PAI
Price:
$12.56
Market Cap:
$119.46M
Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents. The fund benchmarks the performance of its portfolio against the Barclays U.S. Corporate High Yield Index and the Barclays U.S. Credit Index. Western Asset Income Fund was formed on March 22, 1973 and is domiciled in the United States.[Read more]
Industry
Asset Management - Income
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
PAI
According to Western Asset Investment Grade Income Fund Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 16.10. This represents a change of -8.83% compared to the average of 17.66 of the last 4 quarters.
The mean historical PE Ratio of Western Asset Investment Grade Income Fund Inc. over the last ten years is 64.52. The current 16.10 PE Ratio has changed 2.40% with respect to the historical average. Over the past ten years (40 quarters), PAI's PE Ratio was at its highest in in the September 2021 quarter at 234.03. The PE Ratio was at its lowest in in the March 2021 quarter at -812.10.
Average
64.52
Median
10.25
Minimum
-41.67
Maximum
647.47
Discovering the peaks and valleys of Western Asset Investment Grade 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 = 5.39%
Maximum Annual PE Ratio = 647.47
Minimum Annual Increase = -436.76%
Minimum Annual PE Ratio = -41.67
Year | PE Ratio | Change |
---|---|---|
2023 | 10.82 | -340.52% |
2022 | -4.50 | -100.69% |
2021 | 647.47 | 5.39% |
2020 | 11.80 | 64.99% |
2019 | 7.15 | -138.04% |
2018 | -18.80 | -275.75% |
2017 | 10.70 | 9.05% |
2016 | 9.81 | -123.54% |
2015 | -41.67 | -436.76% |
2014 | 12.37 | -91.51% |
The current PE Ratio of Western Asset Investment Grade Income Fund Inc. (PAI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
217.93
5-year avg
134.55
10-year avg
64.52
Western Asset Investment Grade Income Fund Inc.’s PE Ratio is greater than The Gabelli Dividend & Income Trust (8.32), greater than Voya Global Advantage and Premium Opportunity Fund (13.48), greater than Invesco California Value Municipal Income Trust (5.20), greater than Fiduciary/Claymore Energy Infrastructure Fund (0), greater than John Hancock Investors Trust (9.65), greater than PIMCO New York Municipal Income Fund (7.34), greater than Invesco Pennsylvania Value Municipal Income Trust (10.66), less than BlackRock MuniHoldings New York Quality Fund, Inc. (23.33), greater than Eaton Vance National Municipal Opportunities Trust (8.29), greater than Nuveen New York Quality Municipal Income Fund (13.19), greater than BlackRock MuniVest Fund, Inc. (15.29), less than DWS Municipal Income Trust (26.25), greater than BlackRock MuniVest Fund II, Inc. (-78.76), greater than Credit Suisse Asset Management Income Fund, Inc. (7.48), greater than Delaware Investments National Municipal Income Fund (-3.88), greater than Invesco Trust for Investment Grade New York Municipals (5.34), less than PIMCO New York Municipal Income Fund II (20.93), less than Eaton Vance New York Municipal Income Trust (16.56), less than PIMCO New York Municipal Income Fund III (18.08), less than BlackRock New York Municipal Income Trust (23.74), greater than GAMCO Natural Resources, Gold & Income Trust (9.67), greater than Nuveen Pennsylvania Quality Municipal Income Fund (12.78), greater than Invesco Advantage Municipal Income Trust II (6.93),
Company | PE Ratio | Market cap |
---|---|---|
8.32 | $1.72B | |
13.48 | $171.26M | |
5.20 | $512.91M | |
0 | $85.91M | |
9.65 | $120.50M | |
7.34 | $58.65M | |
10.66 | $243.54M | |
23.33 | $311.49M | |
8.29 | $259.06M | |
13.19 | $342.28M | |
15.29 | $436.11M | |
26.25 | $370.57M | |
-78.76 | $218.42M | |
7.48 | $154.78M | |
-3.88 | $123.95M | |
5.34 | $205.30M | |
20.93 | $80.00M | |
16.56 | $81.95M | |
18.08 | $32.42M | |
23.74 | $246.24M | |
9.67 | $88.72M | |
12.78 | $416.10M | |
6.93 | $382.78M |
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 Western Asset Investment Grade Income Fund Inc. 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:
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.
The easiest way to analyze a company like Western Asset Investment Grade Income Fund Inc. 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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the PE Ratio?
How can you use the PE Ratio?
What is Western Asset Investment Grade Income Fund Inc.'s PE Ratio?
How is the PE Ratio calculated for Western Asset Investment Grade Income Fund Inc. (PAI)?
What is the highest PE Ratio for Western Asset Investment Grade Income Fund Inc. (PAI)?
What is the 3-year average PE Ratio for Western Asset Investment Grade Income Fund Inc. (PAI)?
What is the 5-year average PE Ratio for Western Asset Investment Grade Income Fund Inc. (PAI)?
How does the current PE Ratio for Western Asset Investment Grade Income Fund Inc. (PAI) compare to its historical average?