Nuveen Connecticut Dividend Advantage Municipal Fund (NFC)

14.52 +0.01  +0.07%  May 30, 8:00PM Go Pro
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Nuveen Connecticut Dividend Advantage Municipal Fund Price / Book Value

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About Price to Book Ratio

The price to book value is a financial ratio used to compare a company's book value to its current market price. Book value is an accounting term denoting the portion of the company held by the shareholders at accounting value (not market value). In other words, book value is the company's total tangible assets less its total liabilities.

The ratio has two calculation methods. In the first way, the company's market capitalization is divided by the company's total book value from its balance sheet. The second way, using per-share values, is to divide the company's current share price by the book value per share. In general, a low price to book value indicates that a stock is undervalued and thus more desirable.

In theory, if you purchased stock with a price to book value less than 1 and the company immediately went bankrupt, you would gain money on your investment. In reality, this may not be true since there are times when liquidation value, or the price at which a company's assets can be sold, is less than the book value of those assets.
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NFC News

I need all the ones that horizon Alerted recently that im currently stuck in way down $RCON $AMRI $NFC $SINO and more to go up a lot
about 27 days ago by epime7heus
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Jun 03, 12:55PM Fortune

Recent Quotes

Symbol Price Chg Chg % Market Cap
NFC 14.52 +0.01 +0.07%
NATH 24.29 +0.17 +0.70% 104.92M
NAT 12.80 -0.58 -4.33% 708.07M
NASB 15.50 -0.98 -5.95% 129.70M
NANX 0.283 -0.05 -14.96%
NANO 15.38 +0.48 +3.22% 348.81M
NAK 2.70 +0.01 +0.37% 255.55M
NAII 7.500 -0.00 -0.00% 52.28M
NAI 10.03 -0.13 -1.28%
NAGS 10.69 -0.47 -4.21%
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