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Western Asset Intermediate Muni Fd (Western Asset Intermediate Muni Fd) Shiller PE Ratio : 24.44 (As of May. 13, 2024)


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What is Western Asset Intermediate Muni Fd Shiller PE Ratio?

As of today (2024-05-13), Western Asset Intermediate Muni Fd's current share price is $7.82. Western Asset Intermediate Muni Fd's E10 for the fiscal year that ended in Nov23 was $0.32. Western Asset Intermediate Muni Fd's Shiller PE Ratio for today is 24.44.

The historical rank and industry rank for Western Asset Intermediate Muni Fd's Shiller PE Ratio or its related term are showing as below:

SBI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15   Med: 19.35   Max: 34.74
Current: 24.79

During the past 13 years, Western Asset Intermediate Muni Fd's highest Shiller PE Ratio was 34.74. The lowest was 15.00. And the median was 19.35.

SBI's Shiller PE Ratio is ranked worse than
83.05% of 761 companies
in the Asset Management industry
Industry Median: 12.92 vs SBI: 24.79

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Western Asset Intermediate Muni Fd's adjusted earnings per share data of for the fiscal year that ended in Nov23 was $0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.32 for the trailing ten years ended in Nov23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Asset Intermediate Muni Fd Shiller PE Ratio Historical Data

The historical data trend for Western Asset Intermediate Muni Fd's Shiller PE Ratio 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.

Western Asset Intermediate Muni Fd Shiller PE Ratio Chart

Western Asset Intermediate Muni Fd Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.60 18.69 20.30 33.78 23.72

Western Asset Intermediate Muni Fd Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Shiller PE Ratio 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 20.30 - 33.78 - 23.72

Competitive Comparison of Western Asset Intermediate Muni Fd's Shiller PE Ratio

For the Asset Management subindustry, Western Asset Intermediate Muni Fd's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Western Asset Intermediate Muni Fd's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Intermediate Muni Fd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Western Asset Intermediate Muni Fd's Shiller PE Ratio falls into.



Western Asset Intermediate Muni Fd Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Western Asset Intermediate Muni Fd's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.82/0.32
=24.44

* 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.

Western Asset Intermediate Muni Fd's E10 for the fiscal year that ended in Nov23 is calculated as:

For example, Western Asset Intermediate Muni Fd's adjusted earnings per share data for the fiscal year that ended in Nov23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Nov23 (Change)*Current CPI (Nov23)
=0.23/129.5481*129.5481
=0.230

Current CPI (Nov23) = 129.5481.

Western Asset Intermediate Muni Fd Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201411 1.000 99.635 1.300
201511 0.320 100.135 0.414
201611 -0.020 101.829 -0.025
201711 0.540 104.072 0.672
201811 0.020 106.338 0.024
201911 0.820 108.519 0.979
202011 0.290 109.793 0.342
202111 0.440 117.269 0.486
202211 -1.230 125.607 -1.269
202311 0.230 129.548 0.230

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Western Asset Intermediate Muni Fd  (NYSE:SBI) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Western Asset Intermediate Muni Fd Shiller PE Ratio Related Terms

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Western Asset Intermediate Muni Fd (Western Asset Intermediate Muni Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Intermediate Muni Fd Inc is a diversified closed-end management investment company. The fund's objective is to provide a high level of current income exempt from Federal income taxes.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Bank Of America Na 10 percent owner, other: Former 10% Owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Robert D Agdern director C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

Western Asset Intermediate Muni Fd (Western Asset Intermediate Muni Fd) Headlines