PB Ratio: 1.00
Is the P/B ratio high or low?
The P/B ratio of 1.00 is in line with its 5-year average of 0.92, near the high end of its 5-year range (0.55–1.15).
0.79% above its 12-month average of 0.99.
NMS PB Ratio Chart
NMS Average PB Ratio Chart
NMS Current vs Average PB Ratio Chart
NMS PB Ratio Metrics
PB RATIO
1.00
PB RATIO AVG TTM
0.99
PB RATIO AVG 3Y
0.95
PB RATIO AVG 5Y
0.95
PB RATIO AVG 10Y
N/A
PB RATIO AVG 15Y
N/A
PB RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.79%
CURRENT VS 3Y AVG
+4.77%
CURRENT VS 5Y AVG
+4.86%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NMS Competitors' PB Ratio
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund (NMS) | $74.78M | 1.00 | 0.99 | 0.95 | 0.95 |
| Global X - MSCI Colombia ETF (COLO)vs › | $126.82M | N/A | N/A | N/A | N/A |
| CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)vs › | $5.89M | N/A | N/A | N/A | N/A |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $157.50M | N/A | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $157.96M | 0.91 | 7.03 | 19.43 | 19.43 |
| The New Germany Fund, Inc. (GF)vs › | $186.66M | 0.91 | 0.89 | 1.15 | 1.36 |
| Franklin Universal Trust (FT)vs › | $202.31M | 0.89 | 0.93 | 0.91 | 0.91 |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 1.26 | 1.35 | 1.00 | 0.97 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.76M | 0.80 | 0.97 | 0.97 | 0.96 |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $529.65M | 0.89 | 0.94 | 1.01 | 1.00 |
P/B vs. its own history
At 1.00, P/B is richer than usual, sitting higher than 79% of its 7-year history.
7-year low
0.55
median
0.95
7-year high
1.15
Book Value Analysis
P/B Ratio
1.00
Market Price / Book Value per Share
PB Ratio Formula & Definition
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PB Ratio FAQ
- What is the P/B ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The P/B ratio for NMS stock is 1.00.
- Is Nuveen Minnesota Quality Municipal Income Fund's P/B ratio high or low?
- The P/B ratio of 1.00 is in line with its 5-year average of 0.92, near the high end of its 5-year range (0.55–1.15).
- What is the TTM average P/B ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The TTM average P/B ratio for NMS stock is 0.99.
- What is the 3Y average P/B ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 3Y average P/B ratio for NMS stock is 0.95.
- What is the 5Y average P/B ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
- The 5Y average P/B ratio for NMS stock is 0.95.
NMS PB Ratio History
| DATE | PB RATIO |
|---|---|
| 2026-06-26 | 1.00 |
| 2026-06-25 | 1.00 |
| 2026-06-24 | 1.00 |
| 2026-06-23 | 1.00 |
| 2026-06-22 | 1.00 |
| 2026-06-18 | 1.01 |
| 2026-06-17 | 1.00 |
| 2026-06-16 | 1.02 |
| 2026-06-15 | 1.03 |
| 2026-06-12 | 1.03 |
| 2026-06-11 | 1.03 |
| 2026-06-10 | 1.02 |
| 2026-06-09 | 1.02 |
| 2026-06-08 | 1.03 |
| 2026-06-05 | 1.03 |
| 2026-06-04 | 1.02 |
| 2026-06-03 | 1.02 |
| 2026-06-02 | 1.02 |
| 2026-06-01 | 1.02 |
| 2026-05-29 | 1.02 |
| 2026-05-28 | 1.02 |
| 2026-05-27 | 1.02 |
| 2026-05-26 | 1.02 |
| 2026-05-22 | 1.01 |
| 2026-05-21 | 1.02 |
| 2026-05-20 | 1.02 |
