Nuveen Minnesota Quality Municipal Income Fund logo
NMSNuveen Minnesota Quality Municipal Income Fund

Is the P/E ratio high or low?

The P/E ratio of 11.21 is 84% below its 5-year average of 70.15, near the low end of its 5-year range (9.23–196.88).

As of Monday, June 29, 2026. 0.51% below its 12-month average of 11.27.

PE Ratio (11.21) = Close Price ($12.00) / Diluted TTM EPS ($1.07)

PE Ratio

NMS PE Ratio Chart

11.21
+0.27% 1Y
NMS PE Ratio

NMS Average PE Ratio Chart

NMS PE Ratio

NMS Current vs Average PE Ratio Chart

NMS PE Ratio Metrics

PE RATIO

11.21

PE RATIO AVG TTM

11.27

PE RATIO AVG 3Y

11.27

PE RATIO AVG 5Y

70.15

PE RATIO AVG 10Y

N/A

PE RATIO AVG 15Y

N/A

PE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-0.51%

CURRENT VS 3Y AVG

-0.51%

CURRENT VS 5Y AVG

-84.02%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

NMS Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Nuveen Minnesota Quality Municipal Income Fund (NMS)$74.78M11.2111.2711.2770.15
Global X - MSCI Colombia ETF (COLO)vs ›$126.82MN/AN/AN/AN/A
CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)vs ›$5.89MN/AN/AN/AN/A
Blackrock 2037 Municipal Target Term Trust (BMN)vs ›$157.50MN/AN/AN/AN/A
DeFi Technologies Inc. (DEFT)vs ›$157.96M4.7718.5520.1120.11
The New Germany Fund, Inc. (GF)vs ›$186.66M5.255.2223.3415.33
Franklin Universal Trust (FT)vs ›$202.31M3.003.626.688.79
Isabella Bank Corporation (ISBA)vs ›$294.33M14.8217.3012.4111.87
BlackRock Floating Rate Income Trust (BGT)vs ›$313.76M9.6510.598.097.14
BlackRock Multi-Sector Income Trust (BIT)vs ›$529.65M7.1319.4619.4610.64

P/E vs. its own history

At 11.2, P/E is in its normal range, sitting higher than 51% of its 6-year history.

6-year low

5.8

median

11.2

6-year high

196.9

cheaperricher

P/E Comparison

Trailing P/E

11.2

Forward P/E

N/A

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
The P/E ratio for NMS stock is 11.21.
Is Nuveen Minnesota Quality Municipal Income Fund's P/E ratio high or low?
The P/E ratio of 11.21 is 84% below its 5-year average of 70.15, near the low end of its 5-year range (9.23–196.88).
What is the TTM average P/E ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
The TTM average P/E ratio for NMS stock is 11.27.
What is the 3Y average P/E ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
The 3Y average P/E ratio for NMS stock is 11.27.
What is the 5Y average P/E ratio for Nuveen Minnesota Quality Municipal Income Fund (NMS)?
The 5Y average P/E ratio for NMS stock is 70.15.

