Nuveen AMT-Free Quality Municipal Income Fund (NEA) has a P/E ratio of 13.1, below the sector sector average of 25.13.
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+ Follow13.10
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, NEA shows a P/E ratio of 13.1. That is below the sector sector average of 25.13. Scroll down for historical charts and peer comparison views.
The its sector sector average P/E ratio is about 25.13. Nuveen AMT-Free Quality Municipal Income Fund is at 13.1, which is lower that average. That is roughly 47.9% below the sector mean. Use the comparison chart on this page to see how NEA stacks up against individual peers as well.
Investors watch NEA's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Nuveen AMT-Free Quality Municipal Income Fund's latest reading is 13.1. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Nuveen AMT-Free Quality Municipal Income Fund's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 13.1) with ownership activity and broader fundamentals.