Western Asset High Income Opportunity Fund P/E Ratio

Western Asset High Income Opportunity Fund (HIO) currently reports a P/E ratio of 11.29. That is below the sector sector average of 24.91. Use the charts on this page to explore Western Asset High Income Opportunity Fund's P/E ratio history and peer comparisons.

Western Asset High Income Opportunity Fund's P/E ratio of 11.29 is lower than the its sector sector average of 24.91. That is roughly 54.7% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

The P/E ratio is a valuation multiple that relates Western Asset High Income Opportunity Fund's market price to a fundamental measure such as earnings, sales, or book value. At 11.29, HIO can look expensive or cheap only in context — versus its own history, growth rate, and sector peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.

Start with the current P/E ratio of 11.29, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is 24.91. From there, open related valuation or income-statement pages for Western Asset High Income Opportunity Fund, and consider following HIO for alerts when major investors trade the stock.