Vanguard Total Bond Market Index Fund P/E Ratio

Vanguard Total Bond Market Index Fund posts a P/E ratio of 70.4. That is above the sector sector average of 35.6. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For its sector stocks, a P/E ratio near 35.6 is typical. Vanguard Total Bond Market Index Fund's 70.4 is higher that level. That is roughly 97.8% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Vanguard Total Bond Market Index Fund's P/E ratio of 70.4 comes from dividing a price-based measure by a related financial statistic. Changes can come from the stock price moving, the underlying fundamental shifting, or both. Track both the level and the trend — a rising multiple on falling fundamentals is a different story than a rising multiple on rising earnings.

Context for VBTIX's P/E ratio usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 35.6), and (3) consistency with growth and profitability. This page covers the first two; Vanguard Total Bond Market Index Fund's other metric pages and overview cover the third.