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NBXG (Neuberger Berman Next Generation Connectivity Fund) PE Ratio (TTM) : 3.31 (As of Mar. 16, 2025)


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What is Neuberger Berman Next Generation Connectivity Fund PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2025-03-16), Neuberger Berman Next Generation Connectivity Fund's share price is $12.46. Neuberger Berman Next Generation Connectivity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2024 was $3.77. Therefore, Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM) for today is 3.31.

Good Sign:

Neuberger Berman Next Generation Connectivity Fund Inc. stock PE Ratio (=3.31) is close to 2-year low of 3.31


The historical rank and industry rank for Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM) or its related term are showing as below:

NBXG' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 3.31   Med: 8.03   Max: 9.24
Current: 3.31


During the past 4 years, the highest PE Ratio (TTM) of Neuberger Berman Next Generation Connectivity Fund was 9.24. The lowest was 3.31. And the median was 8.03.


NBXG's PE Ratio (TTM) is ranked better than
93.3% of 1269 companies
in the Asset Management industry
Industry Median: 10.1 vs NBXG: 3.31

Neuberger Berman Next Generation Connectivity Fund's Earnings per Share (Diluted) for the six months ended in Oct. 2024 was $1.61. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2024 was $3.77.

As of today (2025-03-16), Neuberger Berman Next Generation Connectivity Fund's share price is $12.46. Neuberger Berman Next Generation Connectivity Fund's EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2024 was $3.77. Therefore, Neuberger Berman Next Generation Connectivity Fund's PE Ratio without NRI for today is 3.31.

During the past 4 years, Neuberger Berman Next Generation Connectivity Fund's highest PE Ratio without NRI was 9.24. The lowest was 3.31. And the median was 8.03.

Neuberger Berman Next Generation Connectivity Fund's EPS without NRI for the six months ended in Oct. 2024 was $1.61. Its EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2024 was $3.77.

During the past 12 months, Neuberger Berman Next Generation Connectivity Fund's average EPS without NRI Growth Rate was 161.80% per year.

Neuberger Berman Next Generation Connectivity Fund's EPS (Basic) for the six months ended in Oct. 2024 was $1.61. Its EPS (Basic) for the trailing twelve months (TTM) ended in Oct. 2024 was $3.77.


Neuberger Berman Next Generation Connectivity Fund PE Ratio (TTM) Historical Data

The historical data trend for Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM) 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.

Neuberger Berman Next Generation Connectivity Fund PE Ratio (TTM) Chart

Neuberger Berman Next Generation Connectivity Fund Annual Data
Trend Oct21 Oct22 Oct23 Oct24
PE Ratio (TTM)
N/A At Loss 6.63 3.33

Neuberger Berman Next Generation Connectivity Fund Semi-Annual Data
Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
PE Ratio (TTM) Get a 7-Day Free Trial At Loss At Loss 6.63 At Loss 3.33

Competitive Comparison of Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM)

For the Asset Management subindustry, Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM) Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM) falls into.



Neuberger Berman Next Generation Connectivity Fund PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Neuberger Berman Next Generation Connectivity Fund's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=12.46/3.765
=3.31

Neuberger Berman Next Generation Connectivity Fund's Share Price of today is $12.46.
For company reported semi-annually, Neuberger Berman Next Generation Connectivity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3.77.

* 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:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Neuberger Berman Next Generation Connectivity Fund  (NYSE:NBXG) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

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

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Neuberger Berman Next Generation Connectivity Fund PE Ratio (TTM) Related Terms

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Neuberger Berman Next Generation Connectivity Fund Business Description

Traded in Other Exchanges
N/A
Address
c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman Next Generation Connectivity Fund Inc. is a non-diversified, closed-end management investment company. The fund's investment objectives are to provide capital appreciation and income. Under normal market conditions, the Fund will invest at least 80% of its total assets in equity securities issued by U.S. and non-U.S. companies, in any market capitalization range, that is relevant to the theme of investing in "NextGen Companies".
Executives
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Martha Clark Goss director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Michael M Knetter director C/O LEHMAN BROTHERS INC, 399 PARK AVENUE, NEW YORK NY 10022
Hari Ramanan other: Portfolio Manager C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Timothy Creedon other: Portfolio Manager C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Yan Taw Boon other: Portfolio Manager C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Candace L Straight director C/O MONTPELIER RE HOLDINGS LTD., 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter P Trapp director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVENUE 2ND FLOOR, NEW YORK NY 10158-0180
Neuberger Berman Investment Advisers Llc other: Investment Adv 1290 AVENUE OF THE AMERICAS, 26TH FLOOR, NEW YORK NY 10104
Tom D Seip director PO BOX 9280, WALNUT CREEK CA 94598
John M Mcgovern officer: Treasurer 605 THIRD AVE, NEW YORK NY 10158-3698
George W Morriss director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Joseph V Amato director 605 THIRD AVENUE, NEW YORK NY 10158-3698
Claudia A. Brandon officer: Executive Vice President 605 THIRD AVENUE, NEW YORK NY 10158-3698