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Eaton Vance California Municipal Bond Fund (Eaton Vance California Municipal Bond Fund) Price-to-Tangible-Book : 0.98 (As of May. 01, 2024)


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What is Eaton Vance California Municipal Bond Fund Price-to-Tangible-Book?

As of today (2024-05-01), Eaton Vance California Municipal Bond Fund's share price is $9.37. Eaton Vance California Municipal Bond Fund's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $9.57. Hence, Eaton Vance California Municipal Bond Fund's Price to Tangible Book Ratio of today is 0.98.

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

EVM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85   Med: 0.9   Max: 1.04
Current: 0.98

During the past 13 years, Eaton Vance California Municipal Bond Fund's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.85. And the median was 0.90.

EVM's Price-to-Tangible-Book is ranked worse than
57.05% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs EVM: 0.98

A closely related ratio is called PB Ratio. As of today, Eaton Vance California Municipal Bond Fund's share price is $9.37. Eaton Vance California Municipal Bond Fund's Book Value per Sharefor the quarter that ended in Sep. 2023 was $9.57. Hence, Eaton Vance California Municipal Bond Fund's P/B Ratio of today is 0.98.


Eaton Vance California Municipal Bond Fund Price-to-Tangible-Book Historical Data

The historical data trend for Eaton Vance California Municipal Bond Fund'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 California Municipal Bond Fund Price-to-Tangible-Book Chart

Eaton Vance California Municipal Bond Fund Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.90 0.96 0.87 0.85

Eaton Vance California Municipal Bond Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.89 0.87 0.87 0.85

Competitive Comparison of Eaton Vance California Municipal Bond Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Eaton Vance California Municipal Bond Fund'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 California Municipal Bond Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Eaton Vance California Municipal Bond Fund's Price-to-Tangible-Book falls into.



Eaton Vance California Municipal Bond Fund Price-to-Tangible-Book Calculation

Eaton Vance California Municipal Bond Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=9.37/9.572
=0.98

* 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 California Municipal Bond Fund Price-to-Tangible-Book Related Terms

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


Eaton Vance California Municipal Bond Fund (Eaton Vance California Municipal Bond Fund) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance California Municipal Bond Fund is an investment company with an objective to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in its specified state. The company provides its solutions to individual investors, institutional investors, high net worth individuals, family office investors, and financial professionals. It offers a range of equity, income and alternative strategies to institutional investors, both in the United States and internationally.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Carl Thompson other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Faust Thomas E Jr other: Management Committee of Eaton 255 STATE STREET, BOSTON MA 02109
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
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
Trevor G Smith officer: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110