Nuveen Floating Rateome Fund (Nuveen Floating Rateome Fund) PEG Ratio

Nuveen Floating Rateome Fund Annual Data
	Trend	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
PEG Ratio				-	-	-	-	-

Nuveen Floating Rateome Fund Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
PEG Ratio										-	-	-	-	-

For the Asset Management subindustry, Nuveen Floating Rateome Fund'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.

For the Asset Management industry and Financial Services sector, Nuveen Floating Rateome Fund's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen Floating Rateome Fund's PEG Ratio falls into.

Nuveen Floating Rateome Fund 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 Floating Rateome Fund'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 Floating Rateome Fund  (NYSE:JFR) 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 Floating Rateome Fund PEG Ratio Related Terms

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Nuveen Floating Rateome Fund (Nuveen Floating Rateome Fund) Business Description