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Nuveen Real Estateome Fund (Nuveen Real Estateome Fund) Price-to-Tangible-Book : 0.84 (As of May. 11, 2024)


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What is Nuveen Real Estateome Fund Price-to-Tangible-Book?

As of today (2024-05-11), Nuveen Real Estateome Fund's share price is $7.43. Nuveen Real Estateome Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.85. Hence, Nuveen Real Estateome Fund's Price to Tangible Book Ratio of today is 0.84.

The historical rank and industry rank for Nuveen Real Estateome Fund's Price-to-Tangible-Book or its related term are showing as below:

JRS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.94   Max: 0.99
Current: 0.84

During the past 13 years, Nuveen Real Estateome Fund's highest Price to Tangible Book Ratio was 0.99. The lowest was 0.84. And the median was 0.94.

JRS's Price-to-Tangible-Book is ranked better than
72.67% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs JRS: 0.84

A closely related ratio is called PB Ratio. As of today, Nuveen Real Estateome Fund's share price is $7.43. Nuveen Real Estateome Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.85. Hence, Nuveen Real Estateome Fund's P/B Ratio of today is 0.84.


Nuveen Real Estateome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Nuveen Real Estateome Fund's Price-to-Tangible-Book 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 Real Estateome Fund Price-to-Tangible-Book Chart

Nuveen Real Estateome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.88 0.97 0.93 0.88

Nuveen Real Estateome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.99 0.93 0.88 0.88

Competitive Comparison of Nuveen Real Estateome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Nuveen Real Estateome Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Real Estateome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Real Estateome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nuveen Real Estateome Fund's Price-to-Tangible-Book falls into.



Nuveen Real Estateome Fund Price-to-Tangible-Book Calculation

Nuveen Real Estateome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=7.43/8.845
=0.84

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Nuveen Real Estateome Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Nuveen Real Estateome Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Real Estateome Fund (Nuveen Real Estateome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Real Estate Income Fund is a diversified closed-end investment company. The fund seeks to provide high current income and capital appreciation by investing in income-producing common stocks, preferred stocks, convertible preferred stocks and debt securities issued by real estate companies. It invests at least 80% of its total assets in income-producing equity securities issued by Real Estate Investment Trusts (REITs) and will not invest more than 25% of its total assets in non-investment grade preferred stocks, convertible preferred stocks, and debt securities.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Nathan J. Gear other: Portfolio Manager 10 SOUTH DEARBORN STREET, SUITE 1400, CHICAGO IL 60603
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606

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