ClearBridge MLP and Midstream Fund Inc

ClearBridge MLP and Midstream Fund Incverified

CEM

Price:

$44.64

Market Cap:

$593.45M

ClearBridge Energy MLP Fund Inc. is a closed-ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector. The fund primarily invests in equity securities of MLPs and growth stocks of companies operating across diversified market capitalizations. It employs fundamental analysis with a bottom-up stock selection approach, focusing on companies with long-lived assets, predictable cash flows, and low direct commodity exposure to create its portfolio. ClearBridge Energy MLP Fund Inc. w...[Read more]

Industry

Asset Management

IPO Date

2010-06-25

Stock Exchange

NYSE

Ticker

CEM

The PE Ratio as of September 2024 (TTM) for ClearBridge MLP and Midstream Fund Inc (CEM) is 2.91

According to ClearBridge MLP and Midstream Fund Inc’s latest financial reports and current stock price. The company's current PE Ratio is 2.91. This represents a change of -23.27% compared to the average of 3.79 of the last 4 quarters.

ClearBridge MLP and Midstream Fund Inc (CEM) Historical PE Ratio (quarterly & annually)

How has CEM PE Ratio performed in the past?

The mean historical PE Ratio of ClearBridge MLP and Midstream Fund Inc over the last ten years is 5.26. The current 2.91 PE Ratio has changed 5.43% with respect to the historical average. Over the past ten years (40 quarters), CEM's PE Ratio was at its highest in in the May 2017 quarter at 55.97. The PE Ratio was at its lowest in in the May 2016 quarter at -22.68.

Quarterly (TTM)
Annual

Average

5.26

Median

2.34

Minimum

-16.68

Maximum

30.77

ClearBridge MLP and Midstream Fund Inc (CEM) PE Ratio by Quarter and Year

Discovering the peaks and valleys of ClearBridge MLP and Midstream Fund Inc 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 = 220.72%

Maximum Annual PE Ratio = 30.77

Minimum Annual Increase = -1282.24%

Minimum Annual PE Ratio = -16.68

Quarterly (TTM)
Annual
YearPE RatioChange
20238.41220.72%
20222.6227.80%
20212.05-527.24%
2020-0.48-97.12%
2019-16.68-195.16%
201817.53-252.61%
2017-11.49-152.88%
201621.72-1282.24%
2015-1.84-105.97%
201430.7716.30%

ClearBridge MLP and Midstream Fund Inc (CEM) Average PE Ratio

How has CEM PE Ratio performed in the past?

The current PE Ratio of ClearBridge MLP and Midstream Fund Inc (CEM) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

4.36

5-year avg

-0.82

10-year avg

5.26

ClearBridge MLP and Midstream Fund Inc (CEM) PE Ratio vs. Peers

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

ClearBridge MLP and Midstream Fund Inc’s PE Ratio is less than MFS Investment Grade Municipal Trust (0), less than PIMCO Energy and Tactical Credit Opportunities Fund (28.34), greater than Nuveen New Jersey Quality Municipal Income Fund (0), less than MainStay CBRE Global Infrastructure Megatrends Fund (14.50), greater than Central Securities Corp. (0), less than The Gabelli Equity Trust Inc. (4.45), less than Virtus Convertible & Income Fund (4.92), less than The Gabelli Equity Trust Inc. PFD-G (31.90), less than Oxford Lane Capital Corp. (4.92), greater than The Gabelli Utility Trust (2.71), greater than BlackRock MuniVest Fund, Inc. (-21.86), less than BlackRock Municipal Income Fund, Inc. (22.76), greater than BlackRock MuniYield Quality Fund, Inc. (-841.51), greater than Nuveen Municipal Credit Opportunities Fund (-3032.31), less than Nuveen New York AMT-Free Quality Municipal Income Fund (84.79), less than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (4.63), less than null (5.20),

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