Eaton Vance National Municipal Opportunities TrustEOT.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, Eaton Vance National Municipal Opportunities Trust (EOT.N) trades at a P/E of 21.70x, P/B of 0.87x, P/S of 15.10x, and a dividend yield of 4.40%.
Longitudinal percentile comparison: P/E sits at the 36th percentile over the trailing 10Y window (vs. 36th percentile over 3Y); P/B sits at the 7th percentile over the trailing 10Y window (vs. 7th percentile over 3Y); P/S sits at the 5th percentile over the trailing 10Y window (vs. 5th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 78th percentile within its industry and the 56th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 4.40%, ranking at the 37th percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 28.7 points — relying on either metric alone could be misleading. Relative to the broader market, its P/E shows a deeper discount than it does against industry peers. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. Eaton Vance National Municipal Opportunities Trust operates in the other sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: EOT · EOT
Want the full picture on whether Eaton Vance National Municipal Opportunities Trust (EOT.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 21.70 | ||||||
| P/B (MRQ) | 0.87 | ||||||
| P/S (TTM) | 15.10 | ||||||
| Dividend Yield | 4.40% | ||||||
| Buyback + Div Yield | 4.40% |