BlackRock New York Municipal Income Trust Overview
Valuation check: BNY's P/E ratio is 35.35, below the sector sector average of 35.6.
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+ Follow35.35
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, BNY shows a P/E ratio of 35.35. That is below the sector sector average of 35.6. Scroll down for historical charts and peer comparison views.
The its sector sector average P/E ratio is about 35.6. BlackRock New York Municipal Income Trust is at 35.35, which is lower that average. That is roughly 0.7% below the sector mean. Use the comparison chart on this page to see how BNY stacks up against individual peers as well.
Investors watch BNY's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. BlackRock New York Municipal Income Trust's latest reading is 35.35. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has BlackRock New York Municipal Income Trust's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 35.35) with ownership activity and broader fundamentals.
