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Eaton Vance Tax-mangd Glo Buy-write Oppo (Eaton Vance Tax-mangd Glo Buy-write Oppo) Price-to-Tangible-Book : 0.90 (As of May. 12, 2024)


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What is Eaton Vance Tax-mangd Glo Buy-write Oppo Price-to-Tangible-Book?

As of today (2024-05-12), Eaton Vance Tax-mangd Glo Buy-write Oppo's share price is $8.13. Eaton Vance Tax-mangd Glo Buy-write Oppo's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.05. Hence, Eaton Vance Tax-mangd Glo Buy-write Oppo's Price to Tangible Book Ratio of today is 0.90.

The historical rank and industry rank for Eaton Vance Tax-mangd Glo Buy-write Oppo's Price-to-Tangible-Book or its related term are showing as below:

ETW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86   Med: 0.98   Max: 1.03
Current: 0.9

During the past 7 years, Eaton Vance Tax-mangd Glo Buy-write Oppo's highest Price to Tangible Book Ratio was 1.03. The lowest was 0.86. And the median was 0.98.

ETW's Price-to-Tangible-Book is ranked better than
62.86% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs ETW: 0.90

A closely related ratio is called PB Ratio. As of today, Eaton Vance Tax-mangd Glo Buy-write Oppo's share price is $8.13. Eaton Vance Tax-mangd Glo Buy-write Oppo's Book Value per Sharefor the quarter that ended in Dec. 2023 was $9.05. Hence, Eaton Vance Tax-mangd Glo Buy-write Oppo's P/B Ratio of today is 0.90.


Eaton Vance Tax-mangd Glo Buy-write Oppo Price-to-Tangible-Book Historical Data

The historical data trend for Eaton Vance Tax-mangd Glo Buy-write Oppo'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 Tax-mangd Glo Buy-write Oppo Price-to-Tangible-Book Chart

Eaton Vance Tax-mangd Glo Buy-write Oppo Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.99 0.94 1.02 0.93 0.86

Eaton Vance Tax-mangd Glo Buy-write Oppo Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.02 0.96 0.93 0.91 0.86

Competitive Comparison of Eaton Vance Tax-mangd Glo Buy-write Oppo's Price-to-Tangible-Book

For the Asset Management subindustry, Eaton Vance Tax-mangd Glo Buy-write Oppo'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 Tax-mangd Glo Buy-write Oppo's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax-mangd Glo Buy-write Oppo's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax-mangd Glo Buy-write Oppo's Price-to-Tangible-Book falls into.



Eaton Vance Tax-mangd Glo Buy-write Oppo Price-to-Tangible-Book Calculation

Eaton Vance Tax-mangd Glo Buy-write Oppo's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=8.13/9.051
=0.90

* 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 Tax-mangd Glo Buy-write Oppo Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Eaton Vance Tax-mangd Glo Buy-write Oppo's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance Tax-mangd Glo Buy-write Oppo (Eaton Vance Tax-mangd Glo Buy-write Oppo) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Suite 1400, Boston, MA, USA, 02110
Eaton Vance Tax-mangd Glo Buy-write Oppo is a United States-based diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. The fund invests in a diversified portfolio of common stocks and writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio to generate current earnings from the option premium. Its portfolio of investments consists of the capital markets, chemicals, banks, biotechnology, media, and other sectors.
Executives
Charles Gaffney other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Douglas R Rogers other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Williams Ray Kelly Jr officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
George R. Nelson other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110