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Nuveen Quality Municipalome Fund PB Ratio

: 0.91 (As of Today)
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As of today (2020-10-30), Nuveen Quality Municipalome Fund's share price is $14.42. Nuveen Quality Municipalome Fund's Book Value per Share for the fiscal year that ended in Oct. 2019 was $15.91. Hence, Nuveen Quality Municipalome Fund's P/B Ratio of today is 0.91.

NYSE:NAD' s PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 0.88   Max: 0.99
Current: 0.99

0.77
0.99

During the past 3 years, Nuveen Quality Municipalome Fund's highest P/B Ratio was 0.99. The lowest was 0.77. And the median was 0.88.

NYSE:NAD's PB Ratio is ranked lower than
57% of the 1711 Companies
in the Asset Management industry.

( Industry Median: 0.94 vs. NYSE:NAD: 0.99 )

During the past 12 months, Nuveen Quality Municipalome Fund's average Book Value Per Share Growth Rate was 10.30% per year.

Back to Basics: P/B Ratio


Nuveen Quality Municipalome Fund PB Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Nuveen Quality Municipalome Fund Annual Data
Oct17 Oct18 Oct19
PB Ratio 0.90 0.86 0.91

Nuveen Quality Municipalome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20
PB Ratio Premium Member Only 0.88 0.86 0.89 0.91 0.89

Competitive Comparison
* 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.


Nuveen Quality Municipalome Fund PB Ratio Distribution

* The bar in red indicates where Nuveen Quality Municipalome Fund's PB Ratio falls into.



Nuveen Quality Municipalome Fund PB Ratio Calculation

Nuveen Quality Municipalome Fund's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: Oct. 2019)
=14.42/15.908
=0.91

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Price-to-Book Ratio is that book value other than intangibles are used in the calculation.


Nuveen Quality Municipalome Fund  (NYSE:NAD) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PS Ratio or Price-to-Free-Cash-Flow, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 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.


Nuveen Quality Municipalome Fund PB Ratio Related Terms


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