RiverNorth Opportunistic Municipal Income Fund (RMI) has a P/E ratio of 131.38, above 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.
As of the most recent data, RMI shows a P/E ratio of 131.38. That is above the sector sector average of 47.3. Scroll down for historical charts and peer comparison views.
The its sector sector average P/E ratio is about 47.3. RiverNorth Opportunistic Municipal Income Fund is at 131.38, which is higher that average. That is roughly 177.7% above the sector mean. Use the comparison chart on this page to see how RMI stacks up against individual peers as well.
Investors watch RMI's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. RiverNorth Opportunistic Municipal Income Fund's latest reading is 131.38. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has RiverNorth Opportunistic Municipal Income 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 131.38) with ownership activity and broader fundamentals.