Putnam Premier Income Trust

Putnam Premier Income Trustverified

PPT

Price:

$3.7

Market Cap:

$356.19M

Putnam Premier Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public fixed income markets across the globe. The fund primarily invests in U.S. high-grade and high-yield bonds with an average credit quality of BBB by S&P Corporation. It benchmarks the performance of its portfolio against the Barclays Capital Government Bond Index. Putnam Premier Income Trust was formed on February 29, 1988 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

1988-02-19

Stock Exchange

NYSE

Ticker

PPT

The PE Ratio as of September 2024 (TTM) for Putnam Premier Income Trust (PPT) is 18.50

According to Putnam Premier Income Trust’s latest financial reports and current stock price. The company's current PE Ratio is 18.50. This represents a change of -95.52% compared to the average of 412.56 of the last 4 quarters.

Putnam Premier Income Trust (PPT) Historical PE Ratio (quarterly & annually)

How has PPT PE Ratio performed in the past?

The mean historical PE Ratio of Putnam Premier Income Trust over the last ten years is 39.95. The current 18.50 PE Ratio has changed 4.53% with respect to the historical average. Over the past ten years (40 quarters), PPT's PE Ratio was at its highest in in the April 2023 quarter at 1.08K. The PE Ratio was at its lowest in in the October 2018 quarter at -32.51.

Quarterly (TTM)
Annual

Average

39.95

Median

10.60

Minimum

-24.29

Maximum

369.37

Putnam Premier Income Trust (PPT) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Putnam Premier Income 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 = 70.05%

Maximum Annual PE Ratio = 369.37

Minimum Annual Increase = -2011.96%

Minimum Annual PE Ratio = -24.29

Quarterly (TTM)
Annual
YearPE RatioChange
2023369.37-2011.96%
2022-19.32-170.63%
202127.35-231.61%
2020-20.78-183.69%
201924.8360.83%
201815.4470.05%
20179.0859.76%
20165.68-123.40%
2015-24.29-300.32%
201412.1221.47%

Putnam Premier Income Trust (PPT) Average PE Ratio

How has PPT PE Ratio performed in the past?

The current PE Ratio of Putnam Premier Income Trust (PPT) 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

125.80

5-year avg

76.29

10-year avg

39.95

Putnam Premier Income Trust (PPT) PE Ratio vs. Peers

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

Putnam Premier Income Trust’s PE Ratio is greater than MFS High Yield Municipal Trust (16.14), greater than MFS High Income Municipal Trust (14.15), less than BlackRock MuniHoldings Quality Fund II, Inc. (22.73), greater than MFS Charter Income Trust (7.93), less than MFS Municipal Income Trust (22.15), less than BlackRock MuniYield Quality Fund III, Inc. (20.84), greater than Invesco Municipal Income Opportunities Trust (2.89), less than MFS Intermediate Income Trust (55.27), greater than BlackRock MuniYield Quality Fund, Inc. (-2965.96), less than MFS Investment Grade Municipal Trust (28.07), greater than Eaton Vance National Municipal Opportunities Trust (8.84), less than BlackRock MuniVest Fund II, Inc. (1.42K), less than DTF Tax-Free Income 2028 Term Fund Inc. (257.10), less than MFS Government Markets Income Trust (203.52),

Build a custom stock screener for Putnam Premier Income Trust (PPT) 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 Putnam Premier Income 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.

Putnam Premier Income Trust (PPT) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Putnam Premier Income 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 Putnam Premier Income Trust's PE Ratio?

How is the PE Ratio calculated for Putnam Premier Income Trust (PPT)?

What is the highest PE Ratio for Putnam Premier Income Trust (PPT)?

What is the 3-year average PE Ratio for Putnam Premier Income Trust (PPT)?

What is the 5-year average PE Ratio for Putnam Premier Income Trust (PPT)?

How does the current PE Ratio for Putnam Premier Income Trust (PPT) compare to its historical average?