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Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) Price-to-Tangible-Book : 1.12 (As of May. 11, 2024)


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What is Nuveen Dynamic Municipal Opportunities Price-to-Tangible-Book?

As of today (2024-05-11), Nuveen Dynamic Municipal Opportunities's share price is $10.97. Nuveen Dynamic Municipal Opportunities's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $9.80. Hence, Nuveen Dynamic Municipal Opportunities's Price to Tangible Book Ratio of today is 1.12.

The historical rank and industry rank for Nuveen Dynamic Municipal Opportunities's Price-to-Tangible-Book or its related term are showing as below:

NDMO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91   Med: 0.93   Max: 1.12
Current: 1.12

During the past 4 years, Nuveen Dynamic Municipal Opportunities's highest Price to Tangible Book Ratio was 1.12. The lowest was 0.91. And the median was 0.93.

NDMO's Price-to-Tangible-Book is ranked worse than
73.29% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs NDMO: 1.12

A closely related ratio is called PB Ratio. As of today, Nuveen Dynamic Municipal Opportunities's share price is $10.97. Nuveen Dynamic Municipal Opportunities's Book Value per Sharefor the quarter that ended in Oct. 2023 was $9.80. Hence, Nuveen Dynamic Municipal Opportunities's P/B Ratio of today is 1.12.


Nuveen Dynamic Municipal Opportunities Price-to-Tangible-Book Historical Data

The historical data trend for Nuveen Dynamic Municipal Opportunities'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 Dynamic Municipal Opportunities Price-to-Tangible-Book Chart

Nuveen Dynamic Municipal Opportunities Annual Data
Trend Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
- 1.00 0.91 0.93

Nuveen Dynamic Municipal Opportunities Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Price-to-Tangible-Book Get a 7-Day Free Trial 1.00 0.92 0.91 0.96 0.93

Competitive Comparison of Nuveen Dynamic Municipal Opportunities's Price-to-Tangible-Book

For the Asset Management subindustry, Nuveen Dynamic Municipal Opportunities'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 Dynamic Municipal Opportunities's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Nuveen Dynamic Municipal Opportunities's Price-to-Tangible-Book falls into.



Nuveen Dynamic Municipal Opportunities Price-to-Tangible-Book Calculation

Nuveen Dynamic Municipal Opportunities's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=10.97/9.797
=1.12

* 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 Dynamic Municipal Opportunities Price-to-Tangible-Book Related Terms

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


Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Dynamic Municipal Opportunities is a closed-end management investment company. The investment objective of the Fund is to seek total return through income exempt from regular federal income taxes and capital appreciation.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
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
Joanne Medero other: Trustee 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
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Paul L Brennan other: Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: Vice President & Secretary 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606

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