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Nuveen NJ Municipal Value Fund (Nuveen NJ Municipal Value Fund) Shiller PE Ratio : 15.13 (As of Apr. 26, 2024)


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What is Nuveen NJ Municipal Value Fund Shiller PE Ratio?

As of today (2024-04-26), Nuveen NJ Municipal Value Fund's current share price is $14.52. Nuveen NJ Municipal Value Fund's E10 for the fiscal year that ended in Feb20 was $0.96. Nuveen NJ Municipal Value Fund's Shiller PE Ratio for today is 15.13.

The historical rank and industry rank for Nuveen NJ Municipal Value Fund's Shiller PE Ratio or its related term are showing as below:

NJV's Shiller PE Ratio is not ranked *
in the Asset Management industry.
Industry Median: 12.595
* Ranked among companies with meaningful Shiller PE Ratio only.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Nuveen NJ Municipal Value Fund's adjusted earnings per share data of for the fiscal year that ended in Feb20 was $1.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.96 for the trailing ten years ended in Feb20.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nuveen NJ Municipal Value Fund Shiller PE Ratio Historical Data

The historical data trend for Nuveen NJ Municipal Value Fund's Shiller PE 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 NJ Municipal Value Fund Shiller PE Ratio Chart

Nuveen NJ Municipal Value Fund Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Feb17 Feb18 Feb19 Feb20
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12.41 14.51

Nuveen NJ Municipal Value Fund Semi-Annual Data
Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20
Shiller PE Ratio 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 - 12.41 - 14.51 -

Competitive Comparison of Nuveen NJ Municipal Value Fund's Shiller PE Ratio

For the Asset Management subindustry, Nuveen NJ Municipal Value Fund's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 NJ Municipal Value Fund's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen NJ Municipal Value Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen NJ Municipal Value Fund's Shiller PE Ratio falls into.



Nuveen NJ Municipal Value Fund Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Nuveen NJ Municipal Value Fund's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.52/0.96
=15.13

* 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 NJ Municipal Value Fund's E10 for the fiscal year that ended in Feb20 is calculated as:

For example, Nuveen NJ Municipal Value Fund's adjusted earnings per share data for the fiscal year that ended in Feb20 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb20 (Change)*Current CPI (Feb20)
=1.62/109.1390*109.1390
=1.620

Current CPI (Feb20) = 109.1390.

Nuveen NJ Municipal Value Fund Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201104 -0.323 94.890 -0.372
201204 2.651 97.075 2.980
201304 1.280 98.107 1.424
201404 -0.004 100.023 -0.004
201504 1.051 99.824 1.149
201604 0.730 100.947 0.789
201702 0.000 102.779 0.000
201802 0.520 105.052 0.540
201902 0.520 106.649 0.532
202002 1.620 109.139 1.620

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Nuveen NJ Municipal Value Fund  (NYSE:NJV) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Nuveen NJ Municipal Value Fund Shiller PE Ratio Related Terms

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Nuveen NJ Municipal Value Fund (Nuveen NJ Municipal Value Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen NJ Municipal Value Fund is a closed-end investment company. Its investment objective is to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain U.S. territories.
Executives
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
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
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
Timothy T Ryan other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Young L Robert other: Trustee 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Nuveen Fund Advisors, Llc other: Investment Adviser 333 W. WACKER DRIVE, CHICAGO IL 60606
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

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