NUW (Nuveen AMT-Free Municipal Value Fund) Cyclically Adjusted PS Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NUW Nuveen AMT-Free Municipal Value Fund NUW
54 GF Score
Price $13.98
GF Value $24.63
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Nuveen AMT-Free Municipal Value Fund Cyclically Adjusted PS Ratio?

Nuveen AMT-Free Municipal Value Fund does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nuveen AMT-Free Municipal Value Fund  (NYSE:NUW) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Nuveen AMT-Free Municipal Value Fund Cyclically Adjusted PS Ratio Related Terms


Nuveen AMT-Free Municipal Value Fund Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nuveen AMT-Free Municipal Value Fund's Cyclically Adjusted PS 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.

Nuveen AMT-Free Municipal Value Fund Cyclically Adjusted PS Ratio Chart

Nuveen AMT-Free Municipal Value Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nuveen AMT-Free Municipal Value Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Cyclically Adjusted PS 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 0.00 0.00 0.00 0.00 0.00

NUW vs CPZ, ERC, GLO: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Nuveen AMT-Free Municipal Value Fund's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 AMT-Free Municipal Value Fund Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen AMT-Free Municipal Value Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen AMT-Free Municipal Value Fund's Cyclically Adjusted PS Ratio falls into.


NUW
54GF Score
Nuveen AMT-Free Municipal Value Fund NUW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen AMT-Free Municipal Value Fund Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Nuveen AMT-Free Municipal Value Fund does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is Nuveen AMT-Free Municipal Value Fund (NUW) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen AMT-Free Municipal Value Fund stock appears to be undervalued. The current stock price of $13.98 is trading 43.2% below its estimated GF Value™ of $24.63. GuruFocus considers Nuveen AMT-Free Municipal Value Fund to be Possible Value Trap.

Key valuation signals for NUW:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $24.63 vs. price of $13.98 (43.2% below fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the NUW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen AMT-Free Municipal Value Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen AMT-Free Municipal Value Fund is a diversified closed-end management investment company. The Fund's primary investment objective is to provide current income exempt from regular federal income tax. The Fund's secondary investment objective is to enhance portfolio value and total return.
54GF Score

Get the complete analysis for NUW

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.98
Price
$24.63
GF Value