Eaton Vance Short Duration Diversifiedome Fund (NYSE:EVG) PE Ratio (TTM) Explanation
The PE Ratio (TTM) 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 (TTM) 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 (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) 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 (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) 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 (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) 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.
Investors need to be aware that the PE Ratio (TTM) 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 (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) 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 (TTM).
Eaton Vance Short Duration Diversifiedome Fund PE Ratio (TTM) Related Terms
Eaton Vance Short Duration Diversifiedome Fund PE Ratio (TTM) Historical Data
* 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 Short Duration Diversifiedome Fund PE Ratio (TTM) Chart
Eaton Vance Short Duration Diversifiedome Fund Annual Data
For the Asset Management subindustry, Eaton Vance Short Duration Diversifiedome Fund's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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 Short Duration Diversifiedome Fund PE Ratio (TTM) vs Asset Management Industry
Eaton Vance Short Duration Diversifiedome Fund PE Ratio (TTM) Calculation
The PE Ratio (TTM), 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.
Eaton Vance Short Duration Diversifiedome Fund's Share Price of today is $10.76.
For company reported semi-annually, Eaton Vance Short Duration Diversifiedome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.04.
* 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 Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
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. 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.
Eaton Vance Short Duration Diversifiedome Fund (EVG) has a PE Ratio (TTM) of 10.40 as of Jul. 01, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Eaton Vance Short Duration Diversifiedome Fund and its competitors. This is near median its historical median of 10.79. Over the past decade, Eaton Vance Short Duration Diversifiedome Fund's PE Ratio (TTM) has ranged from 6.44 to 46.96. According to the industry distribution chart, Eaton Vance Short Duration Diversifiedome Fund ranks #552 out of 1201 companies in the Asset Management industry, placing it in the top 46%.
Is Eaton Vance Short Duration Diversifiedome Fund's PE Ratio (TTM) too high?
Eaton Vance Short Duration Diversifiedome Fund's current PE Ratio (TTM) of 10.40 is near median its 10-year median of 10.79. Over the past 10 years, this metric has ranged from a low of 6.44 to a high of 46.96. The Asset Management industry median PE Ratio (TTM) is 11.45. Eaton Vance Short Duration Diversifiedome Fund's value of 10.40 is 9.2% below this industry median. Based on the distribution chart, Eaton Vance Short Duration Diversifiedome Fund ranks #552 out of 1201 companies in the Asset Management industry, which is above the industry midpoint. Overall, Eaton Vance Short Duration Diversifiedome Fund has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Short Duration Diversifiedome Fund's PE Ratio (TTM) compare to BCV and MPA?
According to the Asset Management industry distribution chart, Eaton Vance Short Duration Diversifiedome Fund ranks #552 out of 1201 companies for PE Ratio (TTM). This puts Eaton Vance Short Duration Diversifiedome Fund in the upper half of its industry. The industry median PE Ratio (TTM) is 11.45. Eaton Vance Short Duration Diversifiedome Fund's value of 10.40 is 9.2% below this benchmark. Historically, Eaton Vance Short Duration Diversifiedome Fund's own PE Ratio (TTM) has ranged from 6.44 to 46.96 over the past decade. While the company's 10-year median is 10.79 vs. the industry median of 11.45, Eaton Vance Short Duration Diversifiedome Fund 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 PE Ratio (TTM) for an Asset Management company?
The median PE Ratio (TTM) among Asset Management companies is 11.45, based on 1,201 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eaton Vance Short Duration Diversifiedome Fund's current PE Ratio (TTM) of 10.40 is 9.2% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Eaton Vance Short Duration Diversifiedome Fund and its competitors. For the Asset Management industry, the median PE Ratio (TTM) is 11.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Short Duration Diversifiedome Fund's current PE Ratio (TTM) is 10.40, which is near median its own 10-year median of 10.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Short Duration Diversifiedome Fund stock overvalued right now?
Based on GuruFocus' analysis, Eaton Vance Short Duration Diversifiedome Fund (EVG) is currently considered Fairly Valued. The stock's GF Value™ is $10.13, compared to a current price of $10.76 — trading 6.2% above its estimated fair value. The current PE Ratio (TTM) is 10.40, which is near median its 10-year median of 10.79 and 9.2% below the Asset Management industry median of 11.45. Eaton Vance Short Duration Diversifiedome Fund's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Eaton Vance Short Duration Diversifiedome Fund (EVG), the current PE Ratio (TTM) is 10.40 as of Jul. 01, 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 Short Duration Diversifiedome Fund (EVG) Overvalued in 2026?
Based on GuruFocus' analysis, Eaton Vance Short Duration Diversifiedome Fund stock appears to be overvalued.
The current stock price of $10.76 is trading 6.2% above its estimated GF Value™ of $10.13.
GuruFocus considers Eaton Vance Short Duration Diversifiedome Fund to be Fairly Valued.
Key valuation signals for EVG:
PE Ratio (TTM): 10.40 (near median its 10-year median of 10.79)
GF Value™: $10.13 vs. price of $10.76 (6.2% above fair value)
Industry Position: 9.2% below the Asset Management median (#552 of 1201)
No single metric tells the full story. See the EVG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eaton Vance Short Duration Diversifiedome Fund Business Description
Eaton Vance Short Duration Diversified Income Fund is a diversified, closed-end management investment company. Its primary investment objective is to provide a high level of current income with a secondary objective of seeking capital appreciation to the extent consistent with its primary goal. The portfolio of investments consists of business equipment and services, automotive, cable and satellite television, chemicals and plastics, food products, and other areas.
54GF Score
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PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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