HYB
Price:
$8.2
Market Cap:
$191.67M
The New America High Income Fund Inc. is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc. The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e. junk bonds rated BB or lower by S&P or Ba or lower by Moody. It benchmarks the performance of its portfolio against the Credit Suisse High Yield Index and the Citigroup 10 Year Treasury Index. The New America High Income Fund Inc. was formed on November 19, 1987 and is domiciled in the United States.
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 2.44% compared to the average of 9.53 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 December 2021 quarter at 23.69. The PE Ratio was at its lowest in in the June 2018 quarter at -8.58.
Average
5.19
Median
5.49
Minimum
-17.30
Maximum
26.22
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 = 294.02%
Maximum Annual PE Ratio = 26.22
Minimum Annual Increase = -242.20%
Minimum Annual PE Ratio = -17.30
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 5.85 | -242.20% |
| 2022 | -4.11 | -129.27% |
| 2021 | 14.06 | -30.41% |
| 2020 | 20.20 | 294.02% |
| 2019 | 5.13 | -140.88% |
| 2018 | -12.54 | -234.74% |
| 2017 | 9.31 | 81.83% |
| 2016 | 5.12 | -129.60% |
| 2015 | -17.30 | -165.95% |
| 2014 | 26.22 | 159.15% |
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
5.26
5-year avg
8.22
10-year avg
5.19
The New America High Income Fund Inc.’s PE Ratio is greater than Apollo Tactical Income Fund Inc. (6.19), greater than First Trust Dynamic Europe Equity Income Fund (-8.12), less than First Trust New Opportunities MLP & Energy Fund (13.61), less 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 (-3.14), greater than Apollo Senior Floating Rate Fund Inc. (6.44), less than BMO Aggressive Allocation Fund- Class R6 (0), less than BMO Aggressive Allocation Fund- Class Y (0), less than PIMCO California Municipal Income Fund II (136.63),
| Company | PE Ratio | Market cap |
|---|---|---|
| 6.19 | $214.41M | |
| -8.12 | $216.95M | |
| 13.61 | $181.95M | |
| 0 | $201.30M | |
| 0 | $201.30M | |
| -3.14 | $198.61M | |
| 6.44 | $231.42M | |
| 0 | $189.64M | |
| 0 | $189.64M | |
| 136.63 | $169.97M |
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