Western Asset High Yield Defined Opportunity Fund Overview
Valuation check: HYI's P/E ratio is 11.89, below the sector sector average of 34.56.
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+ Follow11.89
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, HYI shows a P/E ratio of 11.89. That is below the sector sector average of 34.56. Scroll down for historical charts and peer comparison views.
The its sector sector average P/E ratio is about 34.56. Western Asset High Yield Defined Opportunity Fund is at 11.89, which is lower that average. That is roughly 65.6% below the sector mean. Use the comparison chart on this page to see how HYI stacks up against individual peers as well.
Investors watch HYI's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Western Asset High Yield Defined Opportunity Fund's latest reading is 11.89. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Western Asset High Yield Defined Opportunity Fund'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 11.89) with ownership activity and broader fundamentals.
