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PGZ (Principal Real Estateome Fund) Net Cash per Share : $-5.19 (As of Oct. 2024)


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What is Principal Real Estateome Fund Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Principal Real Estateome Fund's Net Cash per Share for the quarter that ended in Oct. 2024 was $-5.19.

The historical rank and industry rank for Principal Real Estateome Fund's Net Cash per Share or its related term are showing as below:

PGZ's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.23
* Ranked among companies with meaningful Price-to-Net-Cash only.

Principal Real Estateome Fund Net Cash per Share Historical Data

The historical data trend for Principal Real Estateome Fund's Net Cash per Share 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.

Principal Real Estateome Fund Net Cash per Share Chart

Principal Real Estateome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net Cash per Share
Get a 7-Day Free Trial -6.21 -7.43 -6.38 -4.88 -5.19

Principal Real Estateome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Net Cash per Share 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 -6.38 -5.63 -4.88 -5.14 -5.19

Competitive Comparison of Principal Real Estateome Fund's Net Cash per Share

For the Asset Management subindustry, Principal Real Estateome Fund's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Principal Real Estateome Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Principal Real Estateome Fund's Price-to-Net-Cash falls into.


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Principal Real Estateome Fund Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Principal Real Estateome Fund's Net Cash per Share for the fiscal year that ended in Oct. 2024 is calculated as

Principal Real Estateome Fund's Net Cash per Share for the quarter that ended in Oct. 2024 is calculated as

* 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.


Principal Real Estateome Fund  (NYSE:PGZ) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Principal Real Estateome Fund Net Cash per Share Related Terms

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Principal Real Estateome Fund Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Principal Real Estate Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide high current income with capital appreciation by investing in commercial real estate-related securities. The company does its investments in USA, Australia, Japan, France, Great Britain, Canada, Hong Kong, Germany, Singapore, South Korea, British Virgin Islands and more.
Executives
Laton Spahr other: President of the Adviser 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Brendan Hamill officer: Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Robert Douglas Mcclure officer: Treasurer 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Matthew Sutula other: Interim CCO 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jennifer Craig officer: Assistant Secretary 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Sleightholme other: Officer of Investment Advisor 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Ernest J Scalberg other: Trustee C/O PRINCIPAL REAL ESTATE INCOME FUND, 1290 BROADWAY SUITE 1100, DENVER CO 80203
Kathryn Burns officer: Treasurer 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Ss&c Technologies Holdings Inc other: Affiliate of Inv Adviser 80 LAMBERTON RD, WINDSOR CT 06095
Richard Craig Noyes other: Officer of Investment Advisor 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Sharon R Akselrod other: Assistant Secretary 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Marc Peterson other: Subadvisor Portfolio Manager 6253 PLEASANT ST, WEST DES MOINES IA 50266