Neuberger Berman Municipal FundNBH -0.57%53 PS Ratio is 9.80 as of Jul. 05, 2026, which is 45% below its 10-year median of 17.94. GuruFocus rates NBH with a GF Score™ of 53/100 and a GF Value™ of $19.67 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,407 Asset Management companies, Neuberger Berman Municipal Fund ranks worse than 60.55% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Neuberger Berman Municipal Fund's share price is $10.53.
Neuberger Berman Municipal Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $1.08. Hence, Neuberger Berman Municipal Fund's PS Ratio for today is 9.80.
Warning Sign:
Neuberger Berman Municipal Fund Inc stock PS Ratio (=18.16) is close to 1-year high of 18.29.
The historical rank and industry rank for Neuberger Berman Municipal Fund's PS Ratio or its related term are showing as below:
NBH'
s PS Ratio Range Over the Past 10 Years
Min: 4.48 Med: 17.94 Max: 106.12
Current: 9.8
During the past 13 years, Neuberger Berman Municipal Fund's highest PS Ratio was 106.12. The lowest was 4.48. And the median was 17.94.
NBH's PS Ratio is ranked worse than 60.55% of 1407
companies
in the Asset Management industry
Industry Median: 7.28
vs NBH: 9.80
During the past 13 years, Neuberger Berman Municipal Fund's highest 3-Year average Revenue per Share Growth Rate was 93.30% per year. The lowest was -44.50% per year. And the median was -6.40% per year.
Back to Basics: PS Ratio
Neuberger Berman Municipal Fund (AMEX:NBH) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Neuberger Berman Municipal Fund PS Ratio Related Terms
Neuberger Berman Municipal Fund PS Ratio 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.
For the Asset Management subindustry, Neuberger Berman Municipal Fund's PS Ratio, along with its competitors' market caps and PS 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.
Neuberger Berman Municipal Fund PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Neuberger Berman Municipal Fund's PS Ratio distribution charts can be found below:
* The bar in red indicates where Neuberger Berman Municipal Fund's PS Ratio falls into.
Neuberger Berman Municipal Fund PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Neuberger Berman Municipal Fund's Share Price of today is $10.53.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neuberger Berman Municipal Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $1.08.
* 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:
Neuberger Berman Municipal Fund (NBH) has a PS Ratio of 9.80 as of Jul. 05, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Neuberger Berman Municipal Fund and its competitors. This is 45% below median its historical median of 17.94. Over the past decade, Neuberger Berman Municipal Fund's PS Ratio has ranged from 4.48 to 106.12. According to the industry distribution chart, Neuberger Berman Municipal Fund ranks #852 out of 1407 companies in the Asset Management industry, placing it in the top 60.6%.
Is Neuberger Berman Municipal Fund's PS Ratio too high?
Neuberger Berman Municipal Fund's current PS Ratio of 9.80 is 45% below median its 10-year median of 17.94. Over the past 10 years, this metric has ranged from a low of 4.48 to a high of 106.12. The Asset Management industry median PS Ratio is 7.28. Neuberger Berman Municipal Fund's value of 9.80 is 34.6% above this industry median. Based on the distribution chart, Neuberger Berman Municipal Fund ranks #852 out of 1407 companies in the Asset Management industry, which is below the industry midpoint. Overall, Neuberger Berman Municipal Fund has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman Municipal Fund's PS Ratio compare to MXF and AGD?
According to the Asset Management industry distribution chart, Neuberger Berman Municipal Fund ranks #852 out of 1407 companies for PS Ratio. This places Neuberger Berman Municipal Fund in the lower half of its industry. The industry median PS Ratio is 7.28. Neuberger Berman Municipal Fund's value of 9.80 is 34.6% above this benchmark. Historically, Neuberger Berman Municipal Fund's own PS Ratio has ranged from 4.48 to 106.12 over the past decade. While the company's 10-year median is 17.94 vs. the industry median of 7.28, Neuberger Berman Municipal Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.28, based on 1,407 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Neuberger Berman Municipal Fund's current PS Ratio of 9.80 is 34.6% above 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Neuberger Berman Municipal Fund and its competitors. For the Asset Management industry, the median PS Ratio is 7.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Berman Municipal Fund's current PS Ratio is 9.80, which is 45% below median its own 10-year median of 17.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Berman Municipal Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Berman Municipal Fund (NBH) is currently considered Possible Value Trap. The stock's GF Value™ is $19.67, compared to a current price of $10.53 — trading 46.5% below its estimated fair value. The current PS Ratio is 9.80, which is 45% below median its 10-year median of 17.94 and 34.6% above the Asset Management industry median of 7.28. Neuberger Berman Municipal Fund's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Neuberger Berman Municipal Fund (NBH), the current PS Ratio is 9.80 as of Jul. 05, 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.
Is Neuberger Berman Municipal Fund (NBH) Overvalued in 2026?
Based on GuruFocus' analysis, Neuberger Berman Municipal Fund stock appears to be undervalued.
The current stock price of $10.53 is trading 46.5% below its estimated GF Value™ of $19.67.
GuruFocus considers Neuberger Berman Municipal Fund to be Possible Value Trap.
Key valuation signals for NBH:
PS Ratio: 9.80 (45% below median its 10-year median of 17.94)
GF Value™: $19.67 vs. price of $10.53 (46.5% below fair value)
Industry Position: 34.6% above the Asset Management median (#852 of 1407)
No single metric tells the full story. See the NBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neuberger Berman Municipal Fund Business Description
Neuberger Berman Municipal Fund Inc is a closed-end management investment company that invests mainly in municipal securities. The company aims to provide common stockholders a high level of current income exempt from Federal income tax.
53GF Score
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