Calamos Convertible and High Income Fund Ratios | P/E, ROE & Valuation

On the Key Ratios page for Calamos Convertible and High Income Fund (CHY), the latest P/E of 3.1 frames valuation, while ROE 33.29% and ROIC 23.21% indicates profitability and capital efficiency. Together with the current ratio of 3.14 and debt-to-equity 0.46, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

CHY Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$2.00$2.33$0.20$1.38$4.32$3.07$1.19$0.26$1.84$0.31
Net Income per Share$4.07$2.32$-0.13$-4.43$4.31$3.06$1.18$0.25$1.83$0.21
Operating Cash Flow per Share$0.15$0.05$1.41$1.46$-0.41$0.82$1.17$0.94$0.15$0.54
Free Cash Flow per Share$0.15$1.23$1.41$1.46$-0.41$0.82$1.17$0.94$0.15$0.54
Cash per Share$0.31$0.36$0.22$0.24$0.59$0.00$0.38$0.30$0.33$0.00
Book Value per Share$12.74$10.63$9.49$11.13$16.43$13.22$11.22$11.11$12.01$11.33
Tangible Book Value per Share$12.74$10.63$9.49$11.13$16.43$13.22$11.22$11.11$12.01$11.33
Interest Debt per Share$6.14$6.61$4.78$5.12$6.02$5.95$4.35$4.50$4.26$4.71
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

CHY Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)3.095.09-86.38-2.483.883.769.4143.446.5449.96
Price to Book (P/B)0.991.111.150.991.020.870.990.9810.92
Price to Sales (P/S)6.335.0753.297.993.873.759.3241.716.533.63
Enterprise Value to EBITDA4.226.6977.72-3.674.475.4712.9438.158.4794.36
EV to Sales9.117.6174.0511.445.15.6512.8258.48.7749.18
EV to Operating Cash Flow120.35364.7510.6810.75-53.4721.181316.23107.5128.19
EV to Free Cash Flow120.3514.3510.6810.75-53.4721.181316.23107.5128.19
Enterprise Value$1.47B$1.37B$1.15B$1.16B$1.62B$1.27B$1.11B$1.10B$1.17B$1.11B

CHY Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)33.29%21.81%-1.33%-39.81%26.23%23.14%10.51%2.25%15.24%1.85%
Return on Invested Capital (ROIC)23.21%15.62%1.25%-24.00%20.25%16.56%6.98%2.37%10.77%-2.56%
Return on Tangible Assets21.66%13.60%-0.79%-24.36%17.60%15.97%6.90%1.47%10.28%1.31%
Earnings Yield32.13%19.66%-1.16%-40.28%25.79%26.61%10.63%2.30%15.29%2.00%
Free Cash Flow Yield1.20%10.47%13.01%13.31%-2.47%7.12%10.58%8.63%1.26%5.19%
Dividend Yield9.47%9.24%10.04%10.37%6.72%8.83%9.14%10.45%9.89%11.46%

CHY Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio3.141.632.581.335.1900.823.482.8410.79
Interest Coverage16.888.030.61-29.0351.6428.226.592.6824.853.46
Income Quality0.040.02-11.24-0.33-0.10.270.993.750.083.65
Debt to Equity0.460.590.470.450.360.440.370.390.350.41
Debt to Assets31.31%36.87%28.02%27.35%24.20%30.49%24.36%25.53%23.50%29.04%
Net Debt to EBITDA1.292.2421.79-1.111.081.843.5310.92.1929.83

CHY Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover12.3615.641.1810.6635.8821.397.421.5111.21.5
Payables Turnover1.0509.611.771.551.830.713.812.360
Inventory Turnover0000000.260.3100
Days Sales Outstanding29.5423.34309.4434.2510.1717.0649.16241.9932.58243.95
Days Payables Outstanding347.01037.97206.74235.6199.7514.4695.79154.340
Days of Inventory on Hand0000001423.191180.7100

CHY Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA4.226.6977.72-3.674.475.4712.9438.158.4794.36
Market Cap$1.02B$909.16M$830.24M$808.24M$1.23B$842.00M$809.34M$788.03M$865.88M$759.49M
Enterprise Value$1.47B$1.37B$1.15B$1.16B$1.62B$1.27B$1.11B$1.10B$1.17B$1.11B
Dividend Yield9.47%9.24%10.04%10.37%6.72%8.83%9.14%10.45%9.89%11.46%
Payout Ratio27.47%46.99%-867.68%-25.75%26.04%33.20%85.97%454.01%64.69%572.64%

Frequently Asked Questions

How does Calamos Convertible and High Income Fund’s P/E ratio compare with its history?

On this page, CHY's current P/E is 3.1, compared with a multi-year average around 15.6. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is Calamos Convertible and High Income Fund market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $1.02B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Calamos Convertible and High Income Fund’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Calamos Convertible and High Income Fund's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Calamos Convertible and High Income Fund compare to its competitors in key financial ratios?

The fastest way to compare Calamos Convertible and High Income Fund with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Calamos Convertible and High Income Fund outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Calamos Convertible and High Income Fund's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Calamos Convertible and High Income Fund is financially strong. Current ratio is about 3.14, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 16.88, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.46, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Calamos Convertible and High Income Fund's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Calamos Convertible and High Income Fund is sustaining strong returns (for example ROE at 33.29% and ROIC at 23.21%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.