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NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Price-to-Tangible-Book : 1.09 (As of May. 14, 2024)


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What is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Price-to-Tangible-Book?

As of today (2024-05-14), NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's share price is $3.27. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $3.00. Hence, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Price to Tangible Book Ratio of today is 1.09.

The historical rank and industry rank for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Price-to-Tangible-Book or its related term are showing as below:

NRO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85   Med: 0.94   Max: 1.12
Current: 1.09

During the past 13 years, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's highest Price to Tangible Book Ratio was 1.12. The lowest was 0.85. And the median was 0.94.

NRO's Price-to-Tangible-Book is ranked worse than
72.91% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs NRO: 1.09

A closely related ratio is called PB Ratio. As of today, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's share price is $3.27. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Book Value per Sharefor the quarter that ended in Oct. 2023 was $3.00. Hence, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's P/B Ratio of today is 1.09.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Price-to-Tangible-Book Historical Data

The historical data trend for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Price-to-Tangible-Book 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Price-to-Tangible-Book Chart

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.95 0.96 0.99 0.86

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Price-to-Tangible-Book 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 0.96 0.99 0.99 0.87 0.86

Competitive Comparison of NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Price-to-Tangible-Book

For the Asset Management subindustry, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Price-to-Tangible-Book falls into.



NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Price-to-Tangible-Book Calculation

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=3.27/2.995
=1.09

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Business Description

Traded in Other Exchanges
N/A
Address
c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC is a closed-end management investment company that invests mainly in securities issued by real estate companies, including real estate investment trusts (REITs). Its primary objective is to gain high current income with capital appreciation being the second. The fund invests in sectors, such as apartments, Data Centers, Infrastructure REITs, Manufactured Homes, Office, Regional Malls and others.
Executives
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Faith Colish director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Marc Gary director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Brian Patrick Kerrane officer: Chief Operating Officer C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158
Michael J. Cosgrove director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter P Trapp director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVENUE 2ND FLOOR, NEW YORK NY 10158-0180
Jack L Rivkin director 1200 PROSPECT STREET, SUITE 400, LA JOLLA CA 92037
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6