Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) PEG Ratio : N/A (As of May. 26, 2024)

Nuveen Dividend Advantage Muni Fund 2 PEG Ratio Chart

Nuveen Dividend Advantage Muni Fund 2 Semi-Annual Data
	Apr10	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15
PEG Ratio	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Nuveen Dividend Advantage Muni Fund 2's PEG Ratio

For the Asset Management subindustry, Nuveen Dividend Advantage Muni Fund 2's PEG Ratio, along with its competitors' market caps and PEG 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 Dividend Advantage Muni Fund 2's PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Dividend Advantage Muni Fund 2's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen Dividend Advantage Muni Fund 2's PEG Ratio falls into.

Nuveen Dividend Advantage Muni Fund 2 PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year Book Value growth rate.

Nuveen Dividend Advantage Muni Fund 2's PEG Ratio for today is calculated as

* 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.

* Note: The 5-Year Book Value Growth Rate is the 5-year average Book Value per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Nuveen Dividend Advantage Muni Fund 2  (AMEX:NXZ) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.

Nuveen Dividend Advantage Muni Fund 2 PEG Ratio Related Terms

Thank you for viewing the detailed overview of Nuveen Dividend Advantage Muni Fund 2's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuveen Dividend Advantage Muni Fund 2 (Nuveen Dividend Advantage Muni Fund 2) Business Description