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Virtus Dividend, Interest & Premium Strategy Fund PE Ratio

: 5.75 (As of Today)
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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 (2022-06-30), Virtus Dividend, Interest & Premium Strategy Fund's share price is $11.6206. Virtus Dividend, Interest & Premium Strategy Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2022 was $2.02. Therefore, Virtus Dividend, Interest & Premium Strategy Fund's PE Ratio for today is 5.75.


The historical rank and industry rank for Virtus Dividend, Interest & Premium Strategy Fund's PE Ratio or its related term are showing as below:

NFJ' s PE Ratio Range Over the Past 10 Years
Min: 4.8   Med: 7.25   Max: 9.07
Current: 5.83


During the past 5 years, the highest PE Ratio of Virtus Dividend, Interest & Premium Strategy Fund was 9.07. The lowest was 4.80. And the median was 7.25.


NFJ's PE Ratio is ranked better than
62.15% of 1329 companies
in the Asset Management industry
Industry Median: 7.92 vs NFJ: 5.83

Virtus Dividend, Interest & Premium Strategy Fund's Earnings per Share (Diluted) for the six months ended in Jan. 2022 was $-0.16. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2022 was $2.02.

As of today (2022-06-30), Virtus Dividend, Interest & Premium Strategy Fund's share price is $11.6206. Virtus Dividend, Interest & Premium Strategy Fund's EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2022 was $2.02. Therefore, Virtus Dividend, Interest & Premium Strategy Fund's PE Ratio without NRI for today is 5.75.

During the past 5 years, Virtus Dividend, Interest & Premium Strategy Fund's highest PE Ratio without NRI was 9.07. The lowest was 4.80. And the median was 7.25.

Virtus Dividend, Interest & Premium Strategy Fund's EPS without NRI for the six months ended in Jan. 2022 was $-0.16. Its EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2022 was $2.02.

During the past 12 months, Virtus Dividend, Interest & Premium Strategy Fund's average EPS without NRI Growth Rate was 14.10% per year.

During the past 5 years, Virtus Dividend, Interest & Premium Strategy Fund's highest 3-Year average EPS without NRI Growth Rate was 0.80% per year. The lowest was 0.80% per year. And the median was 0.80% per year.

Virtus Dividend, Interest & Premium Strategy Fund's EPS (Basic) for the six months ended in Jan. 2022 was $-0.16. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jan. 2022 was $2.02.


Virtus Dividend, Interest & Premium Strategy Fund PE Ratio Historical Data

The historical data trend for Virtus Dividend, Interest & Premium Strategy 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.

Virtus Dividend, Interest & Premium Strategy Fund Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22
PE Ratio
7.82 At Loss 7.61 7.50 7.29

Virtus Dividend, Interest & Premium Strategy Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.61 N/A 7.50 At Loss 7.29

Competitive Comparison

For the Asset Management subindustry, Virtus Dividend, Interest & Premium Strategy 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.

   

Virtus Dividend, Interest & Premium Strategy Fund PE Ratio Distribution

For the Asset Management industry and Financial Services sector, Virtus Dividend, Interest & Premium Strategy Fund's PE Ratio distribution charts can be found below:

* The bar in red indicates where Virtus Dividend, Interest & Premium Strategy Fund's PE Ratio falls into.



Virtus Dividend, Interest & Premium Strategy 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.

Virtus Dividend, Interest & Premium Strategy Fund's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=11.6206/2.020
=5.75

Virtus Dividend, Interest & Premium Strategy Fund's Share Price of today is $11.6206.
For company reported semi-annually, Virtus Dividend, Interest & Premium Strategy Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.02.

* 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.

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 or PE Ratio (TTM), 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.


Virtus Dividend, Interest & Premium Strategy Fund  (NYSE:NFJ) 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.


Virtus Dividend, Interest & Premium Strategy Fund PE Ratio Related Terms

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Virtus Dividend, Interest & Premium Strategy Fund Business Description

Virtus Dividend, Interest & Premium Strategy Fund logo
Industry
Financial Services » Asset Management NAICS : 523991 SIC : 6733
Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301
Virtus Dividend, Interest & Premium Strategy Fund is a Massachusetts-based business trust. Its primary investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. The fund pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities.
Executives
Mowrey John R. other: Portfolio Manager 1633 BROADWAY NEW YORK NY 10019
Oliver Thomas W Jr other: Affiliated Person 2121 SAN JACINTO DRIVE DALLAS TX 75201
Pushpaharan Gem other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Viggiano John other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Cogan Sarah E director 1633 BROADWAY NEW YORK NY 10019
Macleod James S director 250 E KILBOURN AVE MILWAUKEE WI 53202
Parker Jeffrey D other: See Remarks 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105
Holt Erick director 1633 BROADWAY NEW YORK NY 10019
Ruckman Craig officer: Assistant Secretary 1633 BROADWAY NEW YORK NY 10019
Rappaport Alan director C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Magnuson Paul A other: Portfolio Manager 2121 SAN JACINTO, SUITE 1840 DALLAS TX 75201
Mildner Heiko other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Thompson Kathleen C. other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Fischer Ben J other: Portfolio Manager 1633 BROADWAY NEW YORK NY 10019
Grau William other: SEE REMARKS C/O ALLIANZ GLOBAL INVESTORS U.S. LLC 1633 BROADWAY NEW YORK NY 10019

Virtus Dividend, Interest & Premium Strategy Fund Headlines

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