# PIMCO California Municipal Income Fund (PCQ) fundamentals

Data as of 2026-11-06. NYSE, United States. Sector: Financial Services / Capital Markets. Price $8.33, market value $468 million.

## Valuation
- **P/E (trailing): 7.6×** (5-yr avg 146.9×, 3-yr avg 146.9×). PIMCO California Municipal Income Fund trades at 7.6× trailing earnings, well below its own five-year average of 146.9×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 14.2×**. Each dollar of revenue is priced at 14.2×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.8×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: -51.9%** (5-yr avg -22.8%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 13.2%**. The inverse of the P/E: 13.2% of the price is earned each year.

## Profitability
- **Net margin: 99.2%**. 99.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.9%**. 5.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 3.3%**. Each dollar of assets produces 3.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 1691.5%**. Revenue grew 1691.5% over the last year.
- **EPS growth (1 yr): 250.0%**. Earnings per share rose 250.0%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 5.25%** ($0.43 per share, trailing). PIMCO California Municipal Income Fund yields 5.25%, an income-level yield.
- **Payout ratio: 41%**. 41% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): -11.4%/yr** (1-yr 0.0%). The dividend has not grown over five years.
- **Shareholder yield: -51.5%**. Dividends plus net buybacks return -51.5% of the market value a year.

## Price and momentum
- **Total return (1 yr): -3.8%** (YTD -3.0%, 3-mo -6.4%). The shares are down 3.8% over twelve months including dividends.
- **From 52-week high: -9.4%** (10.0% above the low). Trading 9% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 61**. An RSI of 61 is neutral.
- **Beta (1 yr): 0.26** (volatility 10%). Beta of 0.26 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PCQ · Page: https://foliofundamentals.com/stocks/pcq

Not investment advice.