Companies: 10,795·Total market cap: $144.5T
Fidelity Michigan Municipal Income Fund

Fidelity Michigan Municipal Income Fund

FMHTXNASDAQFinancial Services● Active
$11.67
+$0.00(+0.00%)
Market Cap$506525625
P/E Ratio
52W High$11.81
52W Low$11.19

Fidelity Michigan Municipal Income Fund (FMHTX) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

fmhtx · pe ratio · data through Jun 9, 2026

Core PE Ratio Metrics

Trailing 12 months · TTM

Insufficient PE history data (fewer than 3 valid fiscal years).

PE Ratio vs Peers

Asset Management - Income · 2 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Fidelity Michigan Municipal Income Fund
Fidelity Michigan Municipal Income FundYou
FMHTX
$507MN/A
Fidelity  New Jersey Municipal Income Fund
Fidelity New Jersey Municipal Income Fund
FNJHX
$729MN/A
BlackRock Floating Rate Income Strategies Fund, Inc.
BlackRock Floating Rate Income Strategies Fund, Inc.
FRA
$386M17.10x$0.69

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Fidelity Michigan Municipal Income Fund (FMHTX) measures how much investors pay for each dollar of the company's trailing earnings. FMHTX's current PE ratio of N/A is calculated by dividing its stock price of $11.67 by its TTM earnings per share of —.

PE Ratio = Stock Price ÷ EPS (TTM)
= $11.67 ÷ — = N/A
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

FMHTX pe ratio · 6 questions

FMHTX's current PE ratio is N/A as of 2026-06-09, based on a stock price of $11.67 and TTM EPS of —. Data sourced from Financial Modeling Prep via FMHTX's SEC 10-K and 10-Q filings.

FMHTX PE ratioWhat is FMHTX PE ratioCurrent PE ratio of FMHTXFMHTX PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Fidelity Michigan Municipal Income Fund SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-09