NRO (NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND) Shiller PE Ratio: 13.50 (As of Aug. 26, 2026) — Near Median

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NRO NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC NRO
30 GF Score
Price $2.97
! 6 Warning Signs
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What is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Shiller PE Ratio?

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND NRO -0.34% 30 Shiller PE Ratio is 13.50 as of Aug. 26, 2026, which is 8% above its 10-year median of 12.54. GuruFocus rates NRO with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 787 Asset Management companies, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks worse than 53.75% on this metric.

As of today (2026-08-26), NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current share price is $2.97. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's E10 for the fiscal year that ended in Oct25 was $0.22. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio for today is 13.50.

The historical rank and industry rank for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio or its related term are showing as below:

NRO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.77   Med: 12.54   Max: 18.22
Current: 13.5

During the past 13 years, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's highest Shiller PE Ratio was 18.22. The lowest was 3.77. And the median was 12.54.

NRO's Shiller PE Ratio is ranked worse than
53.75% of 787 companies
in the Asset Management industry
Industry Median: 12.89 vs NRO: 13.50

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's adjusted earnings per share data of for the fiscal year that ended in Oct25 was $. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.22 for the trailing ten years ended in Oct25.

Shiller PE for Stocks: The True Measure of Stock Valuation


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND  (AMEX:NRO) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Shiller PE Ratio Related Terms


NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Shiller PE Ratio Chart

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.54 11.67 11.46 16.19 14.35

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Shiller PE 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 16.19 0.00 14.35 0.00

NRO vs VPV, DMB, OPP: Shiller PE Ratio Comparison

For the Asset Management subindustry, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 REAL ESTATE SECURITIESOME FUND Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio falls into.


NRO
30GF Score
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC NRO
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.97/0.22
=13.50

* 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's E10 for the fiscal year that ended in Oct25 is calculated as:

For example, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's adjusted earnings per share data for the fiscal year that ended in Oct25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Oct25 (Change)*Current CPI (Oct25)
=-0.18/*
=

Current CPI (Oct25) = .

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201610 0.597 241.729 0.000
201710 0.323 246.663 0.000
201810 -0.196 252.885 0.000
201910 1.271 257.346 0.000
202010 -1.477 260.388 0.000
202110 1.711 276.589 0.000
202210 -1.447 298.012 0.000
202310 -0.039 307.671 0.000
202410 1.252 315.664 0.000
202510 -0.180 0.000

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 13.50 mean?
NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NRO) has a Shiller PE Ratio of 13.50 as of Aug. 26, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND and its competitors. This is near median its historical median of 12.54. Over the past decade, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio has ranged from 3.77 to 18.22. According to the industry distribution chart, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks #423 out of 787 companies in the Asset Management industry, placing it in the top 53.7%.
Is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio too high?
NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current Shiller PE Ratio of 13.50 is near median its 10-year median of 12.54. Over the past 10 years, this metric has ranged from a low of 3.77 to a high of 18.22. The Asset Management industry median Shiller PE Ratio is 12.89. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's value of 13.50 is 4.7% above this industry median. Based on the distribution chart, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks #423 out of 787 companies in the Asset Management industry, which is below the industry midpoint. Overall, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's Shiller PE Ratio compare to VPV and DMB?
According to the Asset Management industry distribution chart, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND ranks #423 out of 787 companies for Shiller PE Ratio. This places NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND in the lower half of its industry. The industry median Shiller PE Ratio is 12.89. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's value of 13.50 is 4.7% above this benchmark. Historically, NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's own Shiller PE Ratio has ranged from 3.77 to 18.22 over the past decade. While the company's 10-year median is 12.54 vs. the industry median of 12.89, NEUBERGER BERMAN REAL ESTATE SECURITIESOME 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 Shiller PE Ratio for an Asset Management company?
The median Shiller PE Ratio among Asset Management companies is 12.89, based on 787 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current Shiller PE Ratio of 13.50 is 4.7% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND and its competitors. For the Asset Management industry, the median Shiller PE Ratio is 12.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's current Shiller PE Ratio is 13.50, which is near median its own 10-year median of 12.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND stock overvalued right now?
NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NRO) has a current Shiller PE Ratio of 13.50. The current Shiller PE Ratio is 13.50, which is near median its 10-year median of 12.54 and 4.7% above the Asset Management industry median of 12.89. NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND (NRO), the current Shiller PE Ratio is 13.50 as of Aug. 26, 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.

NEUBERGER BERMAN REAL ESTATE SECURITIESOME FUND Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC is a closed-end management investment company that invests mainly in securities issued by real estate companies, including real estate investment trusts (REITs). Its primary objective is to gain high current income with capital appreciation being the second. Under normal market conditions, the Fund invests at least 90% of its total assets in income-producing common equity securities, preferred securities, convertible securities and non-convertible debt securities issued by real estate companies, including real estate investment trusts ("REITs").
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