PIMCO California Municipal Income Fund
Financial ratios & Valuation

Historical Multiples (2015 – 2023)

2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
10.57107.4112.35-1.07K10.1919.2532.25-5.3012.4011.05-531.52
Price/Sales ratio
12.1713.7112.218.15K10.1418.9231.47-5.3218.0111.8711.00
Price/Book Value ratio
0.620.710.770.810.960.860.901.460.840.850.91
Price/Cash Flow ratio
N/AN/A-10.0023.6014.207.2636.274.189.666.3610.73
Price/Free Cash Flow ratio
N/AN/A-10.0023.6014.207.2636.274.189.666.3710.73
Price/Earnings Growth ratio
N/A-1.190.0110.60-0.00-0.37-0.930.00-0.100.345.30
Dividend Yield
N/AN/A5.75%6.58%5.24%4.62%4.02%5.88%5.91%4.81%5.02%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%-8432.43%91.65%82.05%71.34%105.06%100%81.46%86.85%
Operating Profit Margin
84.89%84.89%102.82%5243.24%99.51%98.30%97.56%98.20%82.36%147.44%2671.38%
Pretax Profit Margin
116.32%17.97%98.88%-759.45%99.51%98.30%97.56%100.29%145.21%120.02%-329.96%
Net Profit Margin
115.11%12.76%98.88%-759.45%99.51%98.30%97.56%100.29%145.21%107.39%-329.96%
Effective Tax Rate
27.02%-372.35%3.97%-790.39%-6.53%-6.69%123.66%-24.95%N/A15.38%-398.46%
Return on Assets
5.48%0.60%5.15%-0.05%7.27%3.71%2.28%-15.22%6.11%4.52%5.89%
Return On Equity
5.87%0.66%6.29%-0.07%9.45%4.51%2.81%-27.55%6.81%6.03%7.74%
Return on Capital Employed
4.05%4.43%5.37%0.39%7.29%3.72%2.29%-14.96%3.47%6.29%6.79%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A1.00N/A
Quick Ratio
3.940.175.294.62-4.284.224.213.208.191.000.17
Cash ratio
0.250.010.570.000.000.00N/AN/A0.000.020.00
Days of Sales Outstanding
106.99107.7897.6268.05K58.28105.99169.80-30.38105.80108.7534.05K
Days of Inventory outstanding
N/AN/AN/A0.001.44K0.00N/AN/AN/AN/A724.60
Operating Cycle
N/AN/AN/A68.05K1.50K105.99169.80-30.38N/A108.75806.74
Days of Payables Outstanding
N/AN/AN/A172.38175.32139.66140.52186.92N/A477.84173.85
Cash Conversion Cycle
N/AN/AN/A67.88K1.33K-33.6729.27-217.30N/A-369.09649.24
Debt Ratios
Debt Ratio
0.060.08N/A0.180.160.110.120.030.090.390.17
Debt Equity Ratio
0.060.09N/A0.240.210.130.150.050.110.680.23
Long-term Debt to Capitalization
0.06N/AN/AN/AN/AN/AN/AN/A0.090.40N/A
Total Debt to Capitalization
0.060.08N/A0.190.170.120.130.050.090.400.18
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A24.11N/A
Cash Flow to Debt Ratio
N/AN/AN/A0.130.300.860.165.840.790.190.58
Company Equity Multiplier
1.071.091.221.331.291.211.231.811.111.711.31
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/AN/A-1.22345.270.712.600.86-1.271.861.86172.99
Free Cash Flow / Operating Cash Flow Ratio
N/AN/A111111111
Cash Flow Coverage Ratio
N/AN/AN/A0.130.300.860.165.840.790.190.58
Short Term Coverage Ratio
N/AN/AN/A0.130.300.860.165.84N/AN/A0.58
Dividend Payout Ratio
N/AN/A71.07%-7062.63%53.47%89.08%129.72%-31.23%73.33%114.38%-3504.57%