BNY Mellon Strategic Municipals, Inc. (LEO) P/E Ratio History
Deep ValueTrading at -29.0x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2001–2026
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P/E Ratio Analysis
The current P/E is 280% below its 5-year average of 16.1x. Over the past five years, LEO's P/E has ranged from a low of 4.6x to a high of 106.5x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Financial Services sector median P/E of 12.1x, LEO trades at a 341% discount to its sector peers. The sector includes 763 companies with P/E ratios ranging from 0.0x to 190.1x.
Relative to the broader market, LEO trades at a notable discount to the S&P 500 median P/E of 21.8x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our LEO DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
LEO Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
LEO P/E vs Peers
Bond and Credit Income Funds peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $99B | 19.9 | 1.41 | +28% | |
| $286B | 13.8 | 1.45 | +28%Best | |
| $261B | 11.8Lowest | 0.75Best | +27% | |
| $97B | 23.4 | 2.63 | +21% | |
| $47B | 33.5 | 1.98 | +11% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
LEO Historical P/E Data (2001–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | - | $6.29 | $0.24 | 25.8x | +127% |
| FY2025 Q4 | - | $6.25 | $0.97 | 6.4x | -43% |
| FY2025 Q2 | Mar 31 2025 | $6.12 | $0.36 | 17.0x | +49% |
| FY2024 Q4 | Sep 30 2024 | $6.51 | $1.21 | 5.4x | -53% |
| FY2022 Q2 | - | $7.19 | $0.64 | 11.2x | -1% |
| FY2021 Q4 | - | $8.70 | $0.88 | 9.9x | -13% |
| FY2021 Q2 | Mar 31 2021 | $8.54 | $1.07 | 8.0x | -30% |
| FY2020 Q4 | Sep 30 2020 | $8.28 | $0.94 | 8.8x | -23% |
| FY2020 Q2 | - | $7.45 | $0.41 | 18.1x | +59% |
| FY2019 Q4 | Sep 30 2019 | $8.58 | $0.87 | 9.9x | -13% |
| FY2019 Q2 | Mar 31 2019 | $7.89 | $0.71 | 11.1x | -2% |
| FY2018 Q4 | Sep 30 2018 | $7.50 | $0.07 | 106.5x | +837% |
| FY2018 Q2 | Mar 31 2018 | $7.71 | $0.36 | 21.5x | +89% |
| FY2017 Q4 | Sep 30 2017 | $8.79 | $0.90 | 9.8x | -14% |
| FY2017 Q2 | Mar 31 2017 | $8.60 | $0.68 | 12.7x | +11% |
| FY2016 Q4 | Sep 30 2016 | $9.35 | $1.39 | 6.7x | -41% |
| FY2016 Q2 | - | $8.97 | $1.67 | 5.4x | -53% |
| FY2015 Q4 | Sep 30 2015 | $8.18 | $1.79 | 4.6x | -60% |
| FY2015 Q2 | - | $8.39 | $0.83 | 10.1x | -11% |
| FY2014 Q4 | - | $8.37 | $0.63 | 13.3x | +17% |
| FY2014 Q2 | Mar 31 2014 | $8.10 | $0.77 | 10.5x | -7% |
| FY2013 Q4 | Sep 30 2013 | $8.02 | $0.84 | 9.5x | -16% |
| FY2013 Q2 | Mar 31 2013 | $9.20 | $2.79 | 3.3x | -71% |
| FY2012 Q4 | Sep 30 2012 | $10.02 | $1.85 | 5.4x | -52% |
| FY2012 Q2 | Mar 31 2012 | $9.12 | $1.70 | 5.4x | -53% |
| FY2011 Q4 | Sep 30 2011 | $8.50 | $1.12 | 7.6x | -33% |
| FY2011 Q2 | - | $8.04 | $1.51 | 5.3x | -53% |
| FY2010 Q4 | - | $9.02 | $1.92 | 4.7x | -59% |
| FY2010 Q2 | Mar 31 2010 | $8.50 | $0.85 | 10.0x | -12% |
| FY2009 Q4 | Sep 30 2009 | $7.91 | $0.59 | 13.4x | +18% |
| FY2008 Q2 | Mar 31 2008 | $8.51 | $0.70 | 12.2x | +8% |
| FY2007 Q4 | Sep 30 2007 | $8.74 | $1.09 | 8.1x | -29% |
| FY2007 Q2 | Mar 31 2007 | $9.56 | $1.59 | 6.0x | -47% |
| FY2006 Q4 | Sep 30 2006 | $9.18 | $1.62 | 5.7x | -50% |
| FY2006 Q2 | Mar 31 2006 | $8.88 | $1.28 | 6.9x | -39% |
| FY2005 Q4 | Sep 30 2005 | $8.87 | $1.61 | 5.5x | -52% |
| FY2005 Q2 | - | $8.17 | $1.62 | 5.0x | -56% |
| FY2004 Q4 | - | $8.86 | $1.30 | 6.8x | -40% |
| FY2004 Q2 | Mar 31 2004 | $9.59 | $1.47 | 6.5x | -43% |
| FY2003 Q4 | - | $9.38 | $1.00 | 9.4x | -18% |
| FY2003 Q2 | Mar 31 2003 | $9.56 | $0.75 | 12.7x | +12% |
| FY2002 Q4 | Sep 30 2002 | $10.11 | $1.47 | 6.9x | -40% |
| FY2002 Q2 | Mar 31 2002 | $9.60 | $1.68 | 5.7x | -50% |
| FY2001 Q4 | Sep 30 2001 | $9.69 | $1.74 | 5.6x | -51% |
Average P/E for displayed period: 11.4x
LEO Chart Terminal
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
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Peer Comparison
Compare growth, multiples, and margins vs sector.
LEO — Frequently Asked Questions
Quick answers to the most common questions about buying LEO stock.
What is LEO's P/E ratio?
BNY Mellon Strategic Municipals, Inc. (LEO) trailing twelve-month P/E ratio is -29.0x, based on TTM diluted EPS of N/A. The 5-year average P/E is 16.1x and the historical range spans 4.6x to 106.5x.
Is LEO stock overvalued or undervalued?
LEO trades at -29.0x P/E, below its 5-year average of 16.1x. At the 0th percentile of its historical range (4.6x–106.5x), the stock is priced at a discount to its own history.
Is LEO stock expensive?
No, LEO is not expensive on a historical basis. The current P/E of -29.0x is below the 5-year average of 16.1x and sits at the 0th percentile of its valuation range.
What is LEO's historical P/E range?
Over the past 5 years, LEO's P/E ratio has ranged from 4.6x to 106.5x, with a median of 10.1x and an average of 16.1x. The current P/E of -29.0x places the stock at the 0th percentile of this range. Full historical data spans 2001–2026.
How does LEO's P/E compare to the S&P 500?
LEO trades at -29.0x P/E versus the S&P 500 median of 21.8x. The 233% discount to the market suggests lower growth expectations or perceived higher risk.
How does LEO's valuation compare to Financial Services peers?
BNY Mellon Strategic Municipals, Inc. P/E of -29.0x compares to the Financial Services sector median of 12.1x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is LEO's PEG ratio?
LEO PEG ratio is N/A, based on a P/E of -29.0x and EPS growth of -117.8%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is LEO's earnings yield?
LEO earnings yield is N/A, the inverse of its -29.0x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.