EVM (Eaton Vance California Municipal Bond Fund) PB Ratio: 0.97 (As of Jun. 30, 2026)


EVM Eaton Vance California Municipal Bond Fund EVM
23 GF Score
Price $9.46
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What is Eaton Vance California Municipal Bond Fund PB Ratio?

Eaton Vance California Municipal Bond Fund EVM -0.84% 23 PB Ratio is 0.97 as of Jun. 30, 2026. GuruFocus rates EVM with a GF Score™ of 23/100.

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 (2026-06-30), Eaton Vance California Municipal Bond Fund's share price is $9.46. Eaton Vance California Municipal Bond Fund's Book Value per Share for the quarter that ended in Mar. 2025 was $9.79. Hence, Eaton Vance California Municipal Bond Fund's PB Ratio of today is 0.97.

The historical rank and industry rank for Eaton Vance California Municipal Bond Fund's PB Ratio or its related term are showing as below:

EVM's PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Eaton Vance California Municipal Bond Fund  (AMEX:EVM) 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 California Municipal Bond Fund PB Ratio Related Terms


Eaton Vance California Municipal Bond Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Eaton Vance California Municipal Bond 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.

Eaton Vance California Municipal Bond Fund PB Ratio Chart

Eaton Vance California Municipal Bond Fund Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.96 0.87 0.85 0.36

Eaton Vance California Municipal Bond Fund Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 Premium Member Only Premium Member Only 0.87 0.85 0.91 0.36 0.95

EVM vs TSI, LIEN, JRS: PB Ratio Comparison

For the Asset Management subindustry, Eaton Vance California Municipal Bond 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 California Municipal Bond Fund PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Eaton Vance California Municipal Bond Fund's PB Ratio falls into.


EVM
23GF Score
Eaton Vance California Municipal Bond Fund EVM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eaton Vance California Municipal Bond 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 California Municipal Bond Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2025)
=9.46/9.79
=0.97

* 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 0.97 mean?
Eaton Vance California Municipal Bond Fund (EVM) has a PB Ratio of 0.97 as of Jun. 30, 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 California Municipal Bond Fund and its competitors.
Is Eaton Vance California Municipal Bond Fund's PB Ratio too high?
Eaton Vance California Municipal Bond Fund's current PB Ratio is 0.97. The Asset Management industry median PB Ratio is 0.95. Eaton Vance California Municipal Bond Fund's value of 0.97 is 2.1% above this industry median. Overall, Eaton Vance California Municipal Bond Fund has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance California Municipal Bond Fund's PB Ratio compare to TSI and LIEN?
Eaton Vance California Municipal Bond Fund's PB Ratio of 0.97 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.95. Eaton Vance California Municipal Bond Fund's value of 0.97 is 2.1% above this benchmark. 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 1,600 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 California Municipal Bond Fund's current PB Ratio of 0.97 is 2.1% 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 California Municipal Bond Fund 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 California Municipal Bond Fund's current PB Ratio is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance California Municipal Bond Fund stock overvalued right now?
Eaton Vance California Municipal Bond Fund (EVM) has a current PB Ratio of 0.97. The current PB Ratio is 0.97 and 2.1% above the Asset Management industry median of 0.95. Eaton Vance California Municipal Bond Fund's overall GF Score™ is 23/100. 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 California Municipal Bond Fund (EVM), the current PB Ratio is 0.97 as of Jun. 30, 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 California Municipal Bond Fund Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance California Municipal Bond Fund is an investment company with an objective to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in its specified state. The company provides its solutions to individual investors, institutional investors, high net worth individuals, family office investors, and financial professionals. It offers a range of equity, income, and alternative strategies to institutional investors, both in the United States and internationally.
23GF Score

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

$9.46
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