| 2026-05-19 | 1.01 |
| 2026-05-18 | 1.01 |
| 2026-05-15 | 1.01 |
| 2026-05-14 | 1.02 |
| 2026-05-13 | 1.02 |
| 2026-05-12 | 1.04 |
| 2026-05-11 | 1.04 |
| 2026-05-08 | 1.03 |
| 2026-05-07 | 1.03 |
| 2026-05-06 | 1.03 |
| 2026-05-05 | 1.02 |
| 2026-05-04 | 1.02 |
| 2026-05-01 | 1.02 |
| 2026-04-30 | 1.02 |
| 2026-04-29 | 1.01 |
| 2026-04-28 | 1.01 |
| 2026-04-27 | 1.02 |
| 2026-04-24 | 1.01 |
| 2026-04-23 | 1.01 |
| 2026-04-22 | 1.01 |
| 2026-04-21 | 1.01 |
| 2026-04-20 | 1.01 |
| 2026-04-17 | 1.01 |
| 2026-04-16 | 1.00 |
| 2026-04-15 | 1.01 |
| 2026-04-14 | 1.02 |
| 2026-04-13 | 1.02 |
| 2026-04-10 | 1.02 |
| 2026-04-09 | 1.02 |
| 2026-04-08 | 1.01 |
| 2026-04-07 | 1.01 |
| 2026-04-06 | 1.01 |
| 2026-04-02 | 1.01 |
| 2026-04-01 | 1.02 |
| 2026-03-31 | 1.02 |
| 2026-03-30 | 1.01 |
| 2026-03-27 | 0.99 |
| 2026-03-26 | 1.00 |
| 2026-03-25 | 1.01 |
| 2026-03-24 | 1.00 |
| 2026-03-23 | 1.00 |
| 2026-03-20 | 0.99 |
| 2026-03-19 | 1.00 |
| 2026-03-18 | 1.00 |
| 2026-03-17 | 1.00 |
| 2026-03-16 | 0.99 |
| 2026-03-13 | 0.99 |
| 2026-03-12 | 1.00 |
| 2026-03-11 | 1.00 |
| 2026-03-10 | 1.01 |
| 2026-03-09 | 1.00 |
| 2026-03-06 | 1.01 |
| 2026-03-05 | 1.01 |
| 2026-03-04 | 1.01 |
| 2026-03-03 | 1.01 |
| 2026-03-02 | 1.02 |
| 2026-02-27 | 1.02 |
| 2026-02-26 | 1.01 |
| 2026-02-25 | 1.01 |
| 2026-02-24 | 1.01 |
| 2026-02-23 | 1.01 |
| 2026-02-20 | 1.01 |
| 2026-02-19 | 1.01 |
| 2026-02-18 | 1.01 |
| 2026-02-17 | 1.01 |
| 2026-02-13 | 1.02 |
| 2026-02-12 | 1.01 |
| 2026-02-11 | 1.01 |
| 2026-02-10 | 1.01 |
| 2026-02-09 | 1.01 |
| 2026-02-06 | 1.01 |
| 2026-02-05 | 1.01 |
| 2026-02-04 | 1.00 |
| 2026-02-03 | 1.01 |
| 2026-02-02 | 1.01 |
| 2026-01-30 | 1.00 |
| 2026-01-29 | 1.00 |
| 2026-01-28 | 1.00 |
| 2026-01-27 | 1.00 |
| 2026-01-26 | 0.99 |
| 2026-01-23 | 0.99 |
| 2026-01-22 | 0.98 |
| 2026-01-21 | 0.98 |
| 2026-01-20 | 0.99 |
| 2026-01-16 | 0.99 |
| 2026-01-15 | 0.99 |
| 2026-01-14 | 0.99 |
| 2026-01-13 | 0.99 |
| 2026-01-12 | 0.98 |
| 2026-01-09 | 0.98 |
| 2026-01-08 | 0.98 |
| 2026-01-07 | 0.98 |
| 2026-01-06 | 0.98 |
| 2026-01-05 | 0.98 |
| 2026-01-02 | 0.98 |
| 2025-12-31 | 0.98 |
| 2025-12-30 | 0.99 |
| 2025-12-29 | 0.98 |
| 2025-12-26 | 0.99 |
| 2025-12-24 | 0.99 |
| 2025-12-23 | 0.99 |
| 2025-12-22 | 0.99 |
| 2025-12-19 | 0.99 |
| 2025-12-18 | 0.99 |
| 2025-12-17 | 0.99 |
| 2025-12-16 | 0.99 |
| 2025-12-15 | 0.99 |
| 2025-12-12 | 1.00 |
| 2025-12-11 | 1.00 |
| 2025-12-10 | 1.00 |
| 2025-12-09 | 1.00 |
| 2025-12-08 | 0.99 |
| 2025-12-05 | 1.00 |
| 2025-12-04 | 1.00 |
| 2025-12-03 | 1.00 |
| 2025-12-02 | 1.00 |
| 2025-12-01 | 1.00 |
| 2025-11-28 | 1.00 |
| 2025-11-26 | 1.00 |
| 2025-11-25 | 1.00 |
| 2025-11-24 | 0.99 |
| 2025-11-21 | 1.00 |
| 2025-11-20 | 1.00 |
| 2025-11-19 | 1.00 |
| 2025-11-18 | 1.00 |
| 2025-11-17 | 1.00 |
| 2025-11-14 | 1.00 |
| 2025-11-13 | 1.00 |
| 2025-11-12 | 1.00 |
| 2025-11-11 | 1.00 |
| 2025-11-10 | 0.99 |
| 2025-11-07 | 0.99 |
| 2025-11-06 | 1.00 |
| 2025-11-05 | 0.99 |
| 2025-11-04 | 0.99 |
| 2025-11-03 | 1.00 |
| 2025-10-31 | 1.00 |
| 2025-10-30 | 0.98 |
| 2025-10-29 | 0.98 |
| 2025-10-28 | 0.98 |
| 2025-10-27 | 0.98 |
