Eaton Vance Tax Fund Price To Earning
| EVT Fund | USD 25.20 0.36 1.45% |
Eaton Vance Tax fundamentals help investors to digest information that contributes to Eaton Vance's financial success or failures. It also enables traders to predict the movement of Eaton Fund. The fundamental analysis module provides a way to measure Eaton Vance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eaton Vance fund.
Eaton |
Eaton Vance Tax Fund Price To Earning Analysis
Eaton Vance's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Eaton Vance Price To Earning | 2.38 X |
Most of Eaton Vance's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eaton Vance Tax is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Eaton Vance Tax has a Price To Earning of 2.38 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States funds is notably lower than that of the firm.
Eaton Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eaton Vance's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Eaton Vance could also be used in its relative valuation, which is a method of valuing Eaton Vance by comparing valuation metrics of similar companies.Eaton Vance is currently under evaluation in price to earning among similar funds.
Eaton Fundamentals
| Return On Equity | -1.33 | |||
| Return On Asset | 1.25 | |||
| Profit Margin | (36.82) % | |||
| Operating Margin | 68.41 % | |||
| Current Valuation | 2.2 B | |||
| Shares Outstanding | 73.65 M | |||
| Shares Owned By Institutions | 13.81 % | |||
| Number Of Shares Shorted | 55.73 K | |||
| Price To Earning | 2.38 X | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 25.00 X | |||
| Revenue | 71.06 M | |||
| Gross Profit | 68.8 M | |||
| Net Income | (26.16 M) | |||
| Cash And Equivalents | 33.7 K | |||
| Total Debt | 447 M | |||
| Debt To Equity | 0.24 % | |||
| Current Ratio | 1.14 X | |||
| Book Value Per Share | 21.01 X | |||
| Cash Flow From Operations | 133.73 M | |||
| Short Ratio | 0.45 X | |||
| Earnings Per Share | (1.60) X | |||
| Number Of Employees | 13 | |||
| Beta | 1.27 | |||
| Market Capitalization | 1.99 B | |||
| Total Asset | 1.46 B | |||
| Retained Earnings | (266.77 M) | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 18.17 % | |||
| One Year Return | 28.15 % | |||
| Three Year Return | 5.69 % | |||
| Five Year Return | 9.64 % | |||
| Last Dividend Paid | 1.95 |
About Eaton Vance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eaton Vance Tax's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eaton Vance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eaton Vance Tax based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in Eaton Fund
Eaton Vance financial ratios help investors to determine whether Eaton Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eaton with respect to the benefits of owning Eaton Vance security.
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