Nuveen California Select Stock Price To Sales

NXC Stock  USD 13.34  0.04  0.30%   
Nuveen California Select fundamentals help investors to digest information that contributes to Nuveen California's financial success or failures. It also enables traders to predict the movement of Nuveen Stock. The fundamental analysis module provides a way to measure Nuveen California's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nuveen California stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 22.57  17.41 
As of November 22, 2024, Price To Sales Ratio is expected to decline to 17.41.
  
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Nuveen California Select Company Price To Sales Analysis

Nuveen California's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Nuveen California Price To Sales

    
  22.89 X  
Most of Nuveen California's fundamental indicators, such as Price To Sales, 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 Select is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nuveen Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Nuveen California is extremely important. It helps to project a fair market value of Nuveen Stock properly, considering its historical fundamentals such as Price To Sales. Since Nuveen California's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nuveen California's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nuveen California's interrelated accounts and indicators.
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The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Nuveen Price To Sales Ratio

Price To Sales Ratio

17.41

At present, Nuveen California's Price To Sales Ratio is projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, Nuveen California Select has a Price To Sales of 22.8897 times. This is much higher than that of the Capital Markets sector and 256.54% higher than that of the Financials industry. The price to sales for all United States stocks is 100.44% lower than that of the firm.

Nuveen Price To Sales 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 Sales to detect undervalued stocks with similar characteristics or determine the stocks 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 sales category among its peers.

Nuveen Fundamentals

About Nuveen California Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nuveen California Select'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 Select based on its fundamental data. In general, a quantitative approach, as applied to this company, 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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When determining whether Nuveen California Select offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen California's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuveen California Select Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen California Select Stock:
Check out Nuveen California Piotroski F Score and Nuveen California Altman Z Score analysis.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuveen California. If investors know Nuveen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuveen California listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
13.302
Earnings Share
0.85
Revenue Per Share
0.581
Quarterly Revenue Growth
0.016
Return On Assets
0.0239
The market value of Nuveen California Select is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen California's value that differs from its market value or its book value, called intrinsic value, which is Nuveen California's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen California's market value can be influenced by many factors that don't directly affect Nuveen California's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen California's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.