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Blackrock Muniyield Pennsylvania Quality Fund (Blackrock Muniyield Pennsylvania Quality Fund) PE Ratio (TTM) : 55.72 (As of May. 27, 2024)


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What is Blackrock Muniyield Pennsylvania Quality Fund PE Ratio (TTM)?

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). As of today (2024-05-27), Blackrock Muniyield Pennsylvania Quality Fund's share price is $11.98. Blackrock Muniyield Pennsylvania Quality Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 was $0.22. Therefore, Blackrock Muniyield Pennsylvania Quality Fund's PE Ratio (TTM) for today is 55.72.


The historical rank and industry rank for Blackrock Muniyield Pennsylvania Quality Fund's PE Ratio (TTM) or its related term are showing as below:

MPA' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 8.13   Med: 22.77   Max: 58.75
Current: 55.72


During the past 7 years, the highest PE Ratio (TTM) of Blackrock Muniyield Pennsylvania Quality Fund was 58.75. The lowest was 8.13. And the median was 22.77.


MPA's PE Ratio (TTM) is ranked worse than
88.8% of 1188 companies
in the Asset Management industry
Industry Median: 13.25 vs MPA: 55.72

Blackrock Muniyield Pennsylvania Quality Fund's Earnings per Share (Diluted) for the six months ended in Jan. 2024 was $0.31. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 was $0.22.

As of today (2024-05-27), Blackrock Muniyield Pennsylvania Quality Fund's share price is $11.98. Blackrock Muniyield Pennsylvania Quality Fund's EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2024 was $0.22. Therefore, Blackrock Muniyield Pennsylvania Quality Fund's PE Ratio without NRI for today is 54.70.

During the past 7 years, Blackrock Muniyield Pennsylvania Quality Fund's highest PE Ratio without NRI was 58.75. The lowest was 8.13. And the median was 22.77.

Blackrock Muniyield Pennsylvania Quality Fund's EPS without NRI for the six months ended in Jan. 2024 was $0.31. Its EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2024 was $0.22.

During the past 7 years, Blackrock Muniyield Pennsylvania Quality Fund's highest 3-Year average EPS without NRI Growth Rate was 71.50% per year. The lowest was 71.50% per year. And the median was 71.50% per year.

Blackrock Muniyield Pennsylvania Quality Fund's EPS (Basic) for the six months ended in Jan. 2024 was $0.31. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jan. 2024 was $0.23.


Blackrock Muniyield Pennsylvania Quality Fund PE Ratio (TTM) Historical Data

The historical data trend for Blackrock Muniyield Pennsylvania Quality Fund's PE Ratio (TTM) 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 Muniyield Pennsylvania Quality Fund PE Ratio (TTM) Chart

Blackrock Muniyield Pennsylvania Quality Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PE Ratio (TTM)
Get a 7-Day Free Trial 9.92 23.48 13.41 At Loss At Loss

Blackrock Muniyield Pennsylvania Quality Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss At Loss At Loss At Loss At Loss

Competitive Comparison of Blackrock Muniyield Pennsylvania Quality Fund's PE Ratio (TTM)

For the Asset Management subindustry, Blackrock Muniyield Pennsylvania Quality 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.


Blackrock Muniyield Pennsylvania Quality Fund's PE Ratio (TTM) Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniyield Pennsylvania Quality Fund's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Blackrock Muniyield Pennsylvania Quality Fund's PE Ratio (TTM) falls into.



Blackrock Muniyield Pennsylvania Quality 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.

Blackrock Muniyield Pennsylvania Quality Fund's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=11.98/0.215
=55.72

Blackrock Muniyield Pennsylvania Quality Fund's Share Price of today is $11.98.
For company reported semi-annually, Blackrock Muniyield Pennsylvania Quality Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.22.

* 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:

PE Ratio (TTM)=Market Cap /Net Income

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.


Blackrock Muniyield Pennsylvania Quality Fund  (NYSE:MPA) 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.

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 (TTM) 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 (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).


Blackrock Muniyield Pennsylvania Quality Fund PE Ratio (TTM) Related Terms

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Blackrock Muniyield Pennsylvania Quality Fund (Blackrock Muniyield Pennsylvania Quality Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniyield Pennsylvania Quality Fund is a closed-end fund with investment objective is to provide shareholders with current income exempt from U.S. federal and Pennsylvania income taxes.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Securities (usa) Llc 10 percent owner ONE VANDERBILT AVENUE, NEW YORK NY 10017
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124