BNY Mellon New York Tax Exempt Bond Fund, Inc.

BNY Mellon New York Tax Exempt Bond Fund, Inc.verified

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

The PE Ratio as of December 2025 (TTM) for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) is 15.77

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.

BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) Historical PE Ratio (quarterly & annually)

How has DRNYX PE Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

7.53

Median

20.39

Minimum

-180.91

Maximum

238.24

BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) PE Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearPE RatioChange
2023-13.39-92.60%
2022-180.91-1092.02%
202118.24-53.19%
202038.9672.82%
201922.54-34.32%
201834.32-85.59%
2017238.24786.03%
201626.89105.04%
201513.11-110.68%
2014-122.75-748.57%

BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) Average PE Ratio

How has DRNYX PE Ratio performed in the past?

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. (DRNYX) PE Ratio vs. Peers

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

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),

Build a custom stock screener for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) 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 BNY Mellon New York Tax Exempt Bond 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:

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.

BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) and other stocks custom spreadsheet templates

The easiest way to analyze a company like BNY Mellon New York Tax Exempt Bond 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.

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 BNY Mellon New York Tax Exempt Bond Fund, Inc.'s PE Ratio?

How is the PE Ratio calculated for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)?

What is the highest PE Ratio for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)?

What is the 3-year average PE Ratio for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)?

What is the 5-year average PE Ratio for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)?

How does the current PE Ratio for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) compare to its historical average?