NMS PE Ratio History

DATEPE RATIO
2026-06-2611.21
2026-06-2511.22
2026-06-2411.21
2026-06-2311.21
2026-06-2211.21
2026-06-1811.36
2026-06-1711.23
2026-06-1611.42
2026-06-1511.53
2026-06-1211.52
2026-06-1111.52
2026-06-1011.48
2026-06-0911.45
2026-06-0811.53
2026-06-0511.52
2026-06-0411.47
2026-06-0311.44
2026-06-0211.42
2026-06-0111.42
2026-05-2911.43
2026-05-2811.43
2026-05-2711.44
2026-05-2611.47
2026-05-2211.36
2026-05-2111.38
2026-05-2011.39
2026-05-1911.31
2026-05-1811.26
2026-05-1511.27
2026-05-1411.46
2026-05-1311.48
2026-05-1211.63
2026-05-1111.65
2026-05-0811.56
2026-05-0711.52
2026-05-0611.53
2026-05-0511.41
2026-05-0411.39
2026-05-0111.43
2026-04-3011.40
2026-04-2911.36
2026-04-2811.30
2026-04-2711.38
2026-04-2411.33
2026-04-2311.28
2026-04-2211.34
2026-04-2111.30
2026-04-2011.30
2026-04-1711.32
2026-04-1611.21
2026-04-1511.35
2026-04-1411.39
2026-04-1311.38
2026-04-1011.38
2026-04-0911.41
2026-04-0811.36
2026-04-0711.31
2026-04-0611.34
2026-04-0211.35
2026-04-0111.37
2026-03-3111.39
2026-03-3011.27
2026-03-2711.10
2026-03-2611.21
2026-03-2511.31
2026-03-2411.19
2026-03-2311.21
2026-03-2011.14
2026-03-1911.15
2026-03-1811.19
2026-03-1711.16
2026-03-1611.14
2026-03-1311.09
2026-03-1211.21
2026-03-1111.22
2026-03-1011.26
2026-03-0911.24
2026-03-0611.29
2026-03-0511.29
2026-03-0411.31
2026-03-0311.35
2026-03-0211.37
2026-02-2711.40
2026-02-2611.31
2026-02-2511.36
2026-02-2411.33
2026-02-2311.31
2026-02-2011.35
2026-02-1911.36
2026-02-1811.33
2026-02-1711.30
2026-02-1311.37
2026-02-1211.30
2026-02-1111.30
2026-02-1011.30
2026-02-0911.32
2026-02-0611.31
2026-02-0511.29
2026-02-0411.23
2026-02-0311.30
2026-02-0211.31
2026-01-3011.25
2026-01-2911.19
2026-01-2811.18
2026-01-2711.15
2026-01-2611.10
2026-01-2311.05
2026-01-2211.01
2026-01-2111.02
2026-01-2011.07
2026-01-1611.07
2026-01-1511.08
2026-01-1411.13
2026-01-1311.07
2026-01-1211.01
2026-01-0911.01
2026-01-0810.95
2026-01-0710.95
2026-01-0610.95
2026-01-0510.94
2026-01-0210.95
2025-12-3110.95
2025-12-3011.05
2025-12-2910.99
2025-12-2611.04
2025-12-2411.07
2025-12-2311.05
2025-12-2211.07
2025-12-1911.09
2025-12-1811.13
2025-12-1711.12
2025-12-1611.10
2025-12-1511.14
2025-12-1211.20
2025-12-1111.17
2025-12-1011.16
2025-12-0911.16
2025-12-0811.14
2025-12-0511.20
2025-12-0411.21
2025-12-0311.21
2025-12-0211.16
2025-12-0111.18
2023-05-30137.13
2023-05-26136.38
2023-05-25136.00
2023-05-24136.13
2023-05-23137.50
2023-05-22138.50
2023-05-19139.00
2023-05-18139.38
2023-05-17139.25
2023-05-16139.50
2023-05-15139.38
2023-05-12141.13
2023-05-11141.75
2023-05-10142.13
2023-05-09141.88
2023-05-08142.63
2023-05-05143.75
2023-05-04142.88
2023-05-03143.13
2023-05-02144.50
2023-05-01144.00
2023-04-28144.63
2023-04-27143.88
2023-04-26144.63
2023-04-25144.13
2023-04-24144.50
2023-04-21144.13
2023-04-20144.00
2023-04-19144.38
2023-04-18145.50
2023-04-17147.25
2023-04-14146.25
2023-04-13148.38
2023-04-12151.00
2023-04-11149.88
2023-04-10150.25
2023-04-06151.00
2023-04-05150.88
2023-04-04150.63
2023-04-03150.50
2023-03-31151.25
2023-03-30149.88
2023-03-29149.25
2023-03-28149.75
2023-03-27149.13
2023-03-24148.88
2023-03-23148.75
2023-03-22148.38
2023-03-21148.25
2023-03-20150.00
2023-03-17149.75
2023-03-16149.63
2023-03-15149.13
2023-03-14148.38
2023-03-13148.75
2023-03-10148.25
2023-03-09147.75
2023-03-08147.00
2023-03-07147.25
2023-03-06147.88
2023-03-03150.00
2023-03-02146.38
2023-03-01145.25
2023-02-28147.75
2023-02-27148.38
2023-02-24148.25
2023-02-23148.13
2023-02-22147.25
2023-02-21148.13
2023-02-17149.75
2023-02-16151.38
2023-02-15151.63
2023-02-14152.75
2023-02-13154.00
2023-02-10153.75
2023-02-09153.75
2023-02-08154.38
2023-02-07154.50
2023-02-06154.75
2023-02-03154.38
2023-02-02153.63
2023-02-01153.50
2023-01-31152.50
2023-01-30151.13
2023-01-27151.00
2023-01-26150.38
2023-01-25152.75
2023-01-24153.38
2023-01-23152.75
2023-01-20153.50
2023-01-19151.25
2023-01-18150.63
2023-01-17149.13
2023-01-13149.00
2023-01-12148.75
2023-01-11147.75
2023-01-10145.75
2023-01-09146.88
2023-01-06145.75
2023-01-05144.50
2023-01-04144.50
2023-01-03143.13
2022-12-30140.63
2022-12-29141.00
2022-12-28141.38
2022-12-27140.38
2022-12-23142.25
2022-12-22142.88
2022-12-21143.63
2022-12-20144.63
2022-12-19144.63
2022-12-16145.88
2022-12-15146.13
2022-12-14145.25
2022-12-13146.50
2022-12-12145.38
2022-12-09145.75

Showing the most recent 260 of 771 data points. The chart above shows the full history.

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.

Chicago, IL
Financial Services / Asset Management - Income
Sector
Financial Services
Industry
Asset Management - Income
CEO
Christopher L. Drahn