SRV (NXG Cushing Midstream Energy Fund) PB Ratio: 1.14 (As of Jun. 25, 2026) — 25% Above Median


SRV NXG Cushing Midstream Energy Fund SRV
30 GF Score
Price $49.36
GF Value $4.09
Valuation Significantly Overvalued
! 8 Warning Signs
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What is NXG Cushing Midstream Energy Fund PB Ratio?

NXG Cushing Midstream Energy Fund SRV +1.84% 30 PB Ratio is 1.14 as of Jun. 25, 2026, which is 25% above its 10-year median of 0.91. GuruFocus rates SRV with a GF Score™ of 30/100 and a GF Value™ of $4.09 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,606 Asset Management companies, NXG Cushing Midstream Energy Fund ranks worse than 70.17% on this metric.

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 (2026-06-25), NXG Cushing Midstream Energy Fund's share price is $49.36. NXG Cushing Midstream Energy Fund's Book Value per Share for the quarter that ended in Nov. 2025 was $43.26. Hence, NXG Cushing Midstream Energy Fund's PB Ratio of today is 1.14.

Warning Sign:

NXG Cushing Midstream Energy Fund stock PB Ratio (=1.12) is close to 3-year high of 1.23.

The historical rank and industry rank for NXG Cushing Midstream Energy Fund's PB Ratio or its related term are showing as below:

SRV' s PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.91   Max: 1.29
Current: 1.14

During the past 9 years, NXG Cushing Midstream Energy Fund's highest PB Ratio was 1.29. The lowest was 0.31. And the median was 0.91.

SRV's PB Ratio is ranked worse than
70.17% of 1606 companies
in the Asset Management industry
Industry Median: 0.95 vs SRV: 1.14

During the past 12 months, NXG Cushing Midstream Energy Fund's average Book Value Per Share Growth Rate was -10.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of NXG Cushing Midstream Energy Fund was 12.40% per year. The lowest was -17.20% per year. And the median was 1.15% per year.

Back to Basics: PB Ratio


NXG Cushing Midstream Energy Fund  (NYSE:SRV) 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.


NXG Cushing Midstream Energy Fund PB Ratio Related Terms


NXG Cushing Midstream Energy Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for NXG Cushing Midstream Energy 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.

NXG Cushing Midstream Energy Fund PB Ratio Chart

NXG Cushing Midstream Energy Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.85 0.83 0.90 0.96 0.95

NXG Cushing Midstream Energy Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 Premium Member Only Premium Member Only Premium Member Only 0.90 1.00 0.96 0.99 0.95

SRV vs NPV, TSI, MFM: PB Ratio Comparison

For the Asset Management subindustry, NXG Cushing Midstream Energy 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.


NXG Cushing Midstream Energy Fund PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, NXG Cushing Midstream Energy Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where NXG Cushing Midstream Energy Fund's PB Ratio falls into.


SRV
30GF Score
NXG Cushing Midstream Energy Fund SRV
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NXG Cushing Midstream Energy 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.

NXG Cushing Midstream Energy Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2025)
=49.36/43.257
=1.14

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.14 mean?
NXG Cushing Midstream Energy Fund (SRV) has a PB Ratio of 1.14 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 NXG Cushing Midstream Energy Fund and its competitors. This is 25% above median its historical median of 0.91. Over the past decade, NXG Cushing Midstream Energy Fund's PB Ratio has ranged from 0.31 to 1.29. According to the industry distribution chart, NXG Cushing Midstream Energy Fund ranks #1127 out of 1606 companies in the Asset Management industry, placing it in the top 70.2%.
Is NXG Cushing Midstream Energy Fund's PB Ratio too high?
NXG Cushing Midstream Energy Fund's current PB Ratio of 1.14 is 25% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.29. The Asset Management industry median PB Ratio is 0.95. NXG Cushing Midstream Energy Fund's value of 1.14 is 20% above this industry median. Based on the distribution chart, NXG Cushing Midstream Energy Fund ranks #1127 out of 1606 companies in the Asset Management industry, which is below the industry midpoint. Overall, NXG Cushing Midstream Energy Fund has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NXG Cushing Midstream Energy Fund's PB Ratio compare to NPV and TSI?
According to the Asset Management industry distribution chart, NXG Cushing Midstream Energy Fund ranks #1127 out of 1606 companies for PB Ratio. This places NXG Cushing Midstream Energy Fund in the lower half of its industry. The industry median PB Ratio is 0.95. NXG Cushing Midstream Energy Fund's value of 1.14 is 20% above this benchmark. Historically, NXG Cushing Midstream Energy Fund's own PB Ratio has ranged from 0.31 to 1.29 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.95, NXG Cushing Midstream Energy 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 1,606 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. NXG Cushing Midstream Energy Fund's current PB Ratio of 1.14 is 20% 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 NXG Cushing Midstream Energy 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. NXG Cushing Midstream Energy Fund's current PB Ratio is 1.14, which is 25% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NXG Cushing Midstream Energy Fund stock overvalued right now?
Based on GuruFocus' analysis, NXG Cushing Midstream Energy Fund (SRV) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.09, compared to a current price of $49.36 — trading 1106.8% above its estimated fair value. The current PB Ratio is 1.14, which is 25% above median its 10-year median of 0.91 and 20% above the Asset Management industry median of 0.95. NXG Cushing Midstream Energy Fund's overall GF Score™ is 30/100 with 8 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 NXG Cushing Midstream Energy Fund (SRV), the current PB Ratio is 1.14 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 NXG Cushing Midstream Energy Fund (SRV) Overvalued in 2026?

Based on GuruFocus' analysis, NXG Cushing Midstream Energy Fund stock appears to be overvalued. The current stock price of $49.36 is trading 1106.8% above its estimated GF Value™ of $4.09. GuruFocus considers NXG Cushing Midstream Energy Fund to be Significantly Overvalued.

Key valuation signals for SRV:

  • PB Ratio: 1.14 (25% above median its 10-year median of 0.91)
  • GF Value™: $4.09 vs. price of $49.36 (1106.8% above fair value)
  • GF Score™: 30/100 with 8 warning signs
  • Industry Position: 20% above the Asset Management median (#1127 of 1606)

No single metric tells the full story. See the SRV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NXG Cushing Midstream Energy Fund Business Description

Address 4925 Greenville Avenue, Suite 1310, Dallas, TX, USA, 75206
NXG Cushing Midstream Energy Fund is a non-diversified, closed-end investment company. Its investment objective is to obtain a high after-tax total return from a combination of capital appreciation and current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of midstream energy investments.
30GF Score

Get the complete analysis for SRV

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$49.36
Price
$4.09
GF Value