DRNYX
Price:
$13.53
Market Cap:
$1.00B
The investment seeks as high a level of current income exempt from federal, New York state and New York city income taxes as is consistent with the preservation of capital. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal, New York state and New York city income taxes. It may invest up to 20% of its assets in municipal bonds rated below investment grade ("high yield" or "junk" bonds) or the unrated equivalent as determined by the advisor. The fund is non-diversified.
Industry
Asset Management - Bonds
IPO Date
1983-07-26
Stock Exchange
NASDAQ
Ticker
DRNYX
According to BNY Mellon New York Tax Exempt Bond Fund, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 15.77. This represents a change of -86.97% compared to the average of 121.03 of the last 4 quarters.
The mean historical PE Ratio of BNY Mellon New York Tax Exempt Bond Fund, Inc. over the last ten years is 7.53. The current 15.77 PE Ratio has changed 20.86% with respect to the historical average. Over the past ten years (40 quarters), DRNYX's PE Ratio was at its highest in in the November 2022 quarter at 210.89. The PE Ratio was at its lowest in in the May 2022 quarter at -6.73.
Average
7.53
Median
20.39
Minimum
-180.91
Maximum
238.24
Discovering the peaks and valleys of BNY Mellon New York Tax Exempt Bond 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 = 786.03%
Maximum Annual PE Ratio = 238.24
Minimum Annual Increase = -1092.02%
Minimum Annual PE Ratio = -180.91
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | -13.39 | -92.60% |
| 2022 | -180.91 | -1092.02% |
| 2021 | 18.24 | -53.19% |
| 2020 | 38.96 | 72.82% |
| 2019 | 22.54 | -34.32% |
| 2018 | 34.32 | -85.59% |
| 2017 | 238.24 | 786.03% |
| 2016 | 26.89 | 105.04% |
| 2015 | 13.11 | -110.68% |
| 2014 | -122.75 | -748.57% |
The current PE Ratio of BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-58.69
5-year avg
-22.91
10-year avg
7.53
BNY Mellon New York Tax Exempt Bond Fund, Inc.’s PE Ratio is less than BMO TCH Core Plus Bond Fund Class Y Shares (0), less than IVA Worldwide Fund Class A (0), less than Vanguard U.S. Value Fund Investor Shares (0), greater than MainStay Income Builder Fund Class R3 (-63.61), less than BMO TCH Core Plus Bond Fund Class I Shares (0), less than PGIM Balanced Fund- Class B (0), less than Allspring Discovery All Cap Growth - Admin (0), less than Delaware SMID Cap Growth Fund Class A (0), less than Invesco International Equity Fund Class A (0), less than AIG Focused Alpha Large-Cap Fund Class W (0),
| Company | PE Ratio | Market cap |
|---|---|---|
| 0 | $914.93M | |
| 0 | $990.99M | |
| 0 | $1.02B | |
| -63.61 | $1.05B | |
| 0 | $1.22B | |
| 0 | $903.49M | |
| 0 | $793.45M | |
| 0 | $1.13B | |
| 0 | $842.81M | |
| 0 | $639.53M |
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