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Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Median PS Value : $0.00 (As of Apr. 26, 2024)


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What is Nuveen CA Dividend Advantage Muni Fund 2 Median PS Value?

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 CA Dividend Advantage Muni Fund 2's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2016 was $-12.602. Nuveen CA Dividend Advantage Muni Fund 2's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-04-26), Nuveen CA Dividend Advantage Muni Fund 2's share price is $19.915. Nuveen CA Dividend Advantage Muni Fund 2's Median PS Value is $0.00. Therefore, Nuveen CA Dividend Advantage Muni Fund 2's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Nuveen CA Dividend Advantage Muni Fund 2's Median PS Value or its related term are showing as below:

NVX's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 0.92
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Nuveen CA Dividend Advantage Muni Fund 2 Median PS Value Historical Data

The historical data trend for Nuveen CA Dividend Advantage Muni Fund 2'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 CA Dividend Advantage Muni Fund 2 Median PS Value Chart

Nuveen CA Dividend Advantage Muni Fund 2 Annual Data
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Median PS Value
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Nuveen CA Dividend Advantage Muni Fund 2 Semi-Annual Data
Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16
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Competitive Comparison of Nuveen CA Dividend Advantage Muni Fund 2's Median PS Value

For the Asset Management subindustry, Nuveen CA Dividend Advantage Muni Fund 2'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 CA Dividend Advantage Muni Fund 2's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen CA Dividend Advantage Muni Fund 2's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Nuveen CA Dividend Advantage Muni Fund 2's Price-to-Median-PS-Value falls into.



Nuveen CA Dividend Advantage Muni Fund 2 Median PS Value Calculation

Nuveen CA Dividend Advantage Muni Fund 2's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=-12.602*0
=0.00

10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen CA Dividend Advantage Muni Fund 2's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2016 was $-12.602.

* 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 CA Dividend Advantage Muni Fund 2  (AMEX:NVX) 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 CA Dividend Advantage Muni Fund 2's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=19.915/0.00
=

* 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 CA Dividend Advantage Muni Fund 2 Median PS Value Related Terms

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Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Business Description

Traded in Other Exchanges
N/A
Address
Nuveen CA Dividend Advantage Muni Fund 2 is a closed-end investment company. The Fund's investment objective is to provide an attractive level of total return, primarily through long-term capital appreciation and secondarily through income and gains.
Executives
Christopher M. Rohrbacher officer: Vice President 333 W. WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Margaret L. Wolff other: Trustee C/O NUVEEN 333 W. WACKER DR., STE 3400, CHICAGO IL 60606
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Sherri A Hlavacek officer: Vice President and Treasurer 333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Schreier Thomas S Jr other: Trustee C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
John Kevin Nelson other: Trustee C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Joel T. Slager officer: Vice President C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 3400, CHICAGO IL 60606
Steven M. Hlavin other: Portfolio Manager 333 W. WACKER DRIVE, SUITE 2900, CHICAGO IL 60606
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402