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Blackrock Enhanced Cap&Inc Fund, (Blackrock Enhanced Cap&Inc Fund,) PE Ratio : 5.61 (As of May. 20, 2024)


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What is Blackrock Enhanced Cap&Inc Fund, PE Ratio?

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-05-20), Blackrock Enhanced Cap&Inc Fund,'s share price is $19.34. Blackrock Enhanced Cap&Inc Fund,'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.45. Therefore, Blackrock Enhanced Cap&Inc Fund,'s PE Ratio for today is 5.61.

Good Sign:

Blackrock Enhanced Cap&Inc Fund, Inc stock PE Ratio (=5.61) is close to 1-year low of 5.3

During the past 7 years, Blackrock Enhanced Cap&Inc Fund,'s highest PE Ratio was 9.83. The lowest was 3.05. And the median was 5.08.

Blackrock Enhanced Cap&Inc Fund,'s EPS (Diluted) for the six months ended in Dec. 2023 was $1.22. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.45.

As of today (2024-05-20), Blackrock Enhanced Cap&Inc Fund,'s share price is $19.34. Blackrock Enhanced Cap&Inc Fund,'s EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3.45. Therefore, Blackrock Enhanced Cap&Inc Fund,'s PE Ratio without NRI ratio for today is 5.61.

During the past 7 years, Blackrock Enhanced Cap&Inc Fund,'s highest PE Ratio without NRI was 9.83. The lowest was 3.05. And the median was 5.08.

Blackrock Enhanced Cap&Inc Fund,'s EPS without NRI for the six months ended in Dec. 2023 was $1.22. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3.45.

During the past 3 years, the average EPS without NRI Growth Rate was 16.00% per year.

During the past 7 years, Blackrock Enhanced Cap&Inc Fund,'s highest 3-Year average EPS without NRI Growth Rate was 16.00% per year. The lowest was -10.70% per year. And the median was 2.65% per year.

Blackrock Enhanced Cap&Inc Fund,'s EPS (Basic) for the six months ended in Dec. 2023 was $1.22. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.45.

Back to Basics: PE Ratio


Blackrock Enhanced Cap&Inc Fund, PE Ratio Historical Data

The historical data trend for Blackrock Enhanced Cap&Inc Fund,'s PE 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.

Blackrock Enhanced Cap&Inc Fund, PE Ratio Chart

Blackrock Enhanced Cap&Inc Fund, Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio
Get a 7-Day Free Trial 4.69 7.87 5.42 At Loss 5.51

Blackrock Enhanced Cap&Inc Fund, Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.42 At Loss At Loss At Loss 5.51

Competitive Comparison of Blackrock Enhanced Cap&Inc Fund,'s PE Ratio

For the Asset Management subindustry, Blackrock Enhanced Cap&Inc Fund,'s PE Ratio, along with its competitors' market caps and PE 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.


Blackrock Enhanced Cap&Inc Fund,'s PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Enhanced Cap&Inc Fund,'s PE Ratio distribution charts can be found below:

* The bar in red indicates where Blackrock Enhanced Cap&Inc Fund,'s PE Ratio falls into.



Blackrock Enhanced Cap&Inc Fund, PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Blackrock Enhanced Cap&Inc Fund,'s PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=19.34/3.450
=5.61

Blackrock Enhanced Cap&Inc Fund,'s Share Price of today is $19.34.
For company reported semi-annually, Blackrock Enhanced Cap&Inc Fund,'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3.45.


* 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:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Blackrock Enhanced Cap&Inc Fund,  (NYSE:CII) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Blackrock Enhanced Cap&Inc Fund, PE Ratio Related Terms

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Blackrock Enhanced Cap&Inc Fund, (Blackrock Enhanced Cap&Inc Fund,) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Enhanced Cap&Inc Fund, Inc is a closed-end management investment company. Its objective is to provide total return through a combination of current income and capital appreciation. The trust seeks to achieve its investment objective by investing a majority of its total assets in a portfolio of equity securities of U.S. and foreign issuers.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Joseph Wolfe other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Christopher Accettella other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Todd Burnside other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Karen P Robards director 800 SCUDDERS MILL RD, PLAINSBORO NJ 08536

Blackrock Enhanced Cap&Inc Fund, (Blackrock Enhanced Cap&Inc Fund,) Headlines

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