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Cushing� NextGen Infrastructureome Fund (Cushing� NextGen Infrastructureome Fund) Price-to-Tangible-Book : 1.03 (As of May. 12, 2024)


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What is Cushing� NextGen Infrastructureome Fund Price-to-Tangible-Book?

As of today (2024-05-12), Cushing� NextGen Infrastructureome Fund's share price is $40.98. Cushing� NextGen Infrastructureome Fund's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $39.85. Hence, Cushing� NextGen Infrastructureome Fund's Price to Tangible Book Ratio of today is 1.03.

The historical rank and industry rank for Cushing� NextGen Infrastructureome Fund's Price-to-Tangible-Book or its related term are showing as below:

NXG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78   Med: 0.85   Max: 1.03
Current: 1.03

During the past 7 years, Cushing� NextGen Infrastructureome Fund's highest Price to Tangible Book Ratio was 1.03. The lowest was 0.78. And the median was 0.85.

NXG's Price-to-Tangible-Book is ranked worse than
62.74% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs NXG: 1.03

A closely related ratio is called PB Ratio. As of today, Cushing� NextGen Infrastructureome Fund's share price is $40.98. Cushing� NextGen Infrastructureome Fund's Book Value per Sharefor the quarter that ended in Nov. 2023 was $39.85. Hence, Cushing� NextGen Infrastructureome Fund's P/B Ratio of today is 1.03.


Cushing� NextGen Infrastructureome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Cushing� NextGen Infrastructureome 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.

Cushing� NextGen Infrastructureome Fund Price-to-Tangible-Book Chart

Cushing� NextGen Infrastructureome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.87 0.78 0.85 0.78 0.80

Cushing� NextGen Infrastructureome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.85 0.80 0.78 0.77 0.80

Competitive Comparison of Cushing� NextGen Infrastructureome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Cushing� NextGen Infrastructureome 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.


Cushing� NextGen Infrastructureome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cushing� NextGen Infrastructureome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cushing� NextGen Infrastructureome Fund's Price-to-Tangible-Book falls into.



Cushing� NextGen Infrastructureome Fund Price-to-Tangible-Book Calculation

Cushing� NextGen Infrastructureome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=40.98/39.851
=1.03

* 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.


Cushing� NextGen Infrastructureome Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Cushing� NextGen Infrastructureome Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Cushing� NextGen Infrastructureome Fund (Cushing� NextGen Infrastructureome Fund) Business Description

Traded in Other Exchanges
N/A
Address
600 N. Pearl Street, Suite 1205, Dallas, TX, USA, 75201
Cushing NextGen Infrastructure Income Fund is a closed-end investment management company. Its investment objective is to seek a high total return with a focus on current income. The Fund invests at least 80% of its net assets in a portfolio of equity and debt securities of infrastructure companies, including energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies, and technology & communication infrastructure companies.
Executives
Jerry V Swank officer: CEO and President, other: Trustee, Chairman of the Board 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Todd Sunderland other: Adviser COO 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Blake Nelson officer: Chief Financial Officer 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Jeffrey A Engelsman officer: Chief Compliance Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
John Alban officer: CFO and Treasurer THE CUSHING MLP TOTAL RETURN FUND, 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Mark Rhodes officer: President 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Andrea Mullins director 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Mathew Calabro officer: Chief Compliance Officer 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
John M. Musgrave other: Adviser Managing Partner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Hari Kusumakar other: Portfolio Manager 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Alex Palma other: Portfolio Manager 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Brenda A Cline other: Trustee 5101 TENNYSON PARKWAY, PLANO TX 75024
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882

Cushing� NextGen Infrastructureome Fund (Cushing� NextGen Infrastructureome Fund) Headlines