Pimco California Municipal Income Fund III (PZC) has a P/E ratio of 592.23, above the sector sector average of 34.56.
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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.
As of the most recent data, PZC shows a P/E ratio of 592.23. That is above 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. Pimco California Municipal Income Fund III is at 592.23, which is higher that average. That is roughly 1613.8% above the sector mean. Use the comparison chart on this page to see how PZC stacks up against individual peers as well.
Investors watch PZC's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Pimco California Municipal Income Fund III's latest reading is 592.23. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Pimco California Municipal Income Fund III'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 592.23) with ownership activity and broader fundamentals.