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Nuveen Floating Rateome Fund (NYSE:JFR) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
Nuveen Floating Rateome Fund Cyclically Adjusted PB Ratio Related Terms
Nuveen Floating Rateome Fund Cyclically Adjusted PB Ratio Historical Data
* 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 Floating Rateome Fund Cyclically Adjusted PB Ratio Chart
JFR vs DSL, ASA, MSDL: Cyclically Adjusted PB Ratio Comparison
For the Asset Management subindustry, Nuveen Floating Rateome Fund's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Floating Rateome Fund Cyclically Adjusted PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Floating Rateome Fund's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Nuveen Floating Rateome Fund's Cyclically Adjusted PB Ratio falls into.
Nuveen Floating Rateome Fund Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
Nuveen Floating Rateome Fund does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.
What does a Cyclically Adjusted PB Ratio of 0.62 mean?
Nuveen Floating Rateome Fund (JFR) has a Cyclically Adjusted PB Ratio of 0.62 as of Sep. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Nuveen Floating Rateome Fund and its competitors. According to the industry distribution chart, Nuveen Floating Rateome Fund ranks #999999 out of 967 companies in the Asset Management industry.
Is Nuveen Floating Rateome Fund's Cyclically Adjusted PB Ratio too high?
Nuveen Floating Rateome Fund's current Cyclically Adjusted PB Ratio is 0.62. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. Nuveen Floating Rateome Fund's value of 0.62 is 26.2% below this industry median. Based on the distribution chart, Nuveen Floating Rateome Fund ranks #999999 out of 967 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Nuveen Floating Rateome Fund has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Floating Rateome Fund's Cyclically Adjusted PB Ratio compare to DSL and ASA?
According to the Asset Management industry distribution chart, Nuveen Floating Rateome Fund ranks #999999 out of 967 companies for Cyclically Adjusted PB Ratio. This places Nuveen Floating Rateome Fund in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. Nuveen Floating Rateome Fund's value of 0.62 is 26.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 967 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Floating Rateome Fund's current Cyclically Adjusted PB Ratio of 0.62 is 26.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Nuveen Floating Rateome Fund and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Floating Rateome Fund's current Cyclically Adjusted PB Ratio is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Floating Rateome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Floating Rateome Fund (JFR) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.79, compared to a current price of $7.44 — trading 55.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.62 and 26.2% below the Asset Management industry median of 0.84. Nuveen Floating Rateome Fund's overall GF Score™ is 42/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Nuveen Floating Rateome Fund (JFR), the current Cyclically Adjusted PB Ratio is 0.62 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nuveen Floating Rateome Fund (JFR) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen Floating Rateome Fund stock appears to be overvalued.
The current stock price of $7.44 is trading 55.3% above its estimated GF Value™ of $4.79.
GuruFocus considers Nuveen Floating Rateome Fund to be Significantly Overvalued.
Key valuation signals for JFR:
Cyclically Adjusted PB Ratio: 0.62
GF Value™: $4.79 vs. price of $7.44 (55.3% above fair value)
Industry Position: 26.2% below the Asset Management median (#999999 of 967)
No single metric tells the full story. See the JFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen Floating Rate Income Fund is a diversified closed-end management investment company. Its investment objective is to achieve a high level of current income. The fund invests a majority of its managed assets in secured Senior Loans and unsecured Senior Loans, with an average duration of one year or less, in which unsecured Senior Loans will be, at the time of investment, investment grade quality.
42GF Score
Get the complete analysis for JFR
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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