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Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) Price-to-Tangible-Book : 1.01 (As of May. 26, 2024)


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What is Pioneer Municipal Highome Opportunities Fund Price-to-Tangible-Book?

As of today (2024-05-26), Pioneer Municipal Highome Opportunities Fund's share price is $11.30. Pioneer Municipal Highome Opportunities Fund's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $11.18. Hence, Pioneer Municipal Highome Opportunities Fund's Price to Tangible Book Ratio of today is 1.01.

The historical rank and industry rank for Pioneer Municipal Highome Opportunities Fund's Price-to-Tangible-Book or its related term are showing as below:

MIO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.86   Max: 1.01
Current: 1.01

During the past 2 years, Pioneer Municipal Highome Opportunities Fund's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.84. And the median was 0.86.

MIO's Price-to-Tangible-Book is ranked worse than
60.51% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs MIO: 1.01

A closely related ratio is called PB Ratio. As of today, Pioneer Municipal Highome Opportunities Fund's share price is $11.30. Pioneer Municipal Highome Opportunities Fund's Book Value per Sharefor the quarter that ended in Oct. 2023 was $11.18. Hence, Pioneer Municipal Highome Opportunities Fund's P/B Ratio of today is 1.01.


Pioneer Municipal Highome Opportunities Fund Price-to-Tangible-Book Historical Data

The historical data trend for Pioneer Municipal Highome Opportunities 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.

Pioneer Municipal Highome Opportunities Fund Price-to-Tangible-Book Chart

Pioneer Municipal Highome Opportunities Fund Annual Data
Trend Apr22 Apr23
Price-to-Tangible-Book
- 0.86

Pioneer Municipal Highome Opportunities Fund Quarterly Data
Oct21 Apr22 Oct22 Apr23 Oct23
Price-to-Tangible-Book - 0.87 0.85 0.86 0.84

Competitive Comparison of Pioneer Municipal Highome Opportunities Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Pioneer Municipal Highome Opportunities 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.


Pioneer Municipal Highome Opportunities Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Municipal Highome Opportunities Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Pioneer Municipal Highome Opportunities Fund's Price-to-Tangible-Book falls into.



Pioneer Municipal Highome Opportunities Fund Price-to-Tangible-Book Calculation

Pioneer Municipal Highome Opportunities Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=11.30/11.179
=1.01

* 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.


Pioneer Municipal Highome Opportunities Fund Price-to-Tangible-Book Related Terms

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


Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Pioneer Municipal High Income Opportunities Fund Inc. is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide holders of the Fund's common stock with a high level of current income exempt from regular federal income tax.
Executives
Yana Karalnik officer: CHIEF COMPLIANCE OFFICER 60 STATE STREET, BOSTON MA 02109
Marguerite A Piret other: Trustee C/O NEWBURY PIRET AND CO., 200 STATE STREET 12TH FLOOR, BOSTON MA 02109
Koenig Anthony J Jr officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Michael Melnick officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
David Eurkus other: Affiliated Person PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109
Jonathan Chirunga other: Affiliated Person 60 STATE STREET, BOSTON MA 02109
Craig C Mackay other: Trustee 75 WEST 125TH STREET, NEW YORK NY 10027
Christopher J Kelley officer: Secretary C/O PIONEER INVESTMENT, 60 STATE ST, BOSTON MA 01109-1820
Luis I Presutti officer: Assistant Treasurer
Gary Sullivan officer: Assistant Treasurer 60 STAT STREET, C/OPIONEER INVESTMENT MANAGEMENT INC, BOSTON MA 02109
Amundi Asset Management Us, Inc. other: Investment Adviser 60 STATE STREET, 5TH FLOOR, BOSTON MA 02109
Thomas J Perna other: Trustee 89 ROBBINS AVENUE, BERKELEY HEIGHTS NJ 07922
Benjamin M Friedman other: Trustee C/O HARVARD UNIVERSITY, CAMBRIDGE MA 02138
Thomas J Reyes officer: Assistant Secretary 60 STATE STREET, 13TH FLOOR, BOSTON MA 02109
Kenneth Taubes other: Trustee

Pioneer Municipal Highome Opportunities Fund (Pioneer Municipal Highome Opportunities Fund) Headlines

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