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Nuveen Real Assetome and Growth Fund (Nuveen Real Assetome and Growth Fund) Price-to-Tangible-Book : 0.86 (As of Jun. 06, 2024)


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What is Nuveen Real Assetome and Growth Fund Price-to-Tangible-Book?

As of today (2024-06-06), Nuveen Real Assetome and Growth Fund's share price is $11.745. Nuveen Real Assetome and Growth Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $13.69. Hence, Nuveen Real Assetome and Growth Fund's Price to Tangible Book Ratio of today is 0.86.

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

JRI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 0.86   Max: 0.93
Current: 0.86

During the past 7 years, Nuveen Real Assetome and Growth Fund's highest Price to Tangible Book Ratio was 0.93. The lowest was 0.83. And the median was 0.86.

JRI's Price-to-Tangible-Book is ranked better than
70.24% of 1613 companies
in the Asset Management industry
Industry Median: 0.95 vs JRI: 0.86

A closely related ratio is called PB Ratio. As of today, Nuveen Real Assetome and Growth Fund's share price is $11.745. Nuveen Real Assetome and Growth Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $13.69. Hence, Nuveen Real Assetome and Growth Fund's P/B Ratio of today is 0.86.


Nuveen Real Assetome and Growth Fund Price-to-Tangible-Book Historical Data

The historical data trend for Nuveen Real Assetome and Growth 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 Real Assetome and Growth Fund Price-to-Tangible-Book Chart

Nuveen Real Assetome and Growth Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.92 0.85 0.93 0.86 0.86

Nuveen Real Assetome and Growth Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.89 0.86 0.85 0.86

Competitive Comparison of Nuveen Real Assetome and Growth Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Nuveen Real Assetome and Growth 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 Real Assetome and Growth Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Real Assetome and Growth Fund's Price-to-Tangible-Book falls into.



Nuveen Real Assetome and Growth Fund Price-to-Tangible-Book Calculation

Nuveen Real Assetome and Growth Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=11.745/13.689
=0.86

* 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 Real Assetome and Growth Fund Price-to-Tangible-Book Related Terms

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


Nuveen Real Assetome and Growth Fund (Nuveen Real Assetome and Growth Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Real Asset Income and Growth Fund is the United States-based closed-end fund. Its objective is to provide a high level of current income and long-term capital appreciation. The fund invests a majority of its managed assets in equity and debt securities issued by real asset related companies located anywhere in the world. Its strategy involves investments primarily in five security types, global infrastructure common stock, real estate investment trust (REIT) common stock, global infrastructure preferred stock and hybrids, REIT preferred stock and debt securities.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Ben Kerl other: Portfolio Manager 333 W. 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
Gifford R Zimmerman officer: Chief Administrative Officer 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
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
Jean Lin other: Portfolio Manager 333 W WACKER DR, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jeffrey T Schmitz other: Portfolio Manager