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The historical rank and industry rank for Pioneer Floating Rate Trust's EV-to-OCF or its related term are showing as below:
PHD'
s EV-to-OCF Range Over the Past 10 Years
Min: 1.08 Med: 13.49 Max: 24
Current: 5.2
During the past 8 years, the highest EV-to-OCF of Pioneer Floating Rate Trust was 24.00. The lowest was 1.08. And the median was 13.49.
PHD's EV-to-OCF is not ranked
in the Asset Management industry.
Industry Median: 6.32
vs PHD: 5.20
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Pioneer Floating Rate Trust's PE Ratio (TTM) for today is calculated as:
Pioneer Floating Rate Trust's share price for today is $0.40.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pioneer Floating Rate Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2025 was $0.670.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Pioneer Floating Rate Trust EV-to-OCF Related Terms
Pioneer Floating Rate Trust EV-to-OCF 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.
For the Asset Management subindustry, Pioneer Floating Rate Trust's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Pioneer Floating Rate Trust EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pioneer Floating Rate Trust's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Pioneer Floating Rate Trust's EV-to-OCF falls into.
Pioneer Floating Rate Trust's current Enterprise Value is $64.87 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pioneer Floating Rate Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2025 was $12.48 Mil.
* 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.
Pioneer Floating Rate Trust (PHD) has a EV-to-OCF of 5.20 as of Jul. 31, 2026. This is 61% below median its historical median of 13.49. Over the past decade, Pioneer Floating Rate Trust's EV-to-OCF has ranged from 1.08 to 24.00.
Is Pioneer Floating Rate Trust's EV-to-OCF too high?
Pioneer Floating Rate Trust's current EV-to-OCF of 5.20 is 61% below median its 10-year median of 13.49. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 24.00. The Asset Management industry median EV-to-OCF is 6.32. Pioneer Floating Rate Trust's value of 5.20 is 17.7% below this industry median. Overall, Pioneer Floating Rate Trust has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Pioneer Floating Rate Trust's EV-to-OCF compare to DEFG and PIAC?
Pioneer Floating Rate Trust's EV-to-OCF of 5.20 can be compared against companies in the Asset Management industry. The industry median EV-to-OCF is 6.32. Pioneer Floating Rate Trust's value of 5.20 is 17.7% below this benchmark. Historically, Pioneer Floating Rate Trust's own EV-to-OCF has ranged from 1.08 to 24.00 over the past decade. While the company's 10-year median is 13.49 vs. the industry median of 6.32, Pioneer Floating Rate Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 6.32, based on 1,509 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pioneer Floating Rate Trust's current EV-to-OCF of 5.20 is 17.7% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Floating Rate Trust's current EV-to-OCF is 5.20, which is 61% below median its own 10-year median of 13.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Floating Rate Trust stock overvalued right now?
Pioneer Floating Rate Trust (PHD) has a current EV-to-OCF of 5.20. The current EV-to-OCF is 5.20, which is 61% below median its 10-year median of 13.49 and 17.7% below the Asset Management industry median of 6.32. Pioneer Floating Rate Trust's overall GF Score™ is 12/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Pioneer Floating Rate Trust (PHD), the current EV-to-OCF is 5.20 as of Jul. 31, 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.
Pioneer Floating Rate Trust is a diversified, closed-end fund. It invests in the fixed income markets of the United States. The fund basically invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the other High Yield Loans Index banks.
12GF Score
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