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Eaton Vance Tax Advgd Gbl Div Fd (Eaton Vance Tax Advgd Gbl Div Fd) PEG Ratio : 29.83 (As of May. 05, 2024)


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What is Eaton Vance Tax Advgd Gbl Div Fd PEG Ratio?

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, Eaton Vance Tax Advgd Gbl Div Fd's PE Ratio without NRI is 8.95. Eaton Vance Tax Advgd Gbl Div Fd's 5-Year Book Value growth rate is 0.30%. Therefore, Eaton Vance Tax Advgd Gbl Div Fd's PEG Ratio for today is 29.83.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Eaton Vance Tax Advgd Gbl Div Fd's PEG Ratio or its related term are showing as below:

ETG' s PEG Ratio Range Over the Past 10 Years
Min: 29.81   Med: 33.65   Max: 35.27
Current: 29.83


During the past 7 years, Eaton Vance Tax Advgd Gbl Div Fd's highest PEG Ratio was 35.27. The lowest was 29.81. And the median was 33.65.


ETG's PEG Ratio is ranked worse than
92.47% of 425 companies
in the Asset Management industry
Industry Median: 1.88 vs ETG: 29.83

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Eaton Vance Tax Advgd Gbl Div Fd PEG Ratio Historical Data

The historical data trend for Eaton Vance Tax Advgd Gbl Div Fd's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eaton Vance Tax Advgd Gbl Div Fd PEG Ratio Chart

Eaton Vance Tax Advgd Gbl Div Fd Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PEG Ratio
Get a 7-Day Free Trial - - - - 27.96

Eaton Vance Tax Advgd Gbl Div Fd Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 27.96

Competitive Comparison of Eaton Vance Tax Advgd Gbl Div Fd's PEG Ratio

For the Asset Management subindustry, Eaton Vance Tax Advgd Gbl Div Fd's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eaton Vance Tax Advgd Gbl Div Fd's PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax Advgd Gbl Div Fd's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax Advgd Gbl Div Fd's PEG Ratio falls into.



Eaton Vance Tax Advgd Gbl Div Fd PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

Eaton Vance Tax Advgd Gbl Div Fd's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=8.9476334340383/0.30
=29.83

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Eaton Vance Tax Advgd Gbl Div Fd  (NYSE:ETG) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Eaton Vance Tax Advgd Gbl Div Fd PEG Ratio Related Terms

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Eaton Vance Tax Advgd Gbl Div Fd (Eaton Vance Tax Advgd Gbl Div Fd) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Tax Advgd Gbl Div Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return consisting of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. Its portfolio of investments consists of aerospace and defense, capital markets, diversified telecommunication services, electrical equipment, biotechnology, banks, and other areas.
Executives
Derek Digregorio other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Williams Ray Kelly Jr officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Joseph M Mehlman officer: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 20, NEW YORK NY 10036
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance Tax Advgd Gbl Div Fd (Eaton Vance Tax Advgd Gbl Div Fd) Headlines