This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Nuveen Missouri Quality Municipalome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.404. Nuveen Missouri Quality Municipalome Fund's 10-Year median PS Ratio is -27.8713. Therefore, the Median PS Value for today is $-11.26.
As of today (2024-04-23), Nuveen Missouri Quality Municipalome Fund's share price is $9.9299. Nuveen Missouri Quality Municipalome Fund's Median PS Value is $-11.26. Therefore, Nuveen Missouri Quality Municipalome Fund's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Nuveen Missouri Quality Municipalome Fund's Median PS Value or its related term are showing as below:
During the past 13 years, the highest Price to Median PS Value of Nuveen Missouri Quality Municipalome Fund was 1.71. The lowest was 0.43. And the median was 1.07.
NOM's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 0.91 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Nuveen Missouri Quality Municipalome Fund Median PS Value Historical Data
The historical data trend for Nuveen Missouri Quality Municipalome Fund's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Nuveen Missouri Quality Municipalome Fund Annual Data
For the Asset Management subindustry, Nuveen Missouri Quality Municipalome Fund's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nuveen Missouri Quality Municipalome Fund Price-to-Median-PS-Value Distribution
For the Asset Management industry and Financial Services sector, Nuveen Missouri Quality Municipalome Fund's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Nuveen Missouri Quality Municipalome Fund's Price-to-Median-PS-Value falls into.
Nuveen Missouri Quality Municipalome Fund Median PS Value Calculation
Nuveen Missouri Quality Municipalome Fund's Median PS Value for today is calculated as
10-Year Median PS Ratio is -27.8713.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Missouri Quality Municipalome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.404.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nuveen Missouri Quality Municipalome Fund (NYSE:NOM) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Nuveen Missouri Quality Municipalome Fund's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
9.9299
/
-11.26
=
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nuveen Missouri Quality Municipalome Fund Median PS Value Related Terms
Thank you for viewing the detailed overview of Nuveen Missouri Quality Municipalome Fund's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuveen Missouri Quality Municipalome Fund (Nuveen Missouri Quality Municipalome Fund) Business Description
Nuveen Missouri Quality Municipal Income Fund is a diversified, closed-end management investment company operating in United States. The Fund's primary investment objective is current income exempt from both regular federal income taxes and Missouri state income taxes; its secondary investment objective is the enhancement of portfolio value. The fund invests in municipal securities as well as floating rate securities as well as derivatives such as futures, options and swap contracts to the necessary extent. Nuveen Fund Advisors, LLC acts as an investment adviser of the company.
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