BTT (Blackrock Municipal 2030 Target Term Trust) PE Ratio without NRI: 17.19 (As of Jun. 27, 2026) — Near Median


BTT Blackrock Municipal 2030 Target Term Trust BTT
35 GF Score
Price $22.61
! 4 Warning Signs
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What is Blackrock Municipal 2030 Target Term Trust PE Ratio without NRI?

Blackrock Municipal 2030 Target Term Trust BTT -0.04% 35 PE Ratio without NRI is 17.19 as of Jun. 27, 2026, which is 4% below its 10-year median of 17.99. GuruFocus rates BTT with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 1,204 Asset Management companies, Blackrock Municipal 2030 Target Term Trust ranks worse than 67.36% on this metric.

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 (2026-06-27), Blackrock Municipal 2030 Target Term Trust's share price is $22.61. Blackrock Municipal 2030 Target Term Trust's EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2026 was $1.32. Therefore, Blackrock Municipal 2030 Target Term Trust's PE Ratio without NRI for today is 17.19.

During the past 9 years, Blackrock Municipal 2030 Target Term Trust's highest PE Ratio without NRI was 36.34. The lowest was 7.47. And the median was 17.99.

Blackrock Municipal 2030 Target Term Trust's EPS without NRI for the six months ended in Jan. 2026 was $0.85. Its EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2026 was $1.32.

As of today (2026-06-27), Blackrock Municipal 2030 Target Term Trust's share price is $22.61. Blackrock Municipal 2030 Target Term Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was $1.32. Therefore, Blackrock Municipal 2030 Target Term Trust's PE Ratio (TTM) for today is 17.19.

Warning Sign:

Blackrock Municipal 2030 Target Term Trust stock PE Ratio (=24.85) is close to 5-year high of 25.31.

During the past years, Blackrock Municipal 2030 Target Term Trust's highest PE Ratio (TTM) was 36.34. The lowest was 7.47. And the median was 17.99.

Blackrock Municipal 2030 Target Term Trust's EPS (Diluted) for the six months ended in Jan. 2026 was $0.85. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was $1.32.

Blackrock Municipal 2030 Target Term Trust's EPS (Basic) for the six months ended in Jan. 2026 was $0.85. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jan. 2026 was $1.38.


Blackrock Municipal 2030 Target Term Trust  (NYSE:BTT) 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.


Blackrock Municipal 2030 Target Term Trust PE Ratio without NRI Related Terms


Blackrock Municipal 2030 Target Term Trust PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Blackrock Municipal 2030 Target Term Trust'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.

Blackrock Municipal 2030 Target Term Trust PE Ratio without NRI Chart

Blackrock Municipal 2030 Target Term Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only 14.93 At Loss At Loss 23.21 24.35

Blackrock Municipal 2030 Target Term Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
PE Ratio without NRI 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 At Loss 23.21 At Loss 24.35 At Loss

BTT vs CSWC, HYT, TRIN: PE Ratio without NRI Comparison

For the Asset Management subindustry, Blackrock Municipal 2030 Target Term Trust'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.


Blackrock Municipal 2030 Target Term Trust PE Ratio without NRI vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Municipal 2030 Target Term Trust's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Blackrock Municipal 2030 Target Term Trust's PE Ratio without NRI falls into.


BTT
35GF Score
Blackrock Municipal 2030 Target Term Trust BTT
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Municipal 2030 Target Term Trust 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.

Blackrock Municipal 2030 Target Term Trust's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=22.61/1.315
=17.19

Blackrock Municipal 2030 Target Term Trust's Share Price of today is $22.61.
For company reported semi-annually, Blackrock Municipal 2030 Target Term Trust's EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.32.

* 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 (TTM), 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.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 17.19 mean?
Blackrock Municipal 2030 Target Term Trust (BTT) has a PE Ratio without NRI of 17.19 as of Jun. 27, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Blackrock Municipal 2030 Target Term Trust and its competitors. This is near median its historical median of 17.99. Over the past decade, Blackrock Municipal 2030 Target Term Trust's PE Ratio without NRI has ranged from 7.47 to 36.34. According to the industry distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #811 out of 1204 companies in the Asset Management industry, placing it in the top 67.4%.
Is Blackrock Municipal 2030 Target Term Trust's PE Ratio without NRI too high?
Blackrock Municipal 2030 Target Term Trust's current PE Ratio without NRI of 17.19 is near median its 10-year median of 17.99. Over the past 10 years, this metric has ranged from a low of 7.47 to a high of 36.34. The Asset Management industry median PE Ratio without NRI is 11.67. Blackrock Municipal 2030 Target Term Trust's value of 17.19 is 47.4% above this industry median. Based on the distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #811 out of 1204 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackrock Municipal 2030 Target Term Trust has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Municipal 2030 Target Term Trust's PE Ratio without NRI compare to CSWC and HYT?
According to the Asset Management industry distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #811 out of 1204 companies for PE Ratio without NRI. This places Blackrock Municipal 2030 Target Term Trust in the lower half of its industry. The industry median PE Ratio without NRI is 11.67. Blackrock Municipal 2030 Target Term Trust's value of 17.19 is 47.4% above this benchmark. Historically, Blackrock Municipal 2030 Target Term Trust's own PE Ratio without NRI has ranged from 7.47 to 36.34 over the past decade. While the company's 10-year median is 17.99 vs. the industry median of 11.67, Blackrock Municipal 2030 Target Term Trust has consistently been above 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 PE Ratio without NRI for an Asset Management company?
The median PE Ratio without NRI among Asset Management companies is 11.67, based on 1,204 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackrock Municipal 2030 Target Term Trust's current PE Ratio without NRI of 17.19 is 47.4% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Blackrock Municipal 2030 Target Term Trust and its competitors. For the Asset Management industry, the median PE Ratio without NRI is 11.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Municipal 2030 Target Term Trust's current PE Ratio without NRI is 17.19, which is near median its own 10-year median of 17.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Municipal 2030 Target Term Trust stock overvalued right now?
Blackrock Municipal 2030 Target Term Trust (BTT) has a current PE Ratio without NRI of 17.19. The current PE Ratio without NRI is 17.19, which is near median its 10-year median of 17.99 and 47.4% above the Asset Management industry median of 11.67. Blackrock Municipal 2030 Target Term Trust's overall GF Score™ is 35/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Blackrock Municipal 2030 Target Term Trust (BTT), the current PE Ratio without NRI is 17.19 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.

Blackrock Municipal 2030 Target Term Trust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal 2030 Target Term Trust is a United States-based closed-end management investment company. The investment objective of the company is to provide current income exempt from regular federal income tax and to return $25.00 per common share to holders of common shares. The trust seeks to achieve its investment objectives by investing a majority of its assets in municipal bonds exempt from U.S. federal income taxes.
35GF Score

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$22.61
Price