| 2025-10-24 | 0.98 |
| 2025-10-23 | 0.98 |
| 2025-10-22 | 0.98 |
| 2025-10-21 | 0.99 |
| 2025-10-20 | 0.98 |
| 2025-10-17 | 0.98 |
| 2025-10-16 | 0.99 |
| 2025-10-15 | 0.99 |
| 2025-10-14 | 0.99 |
| 2025-10-13 | 0.98 |
| 2025-10-10 | 0.98 |
| 2025-10-09 | 0.97 |
| 2025-10-08 | 0.99 |
| 2025-10-07 | 0.98 |
| 2025-10-06 | 0.99 |
| 2025-10-03 | 0.99 |
| 2025-10-02 | 0.99 |
| 2025-10-01 | 0.99 |
| 2025-09-30 | 0.99 |
| 2025-09-29 | 0.99 |
| 2025-09-26 | 0.98 |
| 2025-09-25 | 0.99 |
| 2025-09-24 | 0.99 |
| 2025-09-23 | 0.99 |
| 2025-09-22 | 1.00 |
| 2025-09-19 | 0.99 |
| 2025-09-18 | 0.99 |
| 2025-09-17 | 0.98 |
| 2025-09-16 | 0.99 |
| 2025-09-15 | 0.98 |
| 2025-09-12 | 0.98 |
| 2025-09-11 | 0.98 |
| 2025-09-10 | 0.97 |
| 2025-09-09 | 0.96 |
| 2025-09-08 | 0.96 |
| 2025-09-05 | 0.95 |
| 2025-09-04 | 0.94 |
| 2025-09-03 | 0.95 |
| 2025-09-02 | 0.94 |
| 2025-08-29 | 0.95 |
| 2025-08-28 | 0.94 |
| 2025-08-27 | 0.94 |
| 2025-08-26 | 0.94 |
| 2025-08-25 | 0.94 |
| 2025-08-22 | 0.94 |
| 2025-08-21 | 0.93 |
| 2025-08-20 | 0.93 |
| 2025-08-19 | 0.93 |
| 2025-08-18 | 0.94 |
| 2025-08-15 | 0.95 |
| 2025-08-14 | 0.95 |
| 2025-08-13 | 0.94 |
| 2025-08-12 | 0.94 |
| 2025-08-11 | 0.94 |
| 2025-08-08 | 0.94 |
| 2025-08-07 | 0.94 |
| 2025-08-06 | 0.94 |
| 2025-08-05 | 0.95 |
| 2025-08-04 | 0.95 |
| 2025-08-01 | 0.95 |
| 2025-07-31 | 0.94 |
| 2025-07-30 | 0.93 |
| 2025-07-29 | 0.93 |
| 2025-07-28 | 0.93 |
| 2025-07-25 | 0.93 |
| 2025-07-24 | 0.93 |
| 2025-07-23 | 0.93 |
| 2025-07-22 | 0.93 |
| 2025-07-21 | 0.93 |
| 2025-07-18 | 0.93 |
| 2025-07-17 | 0.93 |
| 2025-07-16 | 0.94 |
| 2025-07-15 | 0.94 |
| 2025-07-14 | 0.95 |
| 2025-07-11 | 0.95 |
| 2025-07-10 | 0.95 |
| 2025-07-09 | 0.95 |
| 2025-07-08 | 0.95 |
| 2025-07-07 | 0.95 |
| 2025-07-03 | 0.95 |
| 2025-07-02 | 0.95 |
| 2025-07-01 | 0.95 |
| 2025-06-30 | 0.95 |
| 2025-06-27 | 0.94 |
| 2025-06-26 | 0.94 |
| 2025-06-25 | 0.94 |
| 2025-06-24 | 0.94 |
| 2025-06-23 | 0.94 |
| 2025-06-20 | 0.95 |
| 2025-06-18 | 0.94 |
| 2025-06-17 | 0.94 |
| 2025-06-16 | 0.94 |
| 2025-06-13 | 0.94 |
Showing the most recent 260 of 1,778 data points. The chart above shows the full history.
Related Metrics
About Nuveen Minnesota Quality Municipal Income Fund
The Nuveen Minnesota Quality Municipal Income Fund (NMS) operates as a closed-end mutual fund, focusing on fixed income assets, initially launched by Nuveen Investments, Inc. Its management responsibilities are jointly handled by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund primarily allocates its capital within the fixed income markets across the United States. A core part of its strategy involves investing in investment-grade municipal bonds that provide exemptions from regular federal and Minnesota personal income taxes. To ensure quality, the fund targets securities with a credit rating of at least Baa/BBB or better, as assessed by S&P, Moody's, or Fitch. This fund, formerly recognized as the Nuveen Minnesota Municipal Income Fund, was established on June 25, 1993, and is domiciled in the United States.
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Christopher L. Drahn