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Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) Price-to-Tangible-Book : 0.79 (As of Jun. 04, 2024)


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What is Nuveen Enhanced Municipal Value Fund Price-to-Tangible-Book?

As of today (2024-06-04), Nuveen Enhanced Municipal Value Fund's share price is $12.51. Nuveen Enhanced Municipal Value Fund's Tangible Book per Share of Oct. 2021 for the quarter that ended in Oct. 2021 was $15.77. Hence, Nuveen Enhanced Municipal Value Fund's Price to Tangible Book Ratio of today is 0.79.

The historical rank and industry rank for Nuveen Enhanced Municipal Value Fund's Price-to-Tangible-Book or its related term are showing as below:

NEV'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 Enhanced Municipal Value Fund's share price is $12.51. Nuveen Enhanced Municipal Value Fund's Book Value per Sharefor the quarter that ended in Oct. 2021 was $15.77. Hence, Nuveen Enhanced Municipal Value Fund's P/B Ratio of today is 0.79.


Nuveen Enhanced Municipal Value Fund Price-to-Tangible-Book Historical Data

The historical data trend for Nuveen Enhanced Municipal Value 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 Enhanced Municipal Value Fund Price-to-Tangible-Book Chart

Nuveen Enhanced Municipal Value Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21
Price-to-Tangible-Book
0.95 0.89 0.96 0.97 0.98

Nuveen Enhanced Municipal Value Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only 0.96 0.92 0.97 1.09 0.98

Competitive Comparison of Nuveen Enhanced Municipal Value Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Nuveen Enhanced Municipal Value 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 Enhanced Municipal Value Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Enhanced Municipal Value Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nuveen Enhanced Municipal Value Fund's Price-to-Tangible-Book falls into.



Nuveen Enhanced Municipal Value Fund Price-to-Tangible-Book Calculation

Nuveen Enhanced Municipal Value Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2021 )
=12.51/15.774
=0.79

* 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 Enhanced Municipal Value Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Nuveen Enhanced Municipal Value Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Enhanced Municipal Value Fund is a diversified closed-end management investment company. Its primary investment objective is to provide current income exempt from regular federal income tax. The fund's secondary investment objective is to enhance portfolio value and total return.
Executives
John M. Mccann officer: Vice President 333 WEST 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
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, 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
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Stephen Candido other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Timothy T Ryan other: Portfolio Manager C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
Young L Robert other: Trustee 1111 POLARIS PARKWAY, COLUMBUS OH 43240

Nuveen Enhanced Municipal Value Fund (Nuveen Enhanced Municipal Value Fund) Headlines

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