HYB
Price:
$8.17
Market Cap:
$190.97M
The New America High Income Fund Inc. is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc. The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e. junk bonds rated BB or lower by S&P or Ba or lower by Moody. It benchmarks the performance of its portfolio against the Credit Suisse High Yield Index and the Citigroup 10 Year Treasury Index. The New America High Income Fund Inc. was formed on November 19, 1987 and is domiciled in the United States.[Read more]
Industry
Asset Management - Income
IPO Date
1988-02-19
Stock Exchange
NYSE
Ticker
HYB
According to The New America High Income Fund Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 9.73. This represents a change of 47.51% compared to the average of 6.60 of the last 4 quarters.
The mean historical PE Ratio of The New America High Income Fund Inc. over the last ten years is 5.19. The current 9.73 PE Ratio has changed 18.63% with respect to the historical average. Over the past ten years (40 quarters), HYB's PE Ratio was at its highest in in the September 2021 quarter at 24.25. The PE Ratio was at its lowest in in the March 2018 quarter at -17.29.
Average
5.19
Median
5.49
Minimum
-17.30
Maximum
26.22
Discovering the peaks and valleys of The New America High Income 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 = 294.02%
Maximum Annual PE Ratio = 26.22
Minimum Annual Increase = -242.20%
Minimum Annual PE Ratio = -17.30
Year | PE Ratio | Change |
---|---|---|
2023 | 5.85 | -242.20% |
2022 | -4.11 | -129.27% |
2021 | 14.06 | -30.41% |
2020 | 20.20 | 294.02% |
2019 | 5.13 | -140.88% |
2018 | -12.54 | -234.74% |
2017 | 9.31 | 81.83% |
2016 | 5.12 | -129.60% |
2015 | -17.30 | -165.95% |
2014 | 26.22 | 159.15% |
The current PE Ratio of The New America High Income Fund Inc. (HYB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.26
5-year avg
8.22
10-year avg
5.19
The New America High Income Fund Inc.’s PE Ratio is less than Pioneer Municipal High Income Advantage Fund, Inc. (52.49), less than DWS Municipal Income Trust (26.25), greater than RiverNorth Capital and Income Fund, Inc. (8.58), less than Putnam Managed Municipal Income Trust (70.27), less than Legg Mason BW Global Income Opportunities Fund Inc. (10.25), greater than Western Asset Global High Income Fund Inc. (6.29), greater than Nuveen Senior Income Fund (-16.47), less than Pioneer Floating Rate Fund, Inc. (11.06), greater than Nuveen Core Equity Alpha Fund (5.65), greater than Pioneer High Income Fund, Inc. (3.81), less than Virtus Global Multi-Sector Income Fund (10.02), greater than Invesco California Value Municipal Income Trust (5.20), greater than Invesco Senior Income Trust (6.29), less than Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (33.34), greater than Eagle Point Credit Company Inc. (7.09), greater than Mexico Equity & Income Fund Inc. (-5.53), less than Nuveen Real Asset Income and Growth Fund (14.96), less than MFS Investment Grade Municipal Trust (43.13), greater than Invesco High Income 2024 Target Term Fund (8.34), greater than Invesco High Income 2023 Target Term Fund (-27.41), less than BlackRock MuniHoldings New York Quality Fund, Inc. (23.33), greater than Virtus Convertible & Income 2024 Target Term Fund (0),
Company | PE Ratio | Market cap |
---|---|---|
52.49 | $202.32M | |
26.25 | $370.57M | |
8.58 | $59.03M | |
70.27 | $280.91M | |
10.25 | $136.69M | |
6.29 | $149.76M | |
-16.47 | $177.61M | |
11.06 | $120.41M | |
5.65 | $252.05M | |
3.81 | $228.57M | |
10.02 | $86.88M | |
5.20 | $512.91M | |
6.29 | $598.46M | |
33.34 | $72.23M | |
7.09 | $2.23B | |
-5.53 | $36.87M | |
14.96 | $333.11M | |
43.13 | $64.51M | |
8.34 | $66.25M | |
-27.41 | $167.09M | |
23.33 | $311.49M | |
0 | $167.75M |
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