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BXMX (Nuveen S&P 500 Buy-Writeome Fund) PB Ratio : 0.94 (As of Dec. 15, 2024)


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What is Nuveen S&P 500 Buy-Writeome Fund PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-15), Nuveen S&P 500 Buy-Writeome Fund's share price is $13.91. Nuveen S&P 500 Buy-Writeome Fund's Book Value per Share for the quarter that ended in Jun. 2024 was $14.81. Hence, Nuveen S&P 500 Buy-Writeome Fund's PB Ratio of today is 0.94.

Good Sign:

Nuveen S&P 500 Buy-Write Income Fund stock PB Ratio (=0.94) is close to 1-year low of 0.94

The historical rank and industry rank for Nuveen S&P 500 Buy-Writeome Fund's PB Ratio or its related term are showing as below:

BXMX' s PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.01   Max: 5.07
Current: 0.94

During the past 7 years, Nuveen S&P 500 Buy-Writeome Fund's highest PB Ratio was 5.07. The lowest was 0.66. And the median was 1.01.

BXMX's PB Ratio is ranked better than
52.77% of 1662 companies
in the Asset Management industry
Industry Median: 0.94 vs BXMX: 0.94

During the past 12 months, Nuveen S&P 500 Buy-Writeome Fund's average Book Value Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -41.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -19.60% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Nuveen S&P 500 Buy-Writeome Fund was 6.60% per year. The lowest was -41.10% per year. And the median was -2.10% per year.

Back to Basics: PB Ratio


Nuveen S&P 500 Buy-Writeome Fund PB Ratio Historical Data

The historical data trend for Nuveen S&P 500 Buy-Writeome Fund's PB 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.

* Premium members only.

Nuveen S&P 500 Buy-Writeome Fund PB Ratio Chart

Nuveen S&P 500 Buy-Writeome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 1.01 0.94 0.96 1.01 4.57

Nuveen S&P 500 Buy-Writeome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PB 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 0.97 1.01 0.97 4.57 0.91

Competitive Comparison of Nuveen S&P 500 Buy-Writeome Fund's PB Ratio

For the Asset Management subindustry, Nuveen S&P 500 Buy-Writeome Fund's PB Ratio, along with its competitors' market caps and PB 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 S&P 500 Buy-Writeome Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen S&P 500 Buy-Writeome Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen S&P 500 Buy-Writeome Fund's PB Ratio falls into.



Nuveen S&P 500 Buy-Writeome Fund PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Nuveen S&P 500 Buy-Writeome Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=13.91/14.81
=0.94

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


Nuveen S&P 500 Buy-Writeome Fund  (NYSE:BXMX) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


Nuveen S&P 500 Buy-Writeome Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Nuveen S&P 500 Buy-Writeome Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen S&P 500 Buy-Writeome Fund Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen S&P 500 Buy-Write Income Fund is a diversified closed-ended management investment company based in the United States. Its investment objective is to seek attractive total returns with less volatility. The fund invests its managed assets in a diversified equity portfolio that seeks to substantially replicate price movements of the S&P 500 Index. It also uses an index options strategy of writing (selling) index call options in seeking to moderate the volatility of returns relative to an all-equity portfolio. Its revenue is generated mainly from interest and dividend income.
Executives
Mitchell Trotta other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102