Eaton Vance Municipal Income Trust Overview
Valuation check: EVN's P/E ratio is 11.61, below the sector sector average of 33.83.
Get informed when a big investor buys or sells
+ Follow11.61
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, EVN shows a P/E ratio of 11.61. That is below the sector sector average of 33.83. Scroll down for historical charts and peer comparison views.
The its sector sector average P/E ratio is about 33.83. Eaton Vance Municipal Income Trust is at 11.61, which is lower that average. That is roughly 65.7% below the sector mean. Use the comparison chart on this page to see how EVN stacks up against individual peers as well.
Investors watch EVN's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Eaton Vance Municipal Income Trust's latest reading is 11.61. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Eaton Vance 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 11.61) with ownership activity and broader fundamentals.
