Latest P/E ratio for MFS High Income Municipal Trust: 12.83 — see history and peer comparisons.
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+ Follow12.83
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.
The latest P/E ratio for CXE is 12.83. That is below the sector sector average of 34.56. Investors often review this figure alongside MFS High Income Municipal Trust's historical trend and sector peers before judging valuation or financial health.
Against its sector companies, CXE currently prints 12.83 for P/E ratio, while the sector average sits near 34.56. That is roughly 62.9% below the sector mean. Large gaps often invite a closer look at MFS High Income Municipal Trust's growth, margins, and balance sheet.
A P/E ratio of 12.83 for MFS High Income Municipal Trust is not 'good' or 'bad' on its own. Compare it with the peer average (34.56) and with CXE's multi-year chart on this page. Persistently elevated multiples need growth or quality to justify them; depressed multiples need a catalyst or evidence the business is misunderstood.
After noting CXE's P/E ratio (12.83), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.