NMZ (Nuveen Municipal Highome Opp Fund) PS Ratio: 19.81 (As of Jul. 14, 2026) — 31% Above Median

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NMZ Nuveen Municipal High Income Opp Fund NMZ
49 GF Score
Price $10.40
GF Value $23.77
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Nuveen Municipal Highome Opp Fund PS Ratio?

Nuveen Municipal Highome Opp Fund NMZ +0.10% 49 PS Ratio is 19.81 as of Jul. 14, 2026, which is 31% above its 10-year median of 15.11. GuruFocus rates NMZ with a GF Score™ of 49/100 and a GF Value™ of $23.77 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,411 Asset Management companies, Nuveen Municipal Highome Opp Fund ranks worse than 79.52% 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, Nuveen Municipal Highome Opp Fund's share price is $10.40. Nuveen Municipal Highome Opp Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $0.53. Hence, Nuveen Municipal Highome Opp Fund's PS Ratio for today is 19.81.

Warning Sign:

Nuveen Municipal High Income Opp Fund stock PS Ratio (=47.93) is close to 1-year high of 49.26.

The historical rank and industry rank for Nuveen Municipal Highome Opp Fund's PS Ratio or its related term are showing as below:

NMZ' s PS Ratio Range Over the Past 10 Years
Min: 4.18   Med: 15.11   Max: 294.29
Current: 19.81

During the past 13 years, Nuveen Municipal Highome Opp Fund's highest PS Ratio was 294.29. The lowest was 4.18. And the median was 15.11.

NMZ's PS Ratio is ranked worse than
79.52% of 1411 companies
in the Asset Management industry
Industry Median: 7.3 vs NMZ: 19.81

Nuveen Municipal Highome Opp Fund's Revenue per Sharefor the six months ended in Apr. 2026 was $0.07. Its Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $0.53.

During the past 12 months, the average Revenue per Share Growth Rate of Nuveen Municipal Highome Opp Fund was 127.30% per year.

During the past 13 years, Nuveen Municipal Highome Opp Fund's highest 3-Year average Revenue per Share Growth Rate was 246.00% per year. The lowest was -61.90% per year. And the median was 5.20% per year.

Back to Basics: PS Ratio


Nuveen Municipal Highome Opp Fund  (NYSE:NMZ) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio 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

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.


Nuveen Municipal Highome Opp Fund PS Ratio Related Terms


Nuveen Municipal Highome Opp Fund PS Ratio Historical Data

* Premium members only.

The historical data trend for Nuveen Municipal Highome Opp Fund's PS Ratio 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.

Nuveen Municipal Highome Opp Fund PS Ratio Chart

Nuveen Municipal Highome Opp Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.25 0.00 100.84 4.72 49.08

Nuveen Municipal Highome Opp Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 4.72 0.00 49.08 0.00

NMZ vs JFR, HQH, DSL: PS Ratio Comparison

For the Asset Management subindustry, Nuveen Municipal Highome Opp 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.


Nuveen Municipal Highome Opp Fund PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Municipal Highome Opp Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Nuveen Municipal Highome Opp Fund's PS Ratio falls into.


NMZ
49GF Score
Nuveen Municipal High Income Opp Fund NMZ
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen Municipal Highome Opp 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.

Nuveen Municipal Highome Opp Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=10.40/0.525
=19.81

Nuveen Municipal Highome Opp Fund's Share Price of today is $10.40.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nuveen Municipal Highome Opp Fund's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $0.53.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 19.81 mean?
Nuveen Municipal Highome Opp Fund (NMZ) has a PS Ratio of 19.81 as of Jul. 14, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Nuveen Municipal Highome Opp Fund and its competitors. This is 31% above median its historical median of 15.11. Over the past decade, Nuveen Municipal Highome Opp Fund's PS Ratio has ranged from 4.18 to 294.29. According to the industry distribution chart, Nuveen Municipal Highome Opp Fund ranks #1122 out of 1411 companies in the Asset Management industry, placing it in the top 79.5%.
Is Nuveen Municipal Highome Opp Fund's PS Ratio too high?
Nuveen Municipal Highome Opp Fund's current PS Ratio of 19.81 is 31% above median its 10-year median of 15.11. Over the past 10 years, this metric has ranged from a low of 4.18 to a high of 294.29. The Asset Management industry median PS Ratio is 7.30. Nuveen Municipal Highome Opp Fund's value of 19.81 is 171.4% above this industry median. Based on the distribution chart, Nuveen Municipal Highome Opp Fund ranks #1122 out of 1411 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Nuveen Municipal Highome Opp Fund has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nuveen Municipal Highome Opp Fund's PS Ratio compare to JFR and HQH?
According to the Asset Management industry distribution chart, Nuveen Municipal Highome Opp Fund ranks #1122 out of 1411 companies for PS Ratio. This places Nuveen Municipal Highome Opp Fund in the lower half of its industry. The industry median PS Ratio is 7.30. Nuveen Municipal Highome Opp Fund's value of 19.81 is 171.4% above this benchmark. Historically, Nuveen Municipal Highome Opp Fund's own PS Ratio has ranged from 4.18 to 294.29 over the past decade. While the company's 10-year median is 15.11 vs. the industry median of 7.30, Nuveen Municipal Highome Opp 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 7.30, based on 1,411 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. Nuveen Municipal Highome Opp Fund's current PS Ratio of 19.81 is 171.4% 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 Nuveen Municipal Highome Opp Fund and its competitors. For the Asset Management industry, the median PS Ratio is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Municipal Highome Opp Fund's current PS Ratio is 19.81, which is 31% above median its own 10-year median of 15.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Municipal Highome Opp Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Municipal Highome Opp Fund (NMZ) is currently considered Possible Value Trap. The stock's GF Value™ is $23.77, compared to a current price of $10.40 — trading 56.2% below its estimated fair value. The current PS Ratio is 19.81, which is 31% above median its 10-year median of 15.11 and 171.4% above the Asset Management industry median of 7.30. Nuveen Municipal Highome Opp Fund's overall GF Score™ is 49/100 with 7 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 Nuveen Municipal Highome Opp Fund (NMZ), the current PS Ratio is 19.81 as of Jul. 14, 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 Nuveen Municipal Highome Opp Fund (NMZ) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Municipal Highome Opp Fund stock appears to be undervalued. The current stock price of $10.40 is trading 56.2% below its estimated GF Value™ of $23.77. GuruFocus considers Nuveen Municipal Highome Opp Fund to be Possible Value Trap.

Key valuation signals for NMZ:

  • PS Ratio: 19.81 (31% above median its 10-year median of 15.11)
  • GF Value™: $23.77 vs. price of $10.40 (56.2% below fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 171.4% above the Asset Management median (#1122 of 1411)

No single metric tells the full story. See the NMZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen Municipal Highome Opp Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Municipal High Income Opp Fund is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide high current income exempt from regular federal income tax. The Fund's secondary investment objective is to seek an attractive total return consistent with its primary objective.
49GF Score

Get the complete analysis for NMZ

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.40
Price
$23.77
GF Value