BackRiverNorth Opportunistic Municipal Income Fund Overview
RiverNorth Opportunistic Municipal Income Fund Inc

RiverNorth Opportunistic Municipal Income Fund P/E Ratio

RiverNorth Opportunistic Municipal Income Fund (RMI) has a P/E ratio of 7.61, below the sector sector average of 25.13.

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P/E Ratio

7.61

P/E Ratio

7.61

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.

P/E Ratio (Comparison Companies)

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P/E Ratio History

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P/E Ratio Comparison

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RiverNorth Opportunistic Municipal Income Fund (RMI) FAQ

As of the most recent data, RMI shows a P/E ratio of 7.61. That is below the sector sector average of 25.13. Scroll down for historical charts and peer comparison views.

The its sector sector average P/E ratio is about 25.13. RiverNorth Opportunistic Municipal Income Fund is at 7.61, which is lower that average. That is roughly 69.7% below 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 7.61. 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 7.61) with ownership activity and broader fundamentals.