The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-23), Eaton Vance Tax-advtgd Global Divid Oppo's share price is $24.06. Eaton Vance Tax-advtgd Global Divid Oppo's Book Value per Share for the quarter that ended in Oct. 2023 was $22.69. Hence, Eaton Vance Tax-advtgd Global Divid Oppo's PB Ratio of today is 1.06.
The historical rank and industry rank for Eaton Vance Tax-advtgd Global Divid Oppo's PB Ratio or its related term are showing as below:
ETO'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.03 Max: 1.49
Current: 1.06
During the past 7 years, Eaton Vance Tax-advtgd Global Divid Oppo's highest PB Ratio was 1.49. The lowest was 0.63. And the median was 1.03.
ETO's PB Ratio is ranked worse than 70.63% of 1692
companies
in the Asset Management industry
Industry Median: 0.92
vs ETO: 1.06
During the past 12 months, Eaton Vance Tax-advtgd Global Divid Oppo's average Book Value Per Share Growth Rate was 3.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Eaton Vance Tax-advtgd Global Divid Oppo was 12.30% per year. The lowest was -3.10% per year. And the median was -1.15% per year.
Back to Basics: PB Ratio
Eaton Vance Tax-advtgd Global Divid Oppo PB Ratio Historical Data
The historical data trend for Eaton Vance Tax-advtgd Global Divid Oppo's PB 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.
* Premium members only.
Eaton Vance Tax-advtgd Global Divid Oppo Annual Data
For the Asset Management subindustry, Eaton Vance Tax-advtgd Global Divid Oppo's PB Ratio, along with its competitors' market caps and PB 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.
Eaton Vance Tax-advtgd Global Divid Oppo PB Ratio Distribution
For the Asset Management industry and Financial Services sector, Eaton Vance Tax-advtgd Global Divid Oppo's PB Ratio distribution charts can be found below:
* The bar in red indicates where Eaton Vance Tax-advtgd Global Divid Oppo's PB Ratio falls into.
Eaton Vance Tax-advtgd Global Divid Oppo PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Eaton Vance Tax-advtgd Global Divid Oppo's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Eaton Vance Tax-advtgd Global Divid Oppo (NYSE:ETO) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Eaton Vance Tax-advtgd Global Divid Oppo PB Ratio Related Terms
Thank you for viewing the detailed overview of Eaton Vance Tax-advtgd Global Divid Oppo's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Eaton Vance Tax-advtgd Global Divid Oppo (Eaton Vance Tax-advtgd Global Divid Oppo) Business Description
Eaton Vance Tax-advtgd Global Divid Oppo is a diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return consisting of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. The portfolio of investments consists of capital markets, chemicals, diversified, beverages, banks, electric utilities, oil, gas and consumable fuels, personal products, and other areas.
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