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Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Price-to-Tangible-Book : 1.28 (As of May. 12, 2024)


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What is Nuveen Churchill Direct Lending Price-to-Tangible-Book?

As of today (2024-05-12), Nuveen Churchill Direct Lending's share price is $17.44. Nuveen Churchill Direct Lending's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $13.64. Hence, Nuveen Churchill Direct Lending's Price to Tangible Book Ratio of today is 1.28.

The historical rank and industry rank for Nuveen Churchill Direct Lending's Price-to-Tangible-Book or its related term are showing as below:

NCDL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.28
Current: 1.28

During the past 4 years, Nuveen Churchill Direct Lending's highest Price to Tangible Book Ratio was 1.28. The lowest was 0.00. And the median was 0.00.

NCDL's Price-to-Tangible-Book is ranked worse than
78.35% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs NCDL: 1.28

A closely related ratio is called PB Ratio. As of today, Nuveen Churchill Direct Lending's share price is $17.44. Nuveen Churchill Direct Lending's Book Value per Sharefor the quarter that ended in Dec. 2023 was $13.64. Hence, Nuveen Churchill Direct Lending's P/B Ratio of today is 1.28.

Nuveen Churchill Direct Lending Price-to-Tangible-Book Historical Data

The historical data trend for Nuveen Churchill Direct Lending'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 Churchill Direct Lending Price-to-Tangible-Book Chart

Nuveen Churchill Direct Lending Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - -

Nuveen Churchill Direct Lending Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - -

Competitive Comparison of Nuveen Churchill Direct Lending's Price-to-Tangible-Book

For the Asset Management subindustry, Nuveen Churchill Direct Lending'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 Churchill Direct Lending's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Churchill Direct Lending's Price-to-Tangible-Book falls into.


Nuveen Churchill Direct Lending Price-to-Tangible-Book Calculation

Nuveen Churchill Direct Lending's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=17.44/13.644
=1.28

* 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 Churchill Direct Lending Price-to-Tangible-Book Related Terms

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

Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Business Description

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Nuveen Churchill Direct Lending Corp is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It invest in senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity.

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