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Eaton Vance National Municipal Opportunities Trust (Eaton Vance National Municipal Opportunities Trust) Price-to-Tangible-Book : 0.96 (As of May. 05, 2024)


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What is Eaton Vance National Municipal Opportunities Trust Price-to-Tangible-Book?

As of today (2024-05-05), Eaton Vance National Municipal Opportunities Trust's share price is $16.43. Eaton Vance National Municipal Opportunities Trust's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $17.06. Hence, Eaton Vance National Municipal Opportunities Trust's Price to Tangible Book Ratio of today is 0.96.

The historical rank and industry rank for Eaton Vance National Municipal Opportunities Trust's Price-to-Tangible-Book or its related term are showing as below:

EOT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95   Med: 0.97   Max: 1.08
Current: 0.96

During the past 6 years, Eaton Vance National Municipal Opportunities Trust's highest Price to Tangible Book Ratio was 1.08. The lowest was 0.95. And the median was 0.97.

EOT's Price-to-Tangible-Book is ranked worse than
52.06% of 1625 companies
in the Asset Management industry
Industry Median: 0.95 vs EOT: 0.96

A closely related ratio is called PB Ratio. As of today, Eaton Vance National Municipal Opportunities Trust's share price is $16.43. Eaton Vance National Municipal Opportunities Trust's Book Value per Sharefor the quarter that ended in Sep. 2023 was $17.06. Hence, Eaton Vance National Municipal Opportunities Trust's P/B Ratio of today is 0.96.


Eaton Vance National Municipal Opportunities Trust Price-to-Tangible-Book Historical Data

The historical data trend for Eaton Vance National Municipal Opportunities Trust's Price-to-Tangible-Book 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.

Eaton Vance National Municipal Opportunities Trust Price-to-Tangible-Book Chart

Eaton Vance National Municipal Opportunities Trust Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.00 0.95 1.04 0.95 0.96

Eaton Vance National Municipal Opportunities Trust Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 0.95 0.95 0.96 0.95

Competitive Comparison of Eaton Vance National Municipal Opportunities Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Eaton Vance National Municipal Opportunities Trust's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 National Municipal Opportunities Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance National Municipal Opportunities Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Eaton Vance National Municipal Opportunities Trust's Price-to-Tangible-Book falls into.



Eaton Vance National Municipal Opportunities Trust Price-to-Tangible-Book Calculation

Eaton Vance National Municipal Opportunities Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=16.43/17.058
=0.96

* 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:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Eaton Vance National Municipal Opportunities Trust Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Eaton Vance National Municipal Opportunities Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance National Municipal Opportunities Trust (Eaton Vance National Municipal Opportunities Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance National Municipal Opportunities Trust is a diversified, closed-end management investment company. The company's investment objective is to provide current income exempt from regular federal income tax and to achieve capital appreciation.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
William J Delahunty other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance National Municipal Opportunities Trust (Eaton Vance National Municipal Opportunities Trust) Headlines