
NKX P/E Ratio
P/E Ratio as of Nov 3, 2025: 37.36
Average36.56
Median36.55
Minimum35.99
Maximum37.36
37.36
Past Month+0.32 (0.86%)
The P/E ratio for NKX is 37.36 as of Nov 3, 2025. This represents a increase of 33.19% compared to its 12-month average P/E ratio of 28.05. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.
Nuveen California AMT-Free Quality Municipal Income Fund P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
Nuveen California AMT-Free Quality Municipal Income Fund’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Nuveen California AMT-Free Quality Municipal Income Fund to industry peers.
Nuveen California AMT-Free Quality Municipal Income Fund P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
Nuveen California AMT-Free Quality Municipal Income Fund’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing Nuveen California AMT-Free Quality Municipal Income Fund to industry peers.
NKX P/E Ratio Insights
See Nuveen California AMT-Free Quality Municipal Income Fund’s latest P/E ratio, historical trends, and valuation insights with AI-powered fundamental data and custom analysis.
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NKX P/E Ratio Historic Data
| Date | Stock price | P/E ratio |
|---|---|---|
| Nov 3, 2025 | $12.92 | 37.36 |
| Oct 1, 2025 | $12.78 | 36.96 |
| Sep 2, 2025 | $11.80 | 34.12 |
| Aug 1, 2025 | $11.64 | 33.66 |
| Jul 1, 2025 | $11.77 | 34.04 |
| Jun 2, 2025 | $11.77 | 34.04 |
| May 1, 2025 | $12.14 | 20.13 |
| Apr 1, 2025 | $12.62 | 20.92 |
| Mar 3, 2025 | $13.05 | 21.63 |
| Feb 3, 2025 | $12.79 | 21.20 |
| Jan 2, 2025 | $12.80 | 21.22 |
NKX End of Year P/E Ratio
| Date | P/E ratio | Change |
|---|---|---|
| 2025 | 37.36 | +78.33% |
| 2024 | 20.95 | -152.02% |
| 2023 | -40.27 | +749.58% |
| 2022 | -4.74 | -125.90% |
| 2021 | 18.30 | -32.67% |
| 2020 | 27.18 | — |
FAQs About Nuveen California AMT-Free Quality Municipal Income Fund (NKX) P/E ratio
The latest P/E ratio of NKX is 37.36, as of Nov 3, 2025. This is calculated based on its current stock price and earnings per share (EPS).
Nuveen California AMT-Free Quality Municipal Income Fund’s last 12-month average P/E ratio is 28.05, compared to its current P/E ratio of 37.36. This reflects a increase of 33.19%.
Nuveen California AMT-Free Quality Municipal Income Fund’s current P/E ratio of 37.36 is higher than its last 12-month average P/E of 28.05. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.
Nuveen California AMT-Free Quality Municipal Income Fund’s average P/E ratio over the last 3 years is 5.32. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.
Nuveen California AMT-Free Quality Municipal Income Fund’s average P/E ratio over the last 5 years is -12.71. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.