Nuveen Municipalome FundNMI -0.36%54 PB Ratio is 1.10 as of Jun. 25, 2026, which is 10% above its 10-year median of 1.00. GuruFocus rates NMI with a GF Score™ of 54/100 and a GF Value™ of $8.02 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,607 Asset Management companies, Nuveen Municipalome Fund ranks worse than 69.63% on this metric.
Nuveen Municipal Income Fund Inc stock PB Ratio (=1.11) is close to 10-year high of 1.12.
The historical rank and industry rank for Nuveen Municipalome Fund's PB Ratio or its related term are showing as below:
NMI'
s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1 Max: 1.12
Current: 1.1
During the past 9 years, Nuveen Municipalome Fund's highest PB Ratio was 1.12. The lowest was 0.76. And the median was 1.00.
NMI's PB Ratio is ranked worse than 69.63% of 1607
companies
in the Asset Management industry
Industry Median: 0.95
vs NMI: 1.10
During the past 12 months, Nuveen Municipalome Fund's average Book Value Per Share Growth Rate was -1.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.50% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Nuveen Municipalome Fund was 2.40% per year. The lowest was -6.60% per year. And the median was -2.25% per year.
Back to Basics: PB Ratio
Nuveen Municipalome Fund (NYSE:NMI) PB Ratio Explanation
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.
* 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.
For the Asset Management subindustry, Nuveen Municipalome 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 Municipalome Fund PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Municipalome Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nuveen Municipalome Fund's PB Ratio falls into.
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.
* 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 Municipalome Fund (NMI) has a PB Ratio of 1.10 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nuveen Municipalome Fund and its competitors. This is 10% above median its historical median of 1.00. Over the past decade, Nuveen Municipalome Fund's PB Ratio has ranged from 0.76 to 1.12. According to the industry distribution chart, Nuveen Municipalome Fund ranks #1119 out of 1607 companies in the Asset Management industry, placing it in the top 69.6%.
Is Nuveen Municipalome Fund's PB Ratio too high?
Nuveen Municipalome Fund's current PB Ratio of 1.10 is 10% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.12. The Asset Management industry median PB Ratio is 0.95. Nuveen Municipalome Fund's value of 1.10 is 15.8% above this industry median. Based on the distribution chart, Nuveen Municipalome Fund ranks #1119 out of 1607 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Municipalome Fund has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Municipalome Fund's PB Ratio compare to GGZ and CYPH?
According to the Asset Management industry distribution chart, Nuveen Municipalome Fund ranks #1119 out of 1607 companies for PB Ratio. This places Nuveen Municipalome Fund in the lower half of its industry. The industry median PB Ratio is 0.95. Nuveen Municipalome Fund's value of 1.10 is 15.8% above this benchmark. Historically, Nuveen Municipalome Fund's own PB Ratio has ranged from 0.76 to 1.12 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.95, Nuveen Municipalome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,607 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Municipalome Fund's current PB Ratio of 1.10 is 15.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nuveen Municipalome Fund and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Municipalome Fund's current PB Ratio is 1.10, which is 10% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Municipalome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Municipalome Fund (NMI) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.02, compared to a current price of $10.93 — trading 36.3% above its estimated fair value. The current PB Ratio is 1.10, which is 10% above median its 10-year median of 1.00 and 15.8% above the Asset Management industry median of 0.95. Nuveen Municipalome Fund's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Nuveen Municipalome Fund (NMI), the current PB Ratio is 1.10 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nuveen Municipalome Fund (NMI) Overvalued in 2026?
Based on GuruFocus' analysis, Nuveen Municipalome Fund stock appears to be overvalued.
The current stock price of $10.93 is trading 36.3% above its estimated GF Value™ of $8.02.
GuruFocus considers Nuveen Municipalome Fund to be Significantly Overvalued.
Key valuation signals for NMI:
PB Ratio: 1.10 (10% above median its 10-year median of 1.00)
GF Value™: $8.02 vs. price of $10.93 (36.3% above fair value)
Industry Position: 15.8% above the Asset Management median (#1119 of 1607)
No single metric tells the full story. See the NMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuveen Municipal Income Fund Inc is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of current income exempt from federal income tax, which it seeks to achieve by investing mainly in a diversified portfolio of tax-exempt municipal obligations.
54GF Score
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