CXE
Price:
$3.74
Market Cap:
$117.91M
MFS High Income Municipal Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets. It primarily invests in municipal bonds and local general obligations of various sectors, such as multifamily, hospitals, care retirement, and investor-owned utilities. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index. It was formerly known as Colonial High Income Municipal Trust. MFS High Income Municipal Trust was formed on February 17, 1989 and is domiciled in United States.
Industry
Asset Management - Income
IPO Date
1989-02-17
Stock Exchange
NYSE
Ticker
CXE
According to MFS High Income Municipal Trust’s latest financial reports and current stock price. The company's current PE Ratio is 53.43. This represents a change of 251.64% compared to the average of 15.19 of the last 4 quarters.
The mean historical PE Ratio of MFS High Income Municipal Trust over the last ten years is 32.43. The current 53.43 PE Ratio has changed 16.37% with respect to the historical average. Over the past ten years (40 quarters), CXE's PE Ratio was at its highest in in the November 2023 quarter at 55.73. The PE Ratio was at its lowest in in the November 2018 quarter at -81.31.
Average
32.43
Median
14.39
Minimum
-3.38
Maximum
162.67
Discovering the peaks and valleys of MFS High Income Municipal 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 = 1.53%
Maximum Annual PE Ratio = 162.67
Minimum Annual Increase = -1391.28%
Minimum Annual PE Ratio = -3.38
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 7.47 | -82.86% |
| 2023 | 43.59 | -1391.28% |
| 2022 | -3.38 | -126.78% |
| 2021 | 12.61 | -92.25% |
| 2020 | 162.67 | 1.53% |
| 2019 | 9.99 | -69.66% |
| 2018 | 32.92 | 162.12% |
| 2017 | 12.56 | -57.76% |
| 2016 | 29.73 | 83.79% |
| 2015 | 16.18 | 158.88% |
The current PE Ratio of MFS High Income Municipal Trust (CXE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
15.90
5-year avg
44.59
10-year avg
32.43
MFS High Income Municipal Trust’s PE Ratio is greater than Western Asset Investment Grade Income Fund Inc. (13.56), greater than Meeder Tactical Income Retail (0), greater than Madison Dividend Income Fd Cl Y (6.88), greater than MFS Government Markets Income Trust (19.68), greater than GAMCO Natural Resources, Gold & Income Trust (5.25), greater than Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (10.32), less than Western Asset Municipal High Income Fund Inc. (55.08), greater than John Hancock Investors Trust (14.65), greater than The Gabelli Global Utility & Income Trust (7.66), greater than BlackRock Long-Term Municipal Advantage Trust (31.89),
| Company | PE Ratio | Market cap |
|---|---|---|
| 13.56 | $118.22M | |
| 0 | $123.99M | |
| 6.88 | $116.63M | |
| 19.68 | $101.36M | |
| 5.25 | $118.08M | |
| 10.32 | $124.23M | |
| 55.08 | $152.26M | |
| 14.65 | $123.91M | |
| 7.66 | $110.59M | |
| 31.89 | $126.87M |
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