FRA
Price:
$14.35
Market Cap:
$505.58M
BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.[Read more]
Industry
Asset Management - Income
IPO Date
2003-10-29
Stock Exchange
NYSE
Ticker
FRA
According to BlackRock Floating Rate Income Strategies Fund, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 10.32. This represents a change of 19.29% compared to the average of 8.65 of the last 4 quarters.
The mean historical PE Ratio of BlackRock Floating Rate Income Strategies Fund, Inc. over the last ten years is 20.11. The current 10.32 PE Ratio has changed 5.03% with respect to the historical average. Over the past ten years (40 quarters), FRA's PE Ratio was at its highest in in the November 2018 quarter at 95.60. The PE Ratio was at its lowest in in the November 2015 quarter at -11.90.
Average
20.11
Median
17.55
Minimum
-29.21
Maximum
67.28
Discovering the peaks and valleys of BlackRock Floating Rate Income Strategies 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 = 138.29%
Maximum Annual PE Ratio = 67.28
Minimum Annual Increase = -280.48%
Minimum Annual PE Ratio = -29.21
Year | PE Ratio | Change |
---|---|---|
2023 | 7.11 | -124.35% |
2022 | -29.21 | -280.48% |
2021 | 16.19 | -75.94% |
2020 | 67.28 | 117.08% |
2019 | 30.99 | 63.94% |
2018 | 18.90 | 29.66% |
2017 | 14.58 | -33.88% |
2016 | 22.05 | -41.19% |
2015 | 37.49 | 138.29% |
2014 | 15.73 | 35.14% |
The current PE Ratio of BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-1.97
5-year avg
18.47
10-year avg
20.11
BlackRock Floating Rate Income Strategies Fund, Inc.’s PE Ratio is greater than BlackRock Floating Rate Income Trust (5.53), greater than Nuveen Floating Rate Income Opportunity Fund (-30.31), greater than Eaton Vance Floating-Rate Income Trust (5.22), less than Eaton Vance Senior Floating-Rate Trust (13.47), greater than Nuveen Floating Rate Income Fund (7.90),
Company | PE Ratio | Market cap |
---|---|---|
5.53 | $300.32M | |
-30.31 | $319.46M | |
5.22 | $352.93M | |
13.47 | $381.95M | |
7.90 | $1.23B |
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 BlackRock Floating Rate Income Strategies 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 BlackRock Floating Rate Income Strategies 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 BlackRock Floating Rate Income Strategies Fund, Inc.'s PE Ratio?
How is the PE Ratio calculated for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)?
What is the highest PE Ratio for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)?
What is the 3-year average PE Ratio for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)?
What is the 5-year average PE Ratio for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)?
How does the current PE Ratio for BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) compare to its historical average?