Nuveen California Municipal Fund Price To Earning
| NCA Fund | USD 8.53 0.02 0.24% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Nuveen California's long-term financial health and intrinsic value.
Nuveen |
Nuveen California Municipal Fund Price To Earning Analysis
Nuveen California's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Nuveen California Price To Earning | 30.04 X |
Most of Nuveen California's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nuveen California Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Nuveen California Municipal has a Price To Earning of 30.04 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States funds is notably lower than that of the firm.
Nuveen Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nuveen California's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Nuveen California could also be used in its relative valuation, which is a method of valuing Nuveen California by comparing valuation metrics of similar companies.Nuveen California is currently under evaluation in price to earning among similar funds.
Nuveen Fundamentals
| Return On Equity | -0.45 | ||||
| Return On Asset | 1.97 | ||||
| Profit Margin | (11.96) % | ||||
| Operating Margin | 83.59 % | ||||
| Current Valuation | 276.1 M | ||||
| Shares Outstanding | 33.11 M | ||||
| Shares Owned By Institutions | 18.80 % | ||||
| Number Of Shares Shorted | 34.43 K | ||||
| Price To Earning | 30.04 X | ||||
| Price To Book | 0.79 X | ||||
| Price To Sales | 23.29 X | ||||
| Revenue | 12.13 M | ||||
| Gross Profit | 12.13 M | ||||
| Net Income | (1.45 M) | ||||
| Cash And Equivalents | 26.74 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 1.63 X | ||||
| Book Value Per Share | 10.77 X | ||||
| Short Ratio | 0.51 X | ||||
| Earnings Per Share | 0.28 X | ||||
| Number Of Employees | 23 | ||||
| Beta | 0.24 | ||||
| Market Capitalization | 254.79 M | ||||
| Total Asset | 254.99 M | ||||
| Retained Earnings | 7.04 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 0.51 % | ||||
| One Year Return | (2.42) % | ||||
| Three Year Return | 0.85 % | ||||
| Five Year Return | (0.67) % | ||||
| Last Dividend Paid | 0.33 |
About Nuveen California Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nuveen California Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nuveen California using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nuveen California Municipal based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Nuveen California financial ratios help investors to determine whether Nuveen Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen California security.
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