ETV (Eaton Vance Tax-Managed Buy-Write Opp) PB Ratio: 0.93 (As of Jun. 27, 2026) — Near Median


ETV Eaton Vance Tax-Managed Buy-Write Opp ETV
60 GF Score
Price $14.58
GF Value $12.29
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Eaton Vance Tax-Managed Buy-Write Opp PB Ratio?

Eaton Vance Tax-Managed Buy-Write Opp ETV +0.14% 60 PB Ratio is 0.93 as of Jun. 27, 2026, which is 8% below its 10-year median of 1.01. GuruFocus rates ETV with a GF Score™ of 60/100 and a GF Value™ of $12.29 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,604 Asset Management companies, Eaton Vance Tax-Managed Buy-Write Opp ranks better than 55.24% 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 (2026-06-27), Eaton Vance Tax-Managed Buy-Write Opp's share price is $14.58. Eaton Vance Tax-Managed Buy-Write Opp's Book Value per Share for the quarter that ended in Dec. 2025 was $15.66. Hence, Eaton Vance Tax-Managed Buy-Write Opp's PB Ratio of today is 0.93.

The historical rank and industry rank for Eaton Vance Tax-Managed Buy-Write Opp's PB Ratio or its related term are showing as below:

ETV' s PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.01   Max: 1.17
Current: 0.93

During the past 9 years, Eaton Vance Tax-Managed Buy-Write Opp's highest PB Ratio was 1.17. The lowest was 0.66. And the median was 1.01.

ETV's PB Ratio is ranked better than
55.24% of 1604 companies
in the Asset Management industry
Industry Median: 0.95 vs ETV: 0.93

During the past 12 months, Eaton Vance Tax-Managed Buy-Write Opp's average Book Value Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Eaton Vance Tax-Managed Buy-Write Opp was 9.00% per year. The lowest was -6.20% per year. And the median was -1.85% per year.

Back to Basics: PB Ratio


Eaton Vance Tax-Managed Buy-Write Opp  (NYSE:ETV) 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-Managed Buy-Write Opp PB Ratio Related Terms


Eaton Vance Tax-Managed Buy-Write Opp PB Ratio Historical Data

* Premium members only.

The historical data trend for Eaton Vance Tax-Managed Buy-Write Opp'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 Tax-Managed Buy-Write Opp PB Ratio Chart

Eaton Vance Tax-Managed Buy-Write Opp Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.04 1.01 0.93 0.96 0.92

Eaton Vance Tax-Managed Buy-Write Opp Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.93 0.96 0.96 0.96 0.92

ETV vs GAB, BST, USA: PB Ratio Comparison

For the Asset Management subindustry, Eaton Vance Tax-Managed Buy-Write Opp'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-Managed Buy-Write Opp PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax-Managed Buy-Write Opp's PB Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax-Managed Buy-Write Opp's PB Ratio falls into.


ETV
60GF Score
Eaton Vance Tax-Managed Buy-Write Opp ETV
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eaton Vance Tax-Managed Buy-Write Opp 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-Managed Buy-Write Opp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=14.58/15.656
=0.93

* 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 0.93 mean?
Eaton Vance Tax-Managed Buy-Write Opp (ETV) has a PB Ratio of 0.93 as of Jun. 27, 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 Tax-Managed Buy-Write Opp and its competitors. This is near median its historical median of 1.01. Over the past decade, Eaton Vance Tax-Managed Buy-Write Opp's PB Ratio has ranged from 0.66 to 1.17. According to the industry distribution chart, Eaton Vance Tax-Managed Buy-Write Opp ranks #718 out of 1604 companies in the Asset Management industry, placing it in the top 44.8%.
Is Eaton Vance Tax-Managed Buy-Write Opp's PB Ratio too high?
Eaton Vance Tax-Managed Buy-Write Opp's current PB Ratio of 0.93 is near median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.17. The Asset Management industry median PB Ratio is 0.95. Eaton Vance Tax-Managed Buy-Write Opp's value of 0.93 is 2.1% below this industry median. Based on the distribution chart, Eaton Vance Tax-Managed Buy-Write Opp ranks #718 out of 1604 companies in the Asset Management industry, which is above the industry midpoint. Overall, Eaton Vance Tax-Managed Buy-Write Opp has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Tax-Managed Buy-Write Opp's PB Ratio compare to GAB and BST?
According to the Asset Management industry distribution chart, Eaton Vance Tax-Managed Buy-Write Opp ranks #718 out of 1604 companies for PB Ratio. This puts Eaton Vance Tax-Managed Buy-Write Opp in the upper half of its industry. The industry median PB Ratio is 0.95. Eaton Vance Tax-Managed Buy-Write Opp's value of 0.93 is 2.1% below this benchmark. Historically, Eaton Vance Tax-Managed Buy-Write Opp's own PB Ratio has ranged from 0.66 to 1.17 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.95, Eaton Vance Tax-Managed Buy-Write Opp 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 PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,604 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 Tax-Managed Buy-Write Opp's current PB Ratio of 0.93 is 2.1% 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 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 Tax-Managed Buy-Write Opp 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 Tax-Managed Buy-Write Opp's current PB Ratio is 0.93, which is near median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Tax-Managed Buy-Write Opp stock overvalued right now?
Based on GuruFocus' analysis, Eaton Vance Tax-Managed Buy-Write Opp (ETV) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.29, compared to a current price of $14.58 — trading 18.6% above its estimated fair value. The current PB Ratio is 0.93, which is near median its 10-year median of 1.01 and 2.1% below the Asset Management industry median of 0.95. Eaton Vance Tax-Managed Buy-Write Opp's overall GF Score™ is 60/100 with 6 warning signs 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 Tax-Managed Buy-Write Opp (ETV), the current PB Ratio is 0.93 as of Jun. 27, 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.

Is Eaton Vance Tax-Managed Buy-Write Opp (ETV) Overvalued in 2026?

Based on GuruFocus' analysis, Eaton Vance Tax-Managed Buy-Write Opp stock appears to be overvalued. The current stock price of $14.58 is trading 18.6% above its estimated GF Value™ of $12.29. GuruFocus considers Eaton Vance Tax-Managed Buy-Write Opp to be Modestly Overvalued.

Key valuation signals for ETV:

  • PB Ratio: 0.93 (near median its 10-year median of 1.01)
  • GF Value™: $12.29 vs. price of $14.58 (18.6% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 2.1% below the Asset Management median (#718 of 1604)

No single metric tells the full story. See the ETV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eaton Vance Tax-Managed Buy-Write Opp Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance Tax-Managed Buy-Write Opp is a United States-based 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. Under normal market conditions, the Fund invests at least 80% of its total assets in a diversified portfolio of common stocks, designated segments of which seek to exceed the total return performance of the S&P 500 and the NASDAQ-100.
60GF Score

Get the complete analysis for ETV

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

$14.58
Price
$12.29
GF Value