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Western Asset Highome Oppor Fd (Western Asset Highome Oppor Fd) Price-to-Owner-Earnings : (As of Jun. 15, 2024)


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What is Western Asset Highome Oppor Fd Price-to-Owner-Earnings?

As of today (2024-06-15), Western Asset Highome Oppor Fd's share price is $3.83. Western Asset Highome Oppor Fd does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for Western Asset Highome Oppor Fd's Price-to-Owner-Earnings or its related term are showing as below:


HIO's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.165
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-06-15), Western Asset Highome Oppor Fd's share price is $3.83. Western Asset Highome Oppor Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $0.35. Therefore, Western Asset Highome Oppor Fd's PE Ratio for today is 10.85.

As of today (2024-06-15), Western Asset Highome Oppor Fd's share price is $3.83. Western Asset Highome Oppor Fd's EPS without NRI for the trailing twelve months (TTM) ended in was $0.35. Therefore, Western Asset Highome Oppor Fd's PE Ratio without NRI for today is 10.85.

During the past 7 years, Western Asset Highome Oppor Fd's highest PE Ratio without NRI was 42.83. The lowest was 6.98. And the median was 12.74.


Western Asset Highome Oppor Fd Price-to-Owner-Earnings Historical Data

The historical data trend for Western Asset Highome Oppor Fd's Price-to-Owner-Earnings 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.

Western Asset Highome Oppor Fd Price-to-Owner-Earnings Chart

Western Asset Highome Oppor Fd Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Owner-Earnings
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Western Asset Highome Oppor Fd Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Competitive Comparison of Western Asset Highome Oppor Fd's Price-to-Owner-Earnings

For the Asset Management subindustry, Western Asset Highome Oppor Fd's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Western Asset Highome Oppor Fd's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Highome Oppor Fd's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Western Asset Highome Oppor Fd's Price-to-Owner-Earnings falls into.



Western Asset Highome Oppor Fd Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Western Asset Highome Oppor Fd's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=3.83/0.00
=

* 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.


Western Asset Highome Oppor Fd  (NYSE:HIO) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Western Asset Highome Oppor Fd Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Western Asset Highome Oppor Fd's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Highome Oppor Fd (Western Asset Highome Oppor Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset High Income Oppor Fd Inc is a diversified closed-end management investment company. The company's primary objective is to seek high current income and the secondary objective is capital appreciation. It invests in various sectors such as auto components, hotels, restaurants and leisure, household durables, food & staples, energy, banks, capital markets, consumer finance, insurance, pharmaceuticals, aerospace and defense, and others.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Carol L Colman director 278 HAWLEY RD, NORTH SALEM NY 10560
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018

Western Asset Highome Oppor Fd (Western Asset Highome Oppor Fd) Headlines

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