Latest P/E ratio for ClearBridge MLP and Midstream Total Return Fund: 8.33 — see history and peer comparisons.
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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, CTR shows a P/E ratio of 8.33. That is below the sector sector average of 37.35. Scroll down for historical charts and peer comparison views.
The its sector sector average P/E ratio is about 37.35. ClearBridge MLP and Midstream Total Return Fund is at 8.33, which is lower that average. That is roughly 77.7% below the sector mean. Use the comparison chart on this page to see how CTR stacks up against individual peers as well.
Investors watch CTR's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. ClearBridge MLP and Midstream Total Return Fund's latest reading is 8.33. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has ClearBridge MLP and Midstream Total Return Fund'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 8.33) with ownership activity and broader fundamentals.