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Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) PEG Ratio : N/A (As of Apr. 29, 2024)


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What is Nuveen CA Dividend Advantage Muni Fund 2 PEG Ratio?

PE Ratio without NRI / 5-Year Book Value Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, Nuveen CA Dividend Advantage Muni Fund 2's PE Ratio without NRI is 9.76. Nuveen CA Dividend Advantage Muni Fund 2's 5-Year Book Value growth rate is 0.00%. Therefore, Nuveen CA Dividend Advantage Muni Fund 2's PEG Ratio for today is N/A.

* The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


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



NVX's PEG Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.82
* Ranked among companies with meaningful PEG Ratio only.

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Nuveen CA Dividend Advantage Muni Fund 2 PEG Ratio Historical Data

The historical data trend for Nuveen CA Dividend Advantage Muni Fund 2's PEG Ratio 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 PEG Ratio Chart

Nuveen CA Dividend Advantage Muni Fund 2 Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
PEG Ratio
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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 PEG Ratio

For the Asset Management subindustry, Nuveen CA Dividend Advantage Muni Fund 2's PEG Ratio, along with its competitors' market caps and PEG Ratio 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 PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen CA Dividend Advantage Muni Fund 2's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen CA Dividend Advantage Muni Fund 2's PEG Ratio falls into.



Nuveen CA Dividend Advantage Muni Fund 2 PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

Nuveen CA Dividend Advantage Muni Fund 2's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year Book Value Growth Rate*
=9.7622549019608/0.00
=N/A

* 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.

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Nuveen CA Dividend Advantage Muni Fund 2  (AMEX:NVX) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Nuveen CA Dividend Advantage Muni Fund 2 PEG Ratio 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

Nuveen CA Dividend Advantage Muni Fund 2 (Nuveen CA Dividend Advantage Muni Fund 2) Headlines