Latest P/E ratio for Eaton Vance Tax-Managed Diversified Equity Income Fund: 5.04 — see history and peer comparisons.
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+ Follow5.04
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 ETY is 5.04. That is below the sector sector average of 35.6. Investors often review this figure alongside Eaton Vance Tax-Managed Diversified Equity Income Fund's historical trend and sector peers before judging valuation or financial health.
Against its sector companies, ETY currently prints 5.04 for P/E ratio, while the sector average sits near 35.6. That is roughly 85.8% below the sector mean. Large gaps often invite a closer look at Eaton Vance Tax-Managed Diversified Equity Income Fund's growth, margins, and balance sheet.
A P/E ratio of 5.04 for Eaton Vance Tax-Managed Diversified Equity Income Fund is not 'good' or 'bad' on its own. Compare it with the peer average (35.6) and with ETY'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 ETY's P/E ratio (5.04), 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.