BlackRock Long-Term Municipal Advantage Trust

BlackRock Long-Term Municipal Advantage Trustverified

BTA

Price:

$10.31

Market Cap:

$138.57M

BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment. BlackRock Long-Term Municipal Advantage Trust was formed on February 28, 2006 and is domiciled in United States.[Read more]

Industry

Asset Management

IPO Date

2006-02-27

Stock Exchange

NYSE

Ticker

BTA

The PE Ratio as of November 2024 (TTM) for BlackRock Long-Term Municipal Advantage Trust (BTA) is 11.58

According to BlackRock Long-Term Municipal Advantage Trust’s latest financial reports and current stock price. The company's current PE Ratio is 11.58. This represents a change of -119.39% compared to the average of -59.73 of the last 4 quarters.

BlackRock Long-Term Municipal Advantage Trust (BTA) Historical PE Ratio (quarterly & annually)

How has BTA PE Ratio performed in the past?

The mean historical PE Ratio of BlackRock Long-Term Municipal Advantage Trust over the last ten years is 16.61. The current 11.58 PE Ratio has changed 6.87% with respect to the historical average. Over the past ten years (40 quarters), BTA's PE Ratio was at its highest in in the January 2018 quarter at 103.73. The PE Ratio was at its lowest in in the July 2018 quarter at -61382.23.

Quarterly (TTM)
Annual

Average

16.61

Median

7.13

Minimum

-129.50

Maximum

300.31

BlackRock Long-Term Municipal Advantage Trust (BTA) PE Ratio by Quarter and Year

Discovering the peaks and valleys of BlackRock Long-Term Municipal Advantage Trust PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.53%

Maximum Annual PE Ratio = 300.31

Minimum Annual Increase = -1574.45%

Minimum Annual PE Ratio = -129.50

Quarterly (TTM)
Annual
YearPE RatioChange
2023-38.73479.34%
2022-6.69-237.99%
20214.85-129.74%
2020-16.29-213.88%
201914.30-16.08%
201817.05-94.32%
2017300.312.53%
201611.4021.14%
20159.41-107.27%
2014-129.50-1574.45%

BlackRock Long-Term Municipal Advantage Trust (BTA) Average PE Ratio

How has BTA PE Ratio performed in the past?

The current PE Ratio of BlackRock Long-Term Municipal Advantage Trust (BTA) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-13.53

5-year avg

-8.51

10-year avg

16.61

BlackRock Long-Term Municipal Advantage Trust (BTA) PE Ratio vs. Peers

How is BTA’s PE Ratio compared to its peers?

BlackRock Long-Term Municipal Advantage Trust’s PE Ratio is greater than DTF Tax-Free Income 2028 Term Fund Inc. (-69.07), less than MFS High Yield Municipal Trust (24.91), less than MFS High Income Municipal Trust (19.76), greater than John Hancock Income Securities Trust (-26.02), greater than BlackRock MuniYield Quality Fund II, Inc. (-89.35), greater than Invesco High Income 2024 Target Term Fund (8.34), greater than BlackRock MuniYield Quality Fund, Inc. (-102.55), greater than MFS Municipal Income Trust (-43.91), greater than BlackRock MuniYield Fund, Inc. (-93.16), less than BlackRock Municipal Income Trust II (18.40), greater than BlackRock Investment Quality Municipal Trust Inc. (-126.35), greater than BlackRock Municipal Income Trust (-86.14), less than DWS Municipal Income Trust (27.36), less than BlackRock MuniHoldings New York Quality Fund, Inc. (24.19), less than MFS Investment Grade Municipal Trust (44.38), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than BlackRock MuniVest Fund II, Inc. (-82.29), less than BlackRock Municipal Income Fund, Inc. (349.22), less than BlackRock MuniYield Quality Fund III, Inc. (19.50), less than BlackRock MuniHoldings Quality Fund II, Inc. (16.54),

Build a custom stock screener for BlackRock Long-Term Municipal Advantage Trust (BTA) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like BlackRock Long-Term Municipal Advantage Trust using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

BlackRock Long-Term Municipal Advantage Trust (BTA) and other stocks custom spreadsheet templates

The easiest way to analyze a company like BlackRock Long-Term Municipal Advantage Trust or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is BlackRock Long-Term Municipal Advantage Trust's PE Ratio?

How is the PE Ratio calculated for BlackRock Long-Term Municipal Advantage Trust (BTA)?

What is the highest PE Ratio for BlackRock Long-Term Municipal Advantage Trust (BTA)?

What is the 3-year average PE Ratio for BlackRock Long-Term Municipal Advantage Trust (BTA)?

What is the 5-year average PE Ratio for BlackRock Long-Term Municipal Advantage Trust (BTA)?

How does the current PE Ratio for BlackRock Long-Term Municipal Advantage Trust (BTA) compare to its historical average?