GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Emerging Markets Debt 2022 Target Term Fund (NYSE:JEMD) » Definitions » Price-to-Tangible-Book

Nuveen Emerging Markets Debt 2022 Target Term Fund (Nuveen Emerging Markets Debt 2022 Target Term Fund) Price-to-Tangible-Book : 0.96 (As of May. 31, 2024)


View and export this data going back to . Start your Free Trial

What is Nuveen Emerging Markets Debt 2022 Target Term Fund Price-to-Tangible-Book?

As of today (2024-05-31), Nuveen Emerging Markets Debt 2022 Target Term Fund's share price is $6.63. Nuveen Emerging Markets Debt 2022 Target Term Fund's Tangible Book per Share of Jun. 2022 for the quarter that ended in Jun. 2022 was $6.88. Hence, Nuveen Emerging Markets Debt 2022 Target Term Fund's Price to Tangible Book Ratio of today is 0.96.

The historical rank and industry rank for Nuveen Emerging Markets Debt 2022 Target Term Fund's Price-to-Tangible-Book or its related term are showing as below:

JEMD's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Nuveen Emerging Markets Debt 2022 Target Term Fund's share price is $6.63. Nuveen Emerging Markets Debt 2022 Target Term Fund's Book Value per Sharefor the quarter that ended in Jun. 2022 was $6.88. Hence, Nuveen Emerging Markets Debt 2022 Target Term Fund's P/B Ratio of today is 0.96.


Nuveen Emerging Markets Debt 2022 Target Term Fund Price-to-Tangible-Book Historical Data

The historical data trend for Nuveen Emerging Markets Debt 2022 Target Term Fund's Price-to-Tangible-Book 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 Emerging Markets Debt 2022 Target Term Fund Price-to-Tangible-Book Chart

Nuveen Emerging Markets Debt 2022 Target Term Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Price-to-Tangible-Book
0.96 0.90 1.00 0.95 0.97

Nuveen Emerging Markets Debt 2022 Target Term Fund Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only 0.95 0.95 0.99 0.97 0.97

Competitive Comparison of Nuveen Emerging Markets Debt 2022 Target Term Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Nuveen Emerging Markets Debt 2022 Target Term Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Emerging Markets Debt 2022 Target Term Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Emerging Markets Debt 2022 Target Term Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nuveen Emerging Markets Debt 2022 Target Term Fund's Price-to-Tangible-Book falls into.



Nuveen Emerging Markets Debt 2022 Target Term Fund Price-to-Tangible-Book Calculation

Nuveen Emerging Markets Debt 2022 Target Term Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2022 )
=6.63/6.881
=0.96

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Nuveen Emerging Markets Debt 2022 Target Term Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Nuveen Emerging Markets Debt 2022 Target Term Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Emerging Markets Debt 2022 Target Term Fund (Nuveen Emerging Markets Debt 2022 Target Term Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Emerging Markets Debt 2022 Target Term Fund is a non-diversified, closed-end management investment company. Its investment objectives are to provide a high level of current income. The fund generally invests in a portfolio of below investment grade emerging market debt securities.
Executives
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Nuveen Fund Advisors, Llc other: Investment Advisor 333 W. WACKER DRIVE, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice C/O NUVEEN, STE 3400, CHICAGO IL 60606
William J Schneider other: Chairman of the Board 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Lamb officer: Vice President 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606

Nuveen Emerging Markets Debt 2022 Target Term Fund (Nuveen Emerging Markets Debt 2022 Target Term Fund) Headlines