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Eaton Vance Floating-rateome Trust (NYSE:EFT) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
Eaton Vance Floating-rateome Trust Cyclically Adjusted PB Ratio Related Terms
Eaton Vance Floating-rateome Trust Cyclically Adjusted PB Ratio Historical Data
* 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.
Eaton Vance Floating-rateome Trust Cyclically Adjusted PB Ratio Chart
EFT vs SRV, BGH, RMM: Cyclically Adjusted PB Ratio Comparison
For the Asset Management subindustry, Eaton Vance Floating-rateome Trust's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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 Floating-rateome Trust Cyclically Adjusted PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Eaton Vance Floating-rateome Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Eaton Vance Floating-rateome Trust's Cyclically Adjusted PB Ratio falls into.
Eaton Vance Floating-rateome Trust Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
Eaton Vance Floating-rateome Trust does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.
What does a Cyclically Adjusted PB Ratio of 0.63 mean?
Eaton Vance Floating-rateome Trust (EFT) has a Cyclically Adjusted PB Ratio of 0.63 as of Sep. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Eaton Vance Floating-rateome Trust and its competitors. According to the industry distribution chart, Eaton Vance Floating-rateome Trust ranks #999999 out of 967 companies in the Asset Management industry.
Is Eaton Vance Floating-rateome Trust's Cyclically Adjusted PB Ratio too high?
Eaton Vance Floating-rateome Trust's current Cyclically Adjusted PB Ratio is 0.63. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. Eaton Vance Floating-rateome Trust's value of 0.63 is 25% below this industry median. Based on the distribution chart, Eaton Vance Floating-rateome Trust ranks #999999 out of 967 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Eaton Vance Floating-rateome Trust has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Floating-rateome Trust's Cyclically Adjusted PB Ratio compare to SRV and BGH?
According to the Asset Management industry distribution chart, Eaton Vance Floating-rateome Trust ranks #999999 out of 967 companies for Cyclically Adjusted PB Ratio. This places Eaton Vance Floating-rateome Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. Eaton Vance Floating-rateome Trust's value of 0.63 is 25% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 967 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eaton Vance Floating-rateome Trust's current Cyclically Adjusted PB Ratio of 0.63 is 25% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Eaton Vance Floating-rateome Trust and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Floating-rateome Trust's current Cyclically Adjusted PB Ratio is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Floating-rateome Trust stock overvalued right now?
Based on GuruFocus' analysis, Eaton Vance Floating-rateome Trust (EFT) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.03, compared to a current price of $10.52 — trading 247.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.63 and 25% below the Asset Management industry median of 0.84. Eaton Vance Floating-rateome Trust's overall GF Score™ is 40/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Eaton Vance Floating-rateome Trust (EFT), the current Cyclically Adjusted PB Ratio is 0.63 as of Sep. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Eaton Vance Floating-rateome Trust (EFT) Overvalued in 2026?
Based on GuruFocus' analysis, Eaton Vance Floating-rateome Trust stock appears to be overvalued.
The current stock price of $10.52 is trading 247.2% above its estimated GF Value™ of $3.03.
GuruFocus considers Eaton Vance Floating-rateome Trust to be Significantly Overvalued.
Key valuation signals for EFT:
Cyclically Adjusted PB Ratio: 0.63
GF Value™: $3.03 vs. price of $10.52 (247.2% above fair value)
Industry Position: 25% below the Asset Management median (#999999 of 967)
No single metric tells the full story. See the EFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eaton Vance Floating-rate Income Trust is a closed-end management investment company. The company's objective is to provide a high level of current income and its secondary objective is capital appreciation.
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