HYB
Price:
$8.2
Market Cap:
$191.67M
The New America High Income Fund Inc. operates as a closed-end investment vehicle specializing in fixed income, under the professional management of T. Rowe Price Associates, Inc. This fund primarily allocates capital within the United States' debt markets, with a particular focus on high-yield fixed-income instruments, commonly known as "junk bonds." These holdings generally possess credit ratings of BB or lower from S&P, or Ba or below from Moody's. The fund gauges its effectiveness by comparing its portfolio's returns against the Credit Suisse High Yield Index and the Citigroup 10 Year Treasury Index. Formed in the United States on November 19, 1987, it continues to be based domestically.
Industry
Asset Management - Income
IPO Date
1988-02-19
Stock Exchange
NYSE
Ticker
HYB
According to The New America High Income Fund Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 9.76. This represents a change of 40.85% compared to the average of 6.93 of the last 4 quarters.
The mean historical PE Ratio of The New America High Income Fund Inc. over the last ten years is 5.19. The current 9.76 PE Ratio has changed 18.70% with respect to the historical average. Over the past ten years (40 quarters), HYB's PE Ratio was at its highest in in the June 2024 quarter at 16.66. The PE Ratio was at its lowest in in the June 2018 quarter at -8.29.
Average
5.19
Median
5.50
Minimum
-17.41
Maximum
26.29
Discovering the peaks and valleys of The New America High Income 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 = 293.55%
Maximum Annual PE Ratio = 26.29
Minimum Annual Increase = -242.22%
Minimum Annual PE Ratio = -17.41
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 5.87 | -242.22% |
| 2022 | -4.12 | -129.18% |
| 2021 | 14.14 | -29.97% |
| 2020 | 20.19 | 293.55% |
| 2019 | 5.13 | -140.71% |
| 2018 | -12.60 | -234.95% |
| 2017 | 9.34 | 82.50% |
| 2016 | 5.12 | -129.39% |
| 2015 | -17.41 | -166.21% |
| 2014 | 26.29 | 158.85% |
The current PE Ratio of The New America High Income Fund Inc. (HYB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.29
5-year avg
8.24
10-year avg
5.19
The New America High Income Fund Inc.’s PE Ratio is greater than Apollo Tactical Income Fund Inc. (6.18), greater than First Trust Dynamic Europe Equity Income Fund (-8.12), less than First Trust New Opportunities MLP & Energy Fund (13.61), greater than Allspring C&B Mid Cap Value Fund Class A (0), less than Allspring C&B Mid Cap Value Fund Admin Cl (0), greater than Allspring Discovery Large Cap Growth - A (-3.13), greater than Apollo Senior Floating Rate Fund Inc. (6.43), less than BMO Aggressive Allocation Fund- Class R6 (0), less than BMO Aggressive Allocation Fund- Class Y (0), greater than PIMCO California Municipal Income Fund II (-376.43),
| Company | PE Ratio | Market cap |
|---|---|---|
| 6.18 | $214.41M | |
| -8.12 | $216.95M | |
| 13.61 | $181.95M | |
| 0 | $201.30M | |
| 0 | $201.30M | |
| -3.13 | $198.61M | |
| 6.43 | $231.42M | |
| 0 | $189.64M | |
| 0 | $189.64M | |
| -376.43 | $169.97M |
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 The New America High Income 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 The New America High Income 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 The New America High Income Fund Inc.'s PE Ratio?
How is the PE Ratio calculated for The New America High Income Fund Inc. (HYB)?
What is the highest PE Ratio for The New America High Income Fund Inc. (HYB)?
What is the 3-year average PE Ratio for The New America High Income Fund Inc. (HYB)?
What is the 5-year average PE Ratio for The New America High Income Fund Inc. (HYB)?
How does the current PE Ratio for The New America High Income Fund Inc. (HYB) compare to its historical average?