Western Asset High Income Opportunity Fund (HIO) has a P/E ratio of 12.28, below the sector sector average of 47.3.
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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.
The latest P/E ratio for HIO is 12.28. That is below the sector sector average of 47.3. Investors often review this figure alongside Western Asset High Income Opportunity Fund's historical trend and sector peers before judging valuation or financial health.
Against its sector companies, HIO currently prints 12.28 for P/E ratio, while the sector average sits near 47.3. That is roughly 74.0% below the sector mean. Large gaps often invite a closer look at Western Asset High Income Opportunity Fund's growth, margins, and balance sheet.
A P/E ratio of 12.28 for Western Asset High Income Opportunity Fund is not 'good' or 'bad' on its own. Compare it with the peer average (47.3) and with HIO'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 HIO's P/E ratio (12.28), 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.