangible Book per Share of Sep. 2018 for the quarter that ended in Sep. 2018 was $14.26. Hence, Eaton Vance Massachusetts Municipal Bond Fund's Price to Tangible Book Ratio of today is 0.86.

The historical rank and industry rank for Eaton Vance Massachusetts Municipal Bond Fund's Price-to-Tangible-Book or its related term are showing as below:

MAB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79   Med: 0.96   Max: 1.04
Current: 0.83

During the past 9 years, Eaton Vance Massachusetts Municipal Bond Fund's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.79. And the median was 0.96.

MAB's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.93 vs MAB: 0.83

A closely related ratio is called PB Ratio. As of today, Eaton Vance Massachusetts Municipal Bond Fund's share price is $12.28. Eaton Vance Massachusetts Municipal Bond Fund's Book Value per Sharefor the quarter that ended in Sep. 2018 was $14.26. Hence, Eaton Vance Massachusetts Municipal Bond Fund's P/B Ratio of today is 0.86.


Eaton Vance Massachusetts Municipal Bond Fund Price-to-Tangible-Book Historical Data

The historical data trend for Eaton Vance Massachusetts Municipal Bond Fund's Price-to-Tangible-Book 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.

Eaton Vance Massachusetts Municipal Bond Fund Price-to-Tangible-Book Chart

Eaton Vance Massachusetts Municipal Bond Fund Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 0.96 0.91 0.95 0.92 -

Eaton Vance Massachusetts Municipal Bond Fund Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.90 0.92 - -

Competitive Comparison of Eaton Vance Massachusetts Municipal Bond Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Eaton Vance Massachusetts 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 Massachusetts 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 Massachusetts Municipal Bond Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Eaton Vance Massachusetts Municipal Bond Fund's Price-to-Tangible-Book falls into.



Eaton Vance Massachusetts Municipal Bond Fund Price-to-Tangible-Book Calculation

Eaton Vance Massachusetts Municipal Bond Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2018 )
=12.28/14.26
=0.86

* 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 Massachusetts Municipal Bond Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Eaton Vance Massachusetts 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 Massachusetts Municipal Bond Fund (Eaton Vance Massachusetts Municipal Bond Fund) Business Description

Traded in Other Exchanges
N/A
Address
Eaton Vance Massachusetts Municipal Bond Fund is a closed-end investment company. Its objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and in state-specific funds, tax in its specified state.
Executives
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Group Ag Ubs other: Former 10% Owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Susan J Sutherland other: Trustee MONTPELIER HOUSE, 94 PITTS BAY ROAD, HAMILTON D0 HM 08
George J. Gorman other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Cynthia Frost other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02148
Lynn A Stout director C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109
Valerie Mosley other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
James F Kirchner officer: Treasurer TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance Massachusetts Municipal Bond Fund (Eaton Vance Massachusetts Municipal Bond Fund) Headlines