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Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Price-to-Owner-Earnings : (As of Jun. 08, 2024)


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What is Eaton Vance Floating-rateome Trust Price-to-Owner-Earnings?

As of today (2024-06-08), Eaton Vance Floating-rateome Trust's share price is $13.46. Eaton Vance Floating-rateome Trust 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 Eaton Vance Floating-rateome Trust's Price-to-Owner-Earnings or its related term are showing as below:


EFT's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.67
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-06-08), Eaton Vance Floating-rateome Trust's share price is $13.46. Eaton Vance Floating-rateome Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 was $1.73. Therefore, Eaton Vance Floating-rateome Trust's PE Ratio for today is 7.80.

As of today (2024-06-08), Eaton Vance Floating-rateome Trust's share price is $13.46. Eaton Vance Floating-rateome Trust's EPS without NRI for the trailing twelve months (TTM) ended in was $1.73. Therefore, Eaton Vance Floating-rateome Trust's PE Ratio without NRI for today is 7.80.

During the past 6 years, Eaton Vance Floating-rateome Trust's highest PE Ratio without NRI was 29.73. The lowest was 5.28. And the median was 20.19.


Eaton Vance Floating-rateome Trust Price-to-Owner-Earnings Historical Data

The historical data trend for Eaton Vance Floating-rateome Trust'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.

Eaton Vance Floating-rateome Trust Price-to-Owner-Earnings Chart

Eaton Vance Floating-rateome Trust Annual Data
Trend May18 May19 May20 May21 May22 May23
Price-to-Owner-Earnings
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Eaton Vance Floating-rateome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of Eaton Vance Floating-rateome Trust's Price-to-Owner-Earnings

For the Asset Management subindustry, Eaton Vance Floating-rateome Trust'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.


Eaton Vance Floating-rateome Trust's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Floating-rateome Trust's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Eaton Vance Floating-rateome Trust's Price-to-Owner-Earnings falls into.



Eaton Vance Floating-rateome Trust 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)."

Eaton Vance Floating-rateome Trust's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=13.46/0.00
=

* 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.


Eaton Vance Floating-rateome Trust  (NYSE:EFT) Price-to-Owner-Earnings Explanation

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


Eaton Vance Floating-rateome Trust Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Eaton Vance Floating-rateome Trust's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Floating-rate Income Trust is a closed-end management investment company. The company's objective is to provide a high level of current income and its secondary objective is 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
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager 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
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Catherine Mcdermott other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Andrew Sveen other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109