Eaton Vance Tax-Managed Diversified Equity Income Fund Ratios | P/E, ROE & Valuation

On the Key Ratios page for Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY), the latest P/E of 5.2 frames valuation, while ROE 17.69% and ROIC 19.74% indicates profitability and capital efficiency. Together with the current ratio of 0.52 and debt-to-equity 0.00, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

ETY Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$1.10$1.20$0.18$1.10$3.80$0.22$1.03$0.69$0.91$0.24
Net Income per Share$2.76$4.34$1.27$-1.89$3.79$0.74$1.02$0.91$1.83$0.14
Operating Cash Flow per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Free Cash Flow per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Cash per Share$0.01$0.02$0.05$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Book Value per Share$15.58$14.91$11.66$11.46$14.54$11.73$11.88$11.98$11.96$11.14
Tangible Book Value per Share$15.58$14.91$11.66$11.46$14.54$11.73$11.88$11.98$11.96$11.14
Interest Debt per Share$0.00$0.01$0.01$0.01$0.00$0.00$0.00$0.00$0.01$0.00
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

ETY Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)5.193.358.69-6.353.8713.9511.6612.576.3573.81
Price to Book (P/B)0.930.970.941.051.010.8810.960.970.92
Price to Sales (P/S)13.1712.0859.7810.93.8646.8811.5616.6112.8542.49
Enterprise Value to EBITDA5.223.358.68-6.223.9714.12012.666.440
EV to Sales13.1712.0859.66113.947.4111.6616.7313.0242.49
EV to Operating Cash Flow0000000000
EV to Free Cash Flow0000000000
Enterprise Value$2.30B$2.29B$1.73B$1.89B$2.26B$1.57B$1.80B$1.71B$1.76B$1.54B

ETY Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)17.69%29.10%10.86%-16.48%26.09%6.33%8.60%7.62%15.32%1.25%
Return on Invested Capital (ROIC)19.74%29.07%10.82%-16.46%25.66%6.32%8.53%7.59%15.24%1.07%
Return on Tangible Assets17.44%29.02%10.82%-16.18%25.58%6.31%8.47%7.54%15.24%1.24%
Earnings Yield19.15%29.87%11.50%-15.74%25.86%7.17%8.57%7.96%15.74%1.35%
Free Cash Flow Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield8.26%7.55%8.77%9.29%7.07%9.78%8.49%8.83%8.69%9.83%

ETY Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.520.323.630.151.52.151.340.864.660.4
Interest Coverage0000000000
Income Quality0000000000
Debt to Equity0000000000
Debt to Assets0.00%0.04%0.05%0.07%0.00%0.00%0.00%0.00%0.07%0.00%
Net Debt to EBITDA00-0.02-0.060.040.1600.090.080

ETY Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover1278.31356.81.98145.7365.313.768.9310.5421.457.54
Payables Turnover12.050017.333.0611.811.351.5611.930
Inventory Turnover0005.792.4101.242.062.860
Days Sales Outstanding0.291.02184.132.55.5926.5340.8634.6417.0248.39
Days Payables Outstanding30.30021.06119.1730.92269.87233.6930.580
Days of Inventory on Hand00062.99151.640293.98177.12127.460

ETY Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA5.223.358.68-6.223.9714.12012.666.440
Market Cap$2.30B$2.29B$1.73B$1.87B$2.23B$1.55B$1.79B$1.70B$1.74B$1.54B
Enterprise Value$2.30B$2.29B$1.73B$1.89B$2.26B$1.57B$1.80B$1.71B$1.76B$1.54B
Dividend Yield8.26%7.55%8.77%9.29%7.07%9.78%8.49%8.83%8.69%9.83%
Payout Ratio0.00%25.29%76.27%-59.02%27.34%136.52%98.98%110.92%55.20%725.58%

Frequently Asked Questions

How does Eaton Vance Tax-Managed Diversified Equity Income Fund’s P/E ratio compare with its history?

On this page, ETY's current P/E is 5.2, compared with a multi-year average around 15.5. 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 Eaton Vance Tax-Managed Diversified Equity 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 $2.30B. 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 Eaton Vance Tax-Managed Diversified Equity 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 Eaton Vance Tax-Managed Diversified Equity 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 Eaton Vance Tax-Managed Diversified Equity Income Fund compare to its competitors in key financial ratios?

The fastest way to compare Eaton Vance Tax-Managed Diversified Equity 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 Eaton Vance Tax-Managed Diversified Equity Income Fund outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Eaton Vance Tax-Managed Diversified Equity Income Fund's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Eaton Vance Tax-Managed Diversified Equity Income Fund is financially strong. Current ratio is about 0.52, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 0.00, implying less buffer for servicing interest costs. Debt-to-equity is about 0.00, 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 Eaton Vance Tax-Managed Diversified Equity 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 Eaton Vance Tax-Managed Diversified Equity Income Fund is sustaining strong returns (for example ROE at 17.69% and ROIC at 19.74%) 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.