PIMCO California Municipal Income Fund III
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
0.620.47
Price/Sales ratio
0.000.00
Earnings per Share (EPS)
$9.71$12.80

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
6.2815.45136.7610.35-60.238.4416.8329.67-4.089.6315.08-60.23
Price/Sales ratio
12.6531.1514.3512.6211.2714.8914.9816.6813.2812.9317.6111.27
Price/Book Value ratio
0.661.580.740.670.680.780.690.760.690.620.860.68
Price/Cash Flow ratio
N/AN/AN/A-10.0018.8016.265.6641.493.917.1111.3516.26
Price/Free Cash Flow ratio
N/AN/AN/A-10.0018.8016.265.6641.493.917.1111.3716.26
Price/Earnings Growth ratio
-0.01-0.28-1.530.010.51-0.00-0.30-0.870.00-0.070.150.15
Dividend Yield
N/AN/AN/A6.64%6.69%5.29%4.88%3.98%6.34%8.21%5.24%5.29%
Profitability Indicator Ratios
Gross Profit Margin
100%83.65%84.44%85.58%85.76%84.55%81.93%81.45%83.14%100%73.01%84.55%
Operating Profit Margin
85.43%84.14%84.37%85.32%85.76%84.52%81.90%81.40%83.11%81.98%146.55%85.76%
Pretax Profit Margin
202.09%203.09%15.79%121.92%-4.43%176.31%88.96%56.23%-310.15%134.25%116.49%-4.43%
Net Profit Margin
201.30%201.62%10.49%121.92%-18.72%176.31%88.96%56.23%-324.98%134.25%116.49%-18.72%
Effective Tax Rate
57.72%58.56%-434.28%-42.64%2032.17%52.05%7.94%-44.74%126.79%N/AN/A52.05%
Return on Assets
9.56%9.46%0.48%5.29%-0.85%7.09%3.42%2.08%-14.86%5.68%3.34%-0.85%
Return On Equity
10.54%10.26%0.54%6.47%-1.14%9.26%4.15%2.56%-16.93%6.51%4.57%-1.14%
Return on Capital Employed
4.07%3.96%3.93%3.71%3.94%3.41%3.15%3.03%3.81%3.48%4.21%3.94%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
10.03-2.62-0.45-0.494.755.376.4927.846.556.51N/A5.37
Cash ratio
0.380.120.341.35N/A0.000.00N/AN/A0.00N/A0.00
Days of Sales Outstanding
108.89105.31109.26111.59106.87103.78102.11102.7196.5193.92144.21106.87
Days of Inventory outstanding
N/A1.17K867.241.08KN/AN/AN/A-579.82-240.26N/AN/AN/A
Operating Cycle
N/A1.28K976.511.19K106.87103.78102.11-477.10-143.74N/A144.21106.87
Days of Payables Outstanding
N/A175.17N/A142.95142.54134.09112.56112.89143.29N/AN/A134.09
Cash Conversion Cycle
N/A1.10K976.511.05K-35.66-30.31-10.44-590.00-287.04N/A144.21-35.66
Debt Ratios
Debt Ratio
0.080.070.090.170.240.230.170.180.110.120.390.24
Debt Equity Ratio
0.090.080.100.210.320.300.200.220.130.140.670.32
Long-term Debt to Capitalization
0.080.070.090.170.240.230.170.180.110.120.400.24
Total Debt to Capitalization
0.080.070.090.170.240.230.170.180.110.120.400.24
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A13.74N/A
Cash Flow to Debt Ratio
N/AN/AN/A-0.300.110.150.580.081.300.620.110.11
Company Equity Multiplier
1.101.081.111.221.321.301.211.221.131.141.711.32
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/AN/AN/A-1.260.590.912.640.403.391.811.540.59
Free Cash Flow / Operating Cash Flow Ratio
N/AN/AN/A111111111
Cash Flow Coverage Ratio
N/AN/AN/A-0.300.110.150.580.081.300.620.110.11
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
N/AN/AN/A68.82%-403.17%44.68%82.32%118.36%-25.93%79.16%122.66%-403.17%