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Nuveen Municipal Creditome Fund PB Ratio

: 0.91 (As of Today)
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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 (2021-03-02), Nuveen Municipal Creditome Fund's share price is $16.110000. Nuveen Municipal Creditome Fund's Book Value per Share for the fiscal year that ended in Oct. 2020 was $17.70. Hence, Nuveen Municipal Creditome Fund's PB Ratio of today is 0.91.

Warning Sign:

Nuveen Municipal Credit Income Fund stock PB Ratio (=1.01) is close to 10-year high of 1.08

NYSE:NZF' s PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 0.91   Max: 1.08
Current: 1.01

0.74
1.08

During the past 11 years, Nuveen Municipal Creditome Fund's highest PB Ratio was 1.08. The lowest was 0.74. And the median was 0.91.

NYSE:NZF's PB Ratio is ranked higher than
57% of the 1710 Companies
in the Asset Management industry.

( Industry Median: 1.04 vs. NYSE:NZF: 1.01 )

During the past 12 months, Nuveen Municipal Creditome Fund's average Book Value Per Share Growth Rate was 6.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Nuveen Municipal Creditome Fund was 4.50% per year. The lowest was -1.50% per year. And the median was 0.55% per year.

Back to Basics: PB Ratio


Nuveen Municipal Creditome 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 Municipal Creditome Fund Annual Data
Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.94 0.88 0.96 0.83

Nuveen Municipal Creditome Fund Semi-Annual Data
Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.88 0.96 0.96 0.89 0.92

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 Municipal Creditome Fund PB Ratio Distribution

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



Nuveen Municipal Creditome 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 Municipal Creditome Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: Oct. 2020)
=16.110000/17.698
=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 PB Ratio is that book value other than intangibles are used in the calculation.


Nuveen Municipal Creditome Fund  (NYSE:NZF) 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 Municipal Creditome Fund PB Ratio Related Terms


Nuveen Municipal Creditome Fund PB Ratio Headlines

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