Intrinsiqs

Is T. Rowe Price Tax-Free High Yield Fund overvalued?

T. Rowe Price Tax-Free High Yield Fund (PRFHX) — key valuation metrics and fundamentals.

No verdict
Price
$11.31
Fair value
Current P/E
Normal P/E
Market cap
$3.63B
Dividend yield
Return on equity
Sector
Financial Services

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Fair value compares PRFHX's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.