PE Ratio without NRI / 5-Year Book Value Growth Rate*
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use for banks is the 5-Year Book Value growth rate. As of today, Nuveen California AMT-Free Quality Municipalome Fund's PE Ratio without NRI is 0.00. Nuveen California AMT-Free Quality Municipalome Fund's 5-Year Book Value growth rate is -2.20%. Therefore, Nuveen California AMT-Free Quality Municipalome Fund's PEG Ratio for today is N/A.
* 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.
The historical rank and industry rank for Nuveen California AMT-Free Quality Municipalome Fund's PEG Ratio or its related term are showing as below:
During the past 13 years, Nuveen California AMT-Free Quality Municipalome Fund's highest PEG Ratio was 268.74. The lowest was 3.30. And the median was 82.04.
NKX's PEG Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.88 * Ranked among companies with meaningful PEG Ratio only.
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Nuveen California AMT-Free Quality Municipalome Fund PEG Ratio Historical Data
The historical data trend for Nuveen California AMT-Free Quality Municipalome Fund's PEG 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.
* Premium members only.
Nuveen California AMT-Free Quality Municipalome Fund Annual Data
Nuveen California AMT-Free Quality Municipalome Fund Semi-Annual Data
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PEG Ratio
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Competitive Comparison
For the Asset Management subindustry, Nuveen California AMT-Free Quality Municipalome 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.
Nuveen California AMT-Free Quality Municipalome Fund PEG Ratio Distribution
For the Asset Management industry and Financial Services sector, Nuveen California AMT-Free Quality Municipalome Fund's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Nuveen California AMT-Free Quality Municipalome Fund's PEG Ratio falls into.
Nuveen California AMT-Free Quality Municipalome 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 California AMT-Free Quality Municipalome 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 California AMT-Free Quality Municipalome Fund (NYSE:NKX) 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 California AMT-Free Quality Municipalome Fund PEG Ratio Related Terms
Thank you for viewing the detailed overview of Nuveen California AMT-Free Quality Municipalome Fund's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuveen California AMT-Free Quality Municipalome Fund (Nuveen California AMT-Free Quality Municipalome Fund) Business Description
Nuveen California AMT-Free Quality Municipal Income Fund is a diversified closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax, federal alternative minimum tax applies to individuals and California income tax, and 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.
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