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Eaton Vance Tax-Mgd Glbl Div Eq (Eaton Vance Tax-Mgd Glbl Div Eq) PB Ratio : 1.00 (As of May. 01, 2024)


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What is Eaton Vance Tax-Mgd Glbl Div Eq 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 (2024-05-01), Eaton Vance Tax-Mgd Glbl Div Eq's share price is $7.97. Eaton Vance Tax-Mgd Glbl Div Eq's Book Value per Share for the quarter that ended in Oct. 2023 was $8.00. Hence, Eaton Vance Tax-Mgd Glbl Div Eq's PB Ratio of today is 1.00.

The historical rank and industry rank for Eaton Vance Tax-Mgd Glbl Div Eq's PB Ratio or its related term are showing as below:

EXG' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.98   Max: 1.33
Current: 1

During the past 7 years, Eaton Vance Tax-Mgd Glbl Div Eq's highest PB Ratio was 1.33. The lowest was 0.62. And the median was 0.98.

EXG's PB Ratio is ranked worse than
62.08% of 1693 companies
in the Asset Management industry
Industry Median: 0.93 vs EXG: 1.00

During the past 12 months, Eaton Vance Tax-Mgd Glbl Div Eq's average Book Value Per Share Growth Rate was 2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.00% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Eaton Vance Tax-Mgd Glbl Div Eq was 6.90% per year. The lowest was -4.90% per year. And the median was -1.95% per year.

Back to Basics: PB Ratio


Eaton Vance Tax-Mgd Glbl Div Eq PB Ratio Historical Data

The historical data trend for Eaton Vance Tax-Mgd Glbl Div Eq'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 Tax-Mgd Glbl Div Eq PB Ratio Chart

Eaton Vance Tax-Mgd Glbl Div Eq Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PB Ratio
Get a 7-Day Free Trial 0.96 0.88 1.02 1.00 0.87

Eaton Vance Tax-Mgd Glbl Div Eq Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 1.00 1.00 0.91 0.87

Competitive Comparison of Eaton Vance Tax-Mgd Glbl Div Eq's PB Ratio

For the Asset Management subindustry, Eaton Vance Tax-Mgd Glbl Div Eq'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 Tax-Mgd Glbl Div Eq's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax-Mgd Glbl Div Eq's PB Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax-Mgd Glbl Div Eq's PB Ratio falls into.



Eaton Vance Tax-Mgd Glbl Div Eq 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 Tax-Mgd Glbl Div Eq's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2023)
=7.97/8
=1.00

* 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 Tax-Mgd Glbl Div Eq  (NYSE:EXG) 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 Tax-Mgd Glbl Div Eq PB Ratio Related Terms

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Eaton Vance Tax-Mgd Glbl Div Eq (Eaton Vance Tax-Mgd Glbl Div Eq) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Tax-Mgd Glbl Div Eq Inc is a diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. It invests in a diversified portfolio of domestic and foreign common stocks with an emphasis on dividend-paying stocks and writes call options on one or more U.S. and foreign indices with respect to a portion of the value of its common stock portfolio to generate current cash flow from the options premium received. Its portfolio of investments consists of capital markets, banks, internet and direct marketing retail, biotechnology, media, oil, gas, and consumable fuels, and other sectors.
Executives
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Williams Ray Kelly Jr officer: President 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
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: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Christopher Dyer other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109