Valuation check: IGI's P/E ratio is 14.27, below the sector sector average of 33.83.
Get informed when a big investor buys or sells
+ Follow14.27
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, IGI shows a P/E ratio of 14.27. 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. Western Asset Investment Grade Defined Opportunity Trust is at 14.27, which is lower that average. That is roughly 57.8% below the sector mean. Use the comparison chart on this page to see how IGI stacks up against individual peers as well.
Investors watch IGI'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 Investment Grade Defined Opportunity Trust's latest reading is 14.27. 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 Investment Grade Defined Opportunity 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 14.27) with ownership activity and broader fundamentals.