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EVG (Eaton Vance Short Duration Diversifiedome Fund) PB Ratio : 1.02 (As of Dec. 15, 2024)


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What is Eaton Vance Short Duration Diversifiedome Fund PB Ratio?

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 (2024-12-15), Eaton Vance Short Duration Diversifiedome Fund's share price is $11.32. Eaton Vance Short Duration Diversifiedome Fund's Book Value per Share for the quarter that ended in Apr. 2024 was $11.05. Hence, Eaton Vance Short Duration Diversifiedome Fund's PB Ratio of today is 1.02.

Good Sign:

Eaton Vance Short Duration Diversified Income Fund stock PB Ratio (=1.02) is close to 1-year low of 0.99

The historical rank and industry rank for Eaton Vance Short Duration Diversifiedome Fund's PB Ratio or its related term are showing as below:

EVG' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.92   Max: 1.08
Current: 1.02

During the past 7 years, Eaton Vance Short Duration Diversifiedome Fund's highest PB Ratio was 1.08. The lowest was 0.71. And the median was 0.92.

EVG's PB Ratio is ranked worse than
64.38% of 1662 companies
in the Asset Management industry
Industry Median: 0.94 vs EVG: 1.02

During the past 12 months, Eaton Vance Short Duration Diversifiedome Fund's average Book Value Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Eaton Vance Short Duration Diversifiedome Fund was -3.30% per year. The lowest was -10.30% per year. And the median was -6.10% per year.

Back to Basics: PB Ratio


Eaton Vance Short Duration Diversifiedome Fund PB Ratio Historical Data

The historical data trend for Eaton Vance Short Duration Diversifiedome Fund'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.

* Premium members only.

Eaton Vance Short Duration Diversifiedome Fund PB Ratio Chart

Eaton Vance Short Duration Diversifiedome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PB Ratio
Get a 7-Day Free Trial 0.91 0.90 1.02 1.01 0.95

Eaton Vance Short Duration Diversifiedome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 0.93 1.01 0.93 0.95 0.94

Competitive Comparison of Eaton Vance Short Duration Diversifiedome Fund's PB Ratio

For the Asset Management subindustry, Eaton Vance Short Duration Diversifiedome Fund'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 Short Duration Diversifiedome Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Short Duration Diversifiedome Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance Short Duration Diversifiedome Fund's PB Ratio falls into.



Eaton Vance Short Duration Diversifiedome Fund 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 Short Duration Diversifiedome Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2024)
=11.32/11.053
=1.02

* 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.


Eaton Vance Short Duration Diversifiedome Fund  (NYSE:EVG) 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 Short Duration Diversifiedome Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Eaton Vance Short Duration Diversifiedome Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance Short Duration Diversifiedome Fund Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Short Duration Diversified Income Fund is a diversified, closed-end management investment company. Its primary investment objective is to provide a high level of current income with a secondary objective of seeking capital appreciation to the extent consistent with its primary goal. The portfolio of investments consists of business equipment and services, automotive, cable and satellite television, chemicals and plastics, food products, and other areas.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer 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
Federico C Sequeda other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Ali Akbar Causer 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
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Froio Richard F Sr officer: [email protected] C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott H Page officer: Vice President 255 STATE STREET, BOSTON MA 02109
Sarah Orvin other: Portfolio Manager 2 INTERNATIONAL PLACE, BOSTON MA 02110