ETX (Eaton Vance Municipalome 2028 Term Trust) PB Ratio: 1.01 (As of Jul. 10, 2026) — Near Median


ETX Eaton Vance Municipal Income 2028 Term Trust ETX
34 GF Score
Price $18.71
! 1 Warning Sign
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What is Eaton Vance Municipalome 2028 Term Trust PB Ratio?

Eaton Vance Municipalome 2028 Term Trust ETX +0.08% 34 PB Ratio is 1.01 as of Jul. 10, 2026, which is 3% above its 10-year median of 0.98. GuruFocus rates ETX with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 1,602 Asset Management companies, Eaton Vance Municipalome 2028 Term Trust ranks worse than 59.3% on this metric.

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 (2026-07-10), Eaton Vance Municipalome 2028 Term Trust's share price is $18.705. Eaton Vance Municipalome 2028 Term Trust's Book Value per Share for the quarter that ended in Jan. 2026 was $18.47. Hence, Eaton Vance Municipalome 2028 Term Trust's PB Ratio of today is 1.01.

The historical rank and industry rank for Eaton Vance Municipalome 2028 Term Trust's PB Ratio or its related term are showing as below:

ETX' s PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 0.98   Max: 1.08
Current: 1.01

During the past 9 years, Eaton Vance Municipalome 2028 Term Trust's highest PB Ratio was 1.08. The lowest was 0.84. And the median was 0.98.

ETX's PB Ratio is ranked worse than
59.3% of 1602 companies
in the Asset Management industry
Industry Median: 0.95 vs ETX: 1.01

During the past 12 months, Eaton Vance Municipalome 2028 Term Trust's average Book Value Per Share Growth Rate was -0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.40% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Eaton Vance Municipalome 2028 Term Trust was 2.40% per year. The lowest was -4.80% per year. And the median was -2.45% per year.

Back to Basics: PB Ratio


Eaton Vance Municipalome 2028 Term Trust  (NYSE:ETX) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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 Municipalome 2028 Term Trust PB Ratio Related Terms


Eaton Vance Municipalome 2028 Term Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Eaton Vance Municipalome 2028 Term Trust'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.

Eaton Vance Municipalome 2028 Term Trust PB Ratio Chart

Eaton Vance Municipalome 2028 Term Trust Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.99 0.96 0.94 0.98 1.02

Eaton Vance Municipalome 2028 Term Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
PB Ratio 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 0.94 0.99 0.98 0.99 1.02

ETX vs DMB, FT, IDE: PB Ratio Comparison

For the Asset Management subindustry, Eaton Vance Municipalome 2028 Term Trust'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 Municipalome 2028 Term Trust PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Municipalome 2028 Term Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance Municipalome 2028 Term Trust's PB Ratio falls into.


ETX
34GF Score
Eaton Vance Municipal Income 2028 Term Trust ETX
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eaton Vance Municipalome 2028 Term Trust 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 Municipalome 2028 Term Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2026)
=18.705/18.471
=1.01

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.01 mean?
Eaton Vance Municipalome 2028 Term Trust (ETX) has a PB Ratio of 1.01 as of Jul. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eaton Vance Municipalome 2028 Term Trust and its competitors. This is near median its historical median of 0.98. Over the past decade, Eaton Vance Municipalome 2028 Term Trust's PB Ratio has ranged from 0.84 to 1.08. According to the industry distribution chart, Eaton Vance Municipalome 2028 Term Trust ranks #950 out of 1602 companies in the Asset Management industry, placing it in the top 59.3%.
Is Eaton Vance Municipalome 2028 Term Trust's PB Ratio too high?
Eaton Vance Municipalome 2028 Term Trust's current PB Ratio of 1.01 is near median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.08. The Asset Management industry median PB Ratio is 0.95. Eaton Vance Municipalome 2028 Term Trust's value of 1.01 is 6.3% above this industry median. Based on the distribution chart, Eaton Vance Municipalome 2028 Term Trust ranks #950 out of 1602 companies in the Asset Management industry, which is below the industry midpoint. Overall, Eaton Vance Municipalome 2028 Term Trust has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Municipalome 2028 Term Trust's PB Ratio compare to DMB and FT?
According to the Asset Management industry distribution chart, Eaton Vance Municipalome 2028 Term Trust ranks #950 out of 1602 companies for PB Ratio. This places Eaton Vance Municipalome 2028 Term Trust in the lower half of its industry. The industry median PB Ratio is 0.95. Eaton Vance Municipalome 2028 Term Trust's value of 1.01 is 6.3% above this benchmark. Historically, Eaton Vance Municipalome 2028 Term Trust's own PB Ratio has ranged from 0.84 to 1.08 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.95, Eaton Vance Municipalome 2028 Term Trust has consistently been above 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 PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,602 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eaton Vance Municipalome 2028 Term Trust's current PB Ratio of 1.01 is 6.3% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eaton Vance Municipalome 2028 Term Trust and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Municipalome 2028 Term Trust's current PB Ratio is 1.01, which is near median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Municipalome 2028 Term Trust stock overvalued right now?
Eaton Vance Municipalome 2028 Term Trust (ETX) has a current PB Ratio of 1.01. The current PB Ratio is 1.01, which is near median its 10-year median of 0.98 and 6.3% above the Asset Management industry median of 0.95. Eaton Vance Municipalome 2028 Term Trust's overall GF Score™ is 34/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Eaton Vance Municipalome 2028 Term Trust (ETX), the current PB Ratio is 1.01 as of Jul. 10, 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.

Eaton Vance Municipalome 2028 Term Trust Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance Municipal Income 2028 Term Trust is a closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax. It provides investing and wealth management solutions to financial advisors and high-net-worth individuals. The Trust operates as a single reportable segment.
34GF Score

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