MUE (BlackRock MuniHoldings Quality Fund II) E10: $0.30 (As of Jul. 2025)

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MUE BlackRock MuniHoldings Quality Fund II Inc MUE
21 GF Score
Price $10.07
! 2 Warning Signs
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What is BlackRock MuniHoldings Quality Fund II E10?

BlackRock MuniHoldings Quality Fund II MUE -0.69% 21 E10 is $0.30 as of Jul. 2025. GuruFocus rates MUE with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

BlackRock MuniHoldings Quality Fund II's adjusted earnings per share data for the fiscal year that ended in Jul. 2025 was $-0.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.30 for the trailing ten years ended in Jul. 2025.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-08-25), BlackRock MuniHoldings Quality Fund II's current stock price is $ 10.07. BlackRock MuniHoldings Quality Fund II's E10 for the fiscal year that ended in Jul. 2025 was $0.30. BlackRock MuniHoldings Quality Fund II's Shiller PE Ratio of today is 33.57.

During the past 10 years, the highest Shiller PE Ratio of BlackRock MuniHoldings Quality Fund II was 34.00. The lowest was 31.53. And the median was 33.43.


BlackRock MuniHoldings Quality Fund II  (NYSE:MUE) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

BlackRock MuniHoldings Quality Fund II's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.07/0.30
=33.57

* 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.

During the past 10 years, the highest Shiller P/E Ratio of BlackRock MuniHoldings Quality Fund II was 34.00. The lowest was 31.53. And the median was 33.43.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


BlackRock MuniHoldings Quality Fund II E10 Related Terms


BlackRock MuniHoldings Quality Fund II E10 Historical Data

* Premium members only.

The historical data trend for BlackRock MuniHoldings Quality Fund II's E10 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.

BlackRock MuniHoldings Quality Fund II E10 Chart

BlackRock MuniHoldings Quality Fund II Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.30

BlackRock MuniHoldings Quality Fund II Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25
E10 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 Premium Member Only 0.00 0.00 0.00 0.00 0.30

MUE vs TSI, NPV, SABA: E10 Comparison

For the Asset Management subindustry, BlackRock MuniHoldings Quality Fund II's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


BlackRock MuniHoldings Quality Fund II Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock MuniHoldings Quality Fund II's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where BlackRock MuniHoldings Quality Fund II's Shiller PE Ratio falls into.


MUE
21GF Score
BlackRock MuniHoldings Quality Fund II Inc MUE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock MuniHoldings Quality Fund II E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, BlackRock MuniHoldings Quality Fund II's adjusted earnings per share data for the fiscal year that ended in Jul. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jul. 2025 (Change)*Current CPI (Jul. 2025)
=-0.69/323.0480*323.0480
=-0.690

Current CPI (Jul. 2025) = 323.0480.

BlackRock MuniHoldings Quality Fund II Annual Data

per_share_eps CPI Adj_EPS
201607 1.410 240.628 1.893
201707 -0.120 244.786 -0.158
201807 0.080 252.006 0.103
201907 0.970 256.571 1.221
202007 0.790 259.101 0.985
202107 0.930 273.003 1.100
202207 -1.760 296.276 -1.919
202307 -0.250 305.691 -0.264
202407 0.680 314.540 0.698
202507 -0.690 323.048 -0.690

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.30 mean?
BlackRock MuniHoldings Quality Fund II (MUE) has a E10 of $0.30 as of Jul. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BlackRock MuniHoldings Quality Fund II and its competitors.
Is BlackRock MuniHoldings Quality Fund II's E10 too high?
BlackRock MuniHoldings Quality Fund II's current E10 is $0.30. Overall, BlackRock MuniHoldings Quality Fund II has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock MuniHoldings Quality Fund II's E10 compare to TSI and NPV?
BlackRock MuniHoldings Quality Fund II's E10 of $0.30 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Asset Management company?
A good E10 depends on the Asset Management industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BlackRock MuniHoldings Quality Fund II and its competitors. BlackRock MuniHoldings Quality Fund II's current E10 is $0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock MuniHoldings Quality Fund II stock overvalued right now?
BlackRock MuniHoldings Quality Fund II (MUE) has a current E10 of $0.30. The current E10 is $0.30. BlackRock MuniHoldings Quality Fund II's overall GF Score™ is 21/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For BlackRock MuniHoldings Quality Fund II (MUE), the current E10 is $0.30 as of Jul. 2025. 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.

BlackRock MuniHoldings Quality Fund II Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock MuniHoldings Quality Fund II Inc is a diversified, closed-end management investment company. The fund's investment objective is to provide shareholders with current income exempt from U.S. federal income taxes. The Trust seeks to achieve its investment objective by investing principally in long-term, investment-grade municipal obligations exempt from U.S. federal income taxes. Under normal market conditions, the Trust invests at least 80% of its assets in municipal obligations with remaining maturities of one year or more at the time of investment.
21GF Score

Get the complete analysis for MUE

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.07
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