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Eaton Vance Durationome Fund PE Ratio without NRI

: 4.39 (As of Today)
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The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2021-10-17), Eaton Vance Durationome Fund's share price is $13.23. Eaton Vance Durationome Fund's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2021 was $3.02. Therefore, Eaton Vance Durationome Fund's PE Ratio without NRI for today is 4.39.

During the past 11 years, Eaton Vance Durationome Fund's highest PE Ratio without NRI was 25.57. The lowest was 4.16. And the median was 16.00.

Eaton Vance Durationome Fund's EPS without NRI for the six months ended in Mar. 2021 was $0.98. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2021 was $3.02.

As of today (2021-10-17), Eaton Vance Durationome Fund's share price is $13.23. Eaton Vance Durationome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2021 was $. Therefore, Eaton Vance Durationome Fund's PE Ratio for today is N/A.

Good Sign:

Eaton Vance Ltd Duration Income Fund stock PE Ratio (=4.39) is close to 10-year low of 4.16

During the past years, Eaton Vance Durationome Fund's highest PE Ratio was 25.57. The lowest was 4.16. And the median was 16.00.

Eaton Vance Durationome Fund's EPS (Diluted)for the six months ended in Mar. 2021 was $0.98. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2021 was $0.00.

Eaton Vance Durationome Fund's EPS (Basic) for the six months ended in Mar. 2021 was $0.98. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2021 was $3.02.


Eaton Vance Durationome Fund PE Ratio without NRI Historical Data

The historical data trend for Eaton Vance Durationome Fund's PE Ratio without NRI 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 Durationome Fund Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
PE Ratio without NRI
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.06 21.81 23.96 At Loss 4.18

Eaton Vance Durationome Fund Semi-Annual Data
Oct10 Apr11 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21
PE Ratio without NRI 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 Premium Member Only Premium Member Only Premium Member Only 23.96 N/A At Loss N/A 4.18

Competitive Comparison

For the Asset Management subindustry, Eaton Vance Durationome Fund's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 Durationome Fund PE Ratio without NRI Distribution

For the Asset Management industry and Financial Services sector, Eaton Vance Durationome Fund's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Eaton Vance Durationome Fund's PE Ratio without NRI falls into.



Eaton Vance Durationome Fund PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income 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 regular PE Ratio.

Eaton Vance Durationome Fund's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=13.23/3.016
=4.39

Eaton Vance Durationome Fund's Share Price of today is $13.23.
For company reported semi-annually, Eaton Vance Durationome Fund's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3.02.

* 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.

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 case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

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.

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.


Eaton Vance Durationome Fund  (AMEX:EVV) PE Ratio without NRI 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 or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI 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 Ratio s 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.


Eaton Vance Durationome Fund PE Ratio without NRI Related Terms

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Eaton Vance Durationome Fund Business Description

Eaton Vance Durationome Fund logo
Industry
Financial Services » Asset Management NAICS : 523920 SIC : 6799
Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Ltd Duration Income Fund is a diversified closed-end management investment company. The company's investment objective is to provide a high level of current income. The Fund may, as a secondary objective, also seek capital appreciation. The Fund invests primarily in Senior Floating-Rate Loans, Debt Obligations, Equity Securities, Derivatives as well as Foreign Securities and Currencies. The Fund invests in various industries, including aerospace and defense, automotive, building and development, healthcare, leisure amongst others.
Executives
Stein Eric other: Portfolio Manager TWO INTERNATIONAL PLACE BOSTON MA 02110
Ubs Group Ag 10 percent owner BAHNHOFSTRASSE 45 ZURICH V8 CH-8001
Page Scott H other: Portfolio Manager 255 STATE STREET BOSTON MA 02109
Weilheimer Michael W other: Portfolio Manager PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: WEILHEIMER MICHAEL W a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Baccei Kelley other: Portfolio Manager TWO INTERNATIONAL PLACE BOSTON MA 02110
Taggart Harriett Tee other: Trustee 29400 LAKELAND BOULEVARD WICKLIFFE OH 44092
Quinton Keith other: Trustee TWO INTERNATIONAL PLACE BOSTON MA 02110
Smith Marcus L. other: Trustee 555 17TH STREET, SUITE 3700 DCT INDUSTRIAL TRUST INC. DENVER CO 80202
Morgan Stanley 10 percent owner 1585 BROADWAY NEW YORK NY 10036
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES 60 STATE ST. BOSTON MA 02129
Eston Scott other: Trustee TWO INTERNATIONAL PLACE BOSTON MA 02110
Verni Ralph F director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: VERNI RALPH F a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Fetting Mark R other: Trustee LEGG MASON, INC. 100 INTERNATIONAL DRIVE BALTIMORE MD 21202
Wennerholm Scott E other: Trustee TWO INTERNATIONAL PLACE BOSTON MA 02110
Szczurowski Andrew other: Portfolio Manager TWO INTERNATIONAL PLACE BOSTON MA 02110
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