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NPFD'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 0.94 Max: 0.97
Current: 0.87
During the past 4 years, Nuveen Variable Rate Preferred&Income's highest Price to Tangible Book Ratio was 0.97. The lowest was 0.86. And the median was 0.94.
NPFD's Price-to-Tangible-Book is ranked better than 60.25% of 1522
companies
in the Asset Management industry
Industry Median: 0.92
vs NPFD: 0.87
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 Variable Rate Preferred&Income Price-to-Tangible-Book Related Terms
Nuveen Variable Rate Preferred&Income Price-to-Tangible-Book Historical Data
* 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.
NPFD vs NBB, VVR, KIO: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Nuveen Variable Rate Preferred&Income'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 Variable Rate Preferred&Income Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen Variable Rate Preferred&Income's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Nuveen Variable Rate Preferred&Income's Price-to-Tangible-Book falls into.
* 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.
Nuveen Variable Rate Preferred&Income (NPFD) has a Price-to-Tangible-Book of 0.87 as of Sep. 21, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. According to the industry distribution chart, Nuveen Variable Rate Preferred&Income ranks #605 out of 1522 companies in the Asset Management industry, placing it in the top 39.8%.
Is Nuveen Variable Rate Preferred&Income's Price-to-Tangible-Book too high?
Nuveen Variable Rate Preferred&Income's current Price-to-Tangible-Book is 0.87. The Asset Management industry median Price-to-Tangible-Book is 0.92. Nuveen Variable Rate Preferred&Income's value of 0.87 is 5.4% below this industry median. Based on the distribution chart, Nuveen Variable Rate Preferred&Income ranks #605 out of 1522 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen Variable Rate Preferred&Income has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Variable Rate Preferred&Income's Price-to-Tangible-Book compare to NBB and VVR?
According to the Asset Management industry distribution chart, Nuveen Variable Rate Preferred&Income ranks #605 out of 1522 companies for Price-to-Tangible-Book. This puts Nuveen Variable Rate Preferred&Income in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.92. Nuveen Variable Rate Preferred&Income's value of 0.87 is 5.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.92, based on 1,522 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Variable Rate Preferred&Income's current Price-to-Tangible-Book of 0.87 is 5.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Variable Rate Preferred&Income's current Price-to-Tangible-Book is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Variable Rate Preferred&Income stock overvalued right now?
Nuveen Variable Rate Preferred&Income (NPFD) has a current Price-to-Tangible-Book of 0.87. The current Price-to-Tangible-Book is 0.87 and 5.4% below the Asset Management industry median of 0.92. Nuveen Variable Rate Preferred&Income's overall GF Score™ is 28/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Nuveen Variable Rate Preferred&Income (NPFD), the current Price-to-Tangible-Book is 0.87 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nuveen Variable Rate Preferred&Income is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and total return. The fund invests a majority of its assets in variable-rate preferred securities and other variable-rate income-producing securities. The rest of its investments can be made in contingent capital securities or contingent convertible securities, convertible securities, corporate debt securities, U.S. government securities, residential and commercial mortgage-backed securities, fixed-rate preferred securities, senior loans and loan participations and assignments, sovereign debt instruments, debt securities issued by supranational agencies, and/or taxable and tax-exempt municipal bonds.
28GF Score
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