NCA'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91 Med: 0.94 Max: 0.96
Current: 0.91
During the past 7 years, Nuveen California Municipal Value Fund's highest Price to Tangible Book Ratio was 0.96. The lowest was 0.91. And the median was 0.94.
NCA's Price-to-Tangible-Book is ranked better than 60.01% of 1623
companies
in the Asset Management industry
Industry Median: 0.96
vs NCA: 0.91
* 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.
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Nuveen California Municipal Value Fund Price-to-Tangible-Book Chart
Nuveen California Municipal Value Fund Annual Data
Competitive Comparison of Nuveen California Municipal Value Fund's Price-to-Tangible-Book
For the Asset Management subindustry, Nuveen California Municipal Value 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 California Municipal Value Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen California Municipal Value Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Nuveen California Municipal Value Fund's Price-to-Tangible-Book falls into.
Nuveen California Municipal Value Fund Price-to-Tangible-Book Calculation
* 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 California Municipal Value Fund Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Nuveen California Municipal Value Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuveen California Municipal Value Fund (Nuveen California Municipal Value Fund) Business Description
Nuveen California Municipal Value Fund Inc is a diversified closed-end management investment company. Its primary objective is to provide current income exempt from regular federal and California income taxes. The fund's secondary objective is to enhance portfolio value relative to the California municipal bond market by investing in tax-exempt California municipal securities that the Fund's investment adviser and/or the Fund's sub-adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
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