Companies: 10,795·Total market cap: $144.5T
Federated Hermes Premier Municipal Income Fund

Federated Hermes Premier Municipal Income Fund

FMNNYSEFinancial Services● Active
$11.26
+$0.03(+0.27%)
Market Cap$88038573
P/E Ratio
52W High$11.4
52W Low$10.4

Federated Hermes Premier Municipal Income Fund (FMN) PE Ratio — Current & Historical Data

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

fmn · pe ratio · data through Nov 30, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Federated Hermes Premier Municipal Income Fund (FMN) measures how much investors pay for each dollar of the company's trailing earnings. FMN's current PE ratio of 94.83x is calculated by dividing its stock price of $11.26 by its TTM earnings per share of $0.12. +172.7% elevated vs 5Y avg 34.8x

94.83x
P/E Ratio (TTM)+172.7%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-11-30

Forward P/E
N/A
EPS (TTM)
$0.12
TTM · diluted EPS
PEG Ratio
-1.05
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Federated Hermes Premier Municipal Income Fund SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-13

PE Ratio History

2012 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 34.8x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 12 fiscal years · Front-end computed
Average
110.6x
12-yr mean
Median
19.2x
12-yr midpoint
Minimum
5.5x
Lowest year
Maximum
994.7x
Highest year
94.8x ← Now
5.5x
Min
Q1 · 25%19.2x
Median
Q3 · 75%994.7x
Max
Historically Elevated

At 94.83x, FMN's current P/E is higher than in 83% of its annual fiscal year readings over the past 12 years — historically elevated.

83th percentileHigher than 10 of 12 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Asset Management - Income · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Federated Hermes Premier Municipal Income Fund
Federated Hermes Premier Municipal Income FundYou
FMN
$88M94.83x+531.6%$0.12
Destra Multi-Alternative Fund
Destra Multi-Alternative Fund
DMA
$67MN/A-$0.17
Clough Global Dividend and Income Fund
Clough Global Dividend and Income Fund
GLV
$79M6.00x-60.0%$1.02
Hennessy Large Cap Financial Fund
Hennessy Large Cap Financial Fund
HLFNX
$78MN/A
Voya Asia Pacific High Dividend Equity Income Fund
Voya Asia Pacific High Dividend Equity Income Fund
IAE
$96M3.15x-79.0%$2.58
LSV Global Value Fund
LSV Global Value Fund
LVAGX
$114MN/A
Nuveen Municipal Income Fund, Inc.
Nuveen Municipal Income Fund, Inc.
NMI
$114M35.89x+139.1%$0.28
Industry Average
3 peers with valid PE
15.01xbaseline

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

Annual PE Ratio History

Showing 10 of 14 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-11-30Latest
FY2025
93.57x$0.12+761.9%
2024-11-30
FY2024
10.86x$1.04-65.6%
2023-11-30
FY2023
31.52x$0.33
2022-11-30
FY2022
$-2.76
2021-11-30
FY2021
18.80x$0.81-1.8%
2020-11-30
FY2020
19.14x$0.75+131.9%
2019-11-30
FY2019
8.26x$1.70-99.2%
2018-11-30
FY2018
994.75x$0.01+4251.3%
2017-11-30
FY2017
22.86x$0.62-76.3%
2016-11-30
FY2016
96.57x$0.15+403.7%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Federated Hermes Premier Municipal Income Fund (FMN) measures how much investors pay for each dollar of the company's trailing earnings. FMN's current PE ratio of 94.83x is calculated by dividing its stock price of $11.26 by its TTM earnings per share of $0.12.

PE Ratio = Stock Price ÷ EPS (TTM)
= $11.26 ÷ $0.12 = 94.83x
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

FMN pe ratio · 6 questions

FMN's current PE ratio is 94.83x as of 2026-06-13, based on a stock price of $11.26 and TTM EPS of $0.12. Data sourced from Financial Modeling Prep via FMN's SEC 10-K and 10-Q filings.

FMN PE ratioWhat is FMN PE ratioCurrent PE ratio of FMNFMN PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Federated Hermes Premier Municipal Income Fund SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-13