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Nuveen Multi-Assetome Fund (Nuveen Multi-Assetome Fund) Price-to-Tangible-Book : 0.90 (As of May. 26, 2024)


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What is Nuveen Multi-Assetome Fund Price-to-Tangible-Book?

As of today (2024-05-26), Nuveen Multi-Assetome Fund's share price is $12.34. Nuveen Multi-Assetome Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $13.76. Hence, Nuveen Multi-Assetome Fund's Price to Tangible Book Ratio of today is 0.90.

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

NMAI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86   Med: 0.88   Max: 0.9
Current: 0.9

During the past 3 years, Nuveen Multi-Assetome Fund's highest Price to Tangible Book Ratio was 0.90. The lowest was 0.86. And the median was 0.88.

NMAI's Price-to-Tangible-Book is ranked better than
62.66% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs NMAI: 0.90

A closely related ratio is called PB Ratio. As of today, Nuveen Multi-Assetome Fund's share price is $12.34. Nuveen Multi-Assetome Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $13.76. Hence, Nuveen Multi-Assetome Fund's P/B Ratio of today is 0.90.

Nuveen Multi-Assetome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Nuveen Multi-Assetome 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 Multi-Assetome Fund Price-to-Tangible-Book Chart

Nuveen Multi-Assetome Fund Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 0.86 0.89

Nuveen Multi-Assetome Fund Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 0.87 0.86 0.85 0.89

Competitive Comparison of Nuveen Multi-Assetome Fund's Price-to-Tangible-Book

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

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

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


Nuveen Multi-Assetome Fund Price-to-Tangible-Book Calculation

Nuveen Multi-Assetome 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 )
=12.34/13.755
=0.90

* 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:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Stockholders Equity-Preferred Stock-Intangible Assets)

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 Multi-Assetome Fund Price-to-Tangible-Book Related Terms

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

Nuveen Multi-Assetome Fund (Nuveen Multi-Assetome Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Multi-Asset Income Fund (NYSE:NMAI) » Definitions » Price-to-Tangible-Book
Comparable Companies
HPI EVN ETB BGR SCU NQP NML PUYI FSD SDHY BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Website
https://www.nuveen.com
Nuveen Multi-Asset Income Fund is a closed-end management investment company. The funds have investment objectives that focus on the pursuit of total return, comprised of income or distributions and capital appreciation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Huffman William T. Jr. officer: President NAM C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606
Nuveen Fund Advisors, Llc other: Investment Advisor 333 W. WACKER DRIVE, CHICAGO IL 60606
Nathan Shetty other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Dugar Anurag 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
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Kevin J Mccarthy officer: Vice President & Asst. Secr. C/O NUVEEN INVESTMENTS, 333 WEST WACKER DRIVE, CHICAGO IL 60606
Carole E Stone other: Trustee 2169 ROWLEY ROAD, MALTA NY 12020
William Curt Hunter other: Trustee