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NQP's PB Ratio is not ranked
in the Asset Management industry.
Industry Median: 0.95
vs NQP: 1.04
During the past 12 months, Nuveen Pennsylvania Quality Municipalome Fund's average Book Value Per Share Growth Rate was -13.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -8.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.10% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Nuveen Pennsylvania Quality Municipalome Fund was 2.10% per year. The lowest was -8.30% per year. And the median was -4.60% per year.
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 Pennsylvania Quality Municipalome Fund PB Ratio Related Terms
Nuveen Pennsylvania Quality Municipalome Fund PB Ratio Historical Data
* 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.
Nuveen Pennsylvania Quality Municipalome Fund PB Ratio Chart
Nuveen Pennsylvania Quality Municipalome Fund Annual Data
* 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 Pennsylvania Quality Municipalome Fund PB Ratio vs Asset Management Industry
Nuveen Pennsylvania Quality Municipalome 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.
* 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 Pennsylvania Quality Municipalome Fund (NQP) has a PB Ratio of 1.04 as of Aug. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nuveen Pennsylvania Quality Municipalome Fund and its competitors. This is 20% above median its historical median of 0.87. Over the past decade, Nuveen Pennsylvania Quality Municipalome Fund's PB Ratio has ranged from 0.66 to 1.04.
Is Nuveen Pennsylvania Quality Municipalome Fund's PB Ratio too high?
Nuveen Pennsylvania Quality Municipalome Fund's current PB Ratio of 1.04 is 20% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.04. The Asset Management industry median PB Ratio is 0.95. Nuveen Pennsylvania Quality Municipalome Fund's value of 1.04 is 9.5% above this industry median. Overall, Nuveen Pennsylvania Quality Municipalome Fund has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Pennsylvania Quality Municipalome Fund's PB Ratio compare to ETB and INV?
Nuveen Pennsylvania Quality Municipalome Fund's PB Ratio of 1.04 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.95. Nuveen Pennsylvania Quality Municipalome Fund's value of 1.04 is 9.5% above this benchmark. Historically, Nuveen Pennsylvania Quality Municipalome Fund's own PB Ratio has ranged from 0.66 to 1.04 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.95, Nuveen Pennsylvania Quality 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 1,597 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 Pennsylvania Quality Municipalome Fund's current PB Ratio of 1.04 is 9.5% 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 Pennsylvania Quality 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 Pennsylvania Quality Municipalome Fund's current PB Ratio is 1.04, which is 20% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Pennsylvania Quality Municipalome Fund stock overvalued right now?
Nuveen Pennsylvania Quality Municipalome Fund (NQP) has a current PB Ratio of 1.04. The current PB Ratio is 1.04, which is 20% above median its 10-year median of 0.87 and 9.5% above the Asset Management industry median of 0.95. Nuveen Pennsylvania Quality Municipalome Fund's overall GF Score™ is 12/100 with 4 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 Pennsylvania Quality Municipalome Fund (NQP), the current PB Ratio is 1.04 as of Aug. 18, 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.
Nuveen Pennsylvania Quality Municipal Income Fund is a closed-end fixed income mutual fund. The fund's investment objectives are (i) to provide current income exempt from regular federal income tax, the federal alternative minimum tax applicable to individuals and California income tax and (ii) to enhance portfolio value relative to the municipal bond market by investing in tax- exempt municipal securities that the Fund's investment adviser and/or the Fund's sub-adviser, believes are underrated or undervalued or that represent municipal market sectors that are undervalued. The fund prominenty invests in tax-exempt municipal bonds from Pennsylvania that are investment grade.
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