QQQX (Nuveen NASDAQ 100 Dynamic Overwrite Fund) Cyclically Adjusted PS Ratio: (As of Jul. 28, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund QQQX
51 GF Score
Price $29.39
GF Value $19.46
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nuveen NASDAQ 100 Dynamic Overwrite Fund Cyclically Adjusted PS Ratio?

Nuveen NASDAQ 100 Dynamic Overwrite 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 NASDAQ 100 Dynamic Overwrite Fund  (NAS:QQQX) 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 NASDAQ 100 Dynamic Overwrite Fund Cyclically Adjusted PS Ratio Related Terms


Nuveen NASDAQ 100 Dynamic Overwrite Fund Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nuveen NASDAQ 100 Dynamic Overwrite 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 NASDAQ 100 Dynamic Overwrite Fund Cyclically Adjusted PS Ratio Chart

Nuveen NASDAQ 100 Dynamic Overwrite Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nuveen NASDAQ 100 Dynamic Overwrite Fund Semi-Annual Data
Jun16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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

QQQX vs BTT, CSWC, NFJ: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Nuveen NASDAQ 100 Dynamic Overwrite 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 NASDAQ 100 Dynamic Overwrite Fund Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen NASDAQ 100 Dynamic Overwrite Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen NASDAQ 100 Dynamic Overwrite Fund's Cyclically Adjusted PS Ratio falls into.


QQQX
51GF Score
Nuveen NASDAQ 100 Dynamic Overwrite Fund QQQX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen NASDAQ 100 Dynamic Overwrite 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 NASDAQ 100 Dynamic Overwrite 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 NASDAQ 100 Dynamic Overwrite Fund (QQQX) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen NASDAQ 100 Dynamic Overwrite Fund stock appears to be overvalued. The current stock price of $29.39 is trading 51% above its estimated GF Value™ of $19.46. GuruFocus considers Nuveen NASDAQ 100 Dynamic Overwrite Fund to be Significantly Overvalued.

Key valuation signals for QQQX:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $19.46 vs. price of $29.39 (51% above fair value)
  • GF Score™: 51/100 with 6 warning signs

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


Nuveen NASDAQ 100 Dynamic Overwrite Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen NASDAQ 100 Dynamic Overwrite Fund is a closed-end management investment company. Its investment objective is to seek attractive total return with less volatility than the S&P 500 Index. Under normal circumstances, the Fund will invest at least 80% of its Assets (as defined below) in a diversified equity portfolio made up of securities comprising the S&P 500 Index (or securities that have economic characteristics that are similar to those securities comprising the S&P 500 Index) that seeks to substantially replicate price movements of the S&P 500 Index and is designed to support the Fund's option strategy.
51GF Score

Get the complete analysis for QQQX

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

$29.39
Price
$19.46
GF Value