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T. Rowe Price NY Tax-Free Bond (PRNYX)

NASDAQ Financial Services Asset Management
$10.07 ▼ -0.40%
Market Cap
$420.3M
Sector
Financial Services
Industry
Asset Management
Beta
1.14
52-Wk Range
10.07-10.92
CEO
—
Country
US
Currency
USD

T. Rowe Price NY Tax-Free Bond operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $10.07, down 0.40% on the session, giving a market capitalisation of $420.3M. On trailing twelve-month figures it carries a trailing P/E of -10.17, a net margin of -199.1%. Its beta of 1.14 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-10.17
Price / Sales
214.76
Price / Book
8.18
EV / EBITDA
0.00
Gross margin
100.0%
Operating margin
89.3%
Net margin
-199.1%
Return on equity
—
Debt / equity
0.01
Current ratio
0.72
Dividend yield
3.9%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ
Employees
—
IPO date
1986-08-28
Headquarters
Baltimore, MD, US
About T. Rowe Price NY Tax-Free Bond

The fund invests so that, under normal market conditions, at least 80% of its net assets (including any borrowings for investment purposes) are invested in bonds that pay interest exempt from federal, New York state, and New York City income taxes, and at least 80% of the fund's income is expected to be exempt from federal, New York state, and New York City income taxes.

Comparable companies

T. Rowe Price NY Tax-Free Bond is most often compared with the following Financial Services names:

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