Nuveen California Select Tax-Free Income Portfolio (NXC) P/E Ratio History
Historical price-to-earnings valuation from 2013 to 2024
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NXC Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 9, 2026, Nuveen California Select Tax-Free Income Portfolio (NXC) trades at a price-to-earnings ratio of 38.0x, with a stock price of $13.29 and trailing twelve-month earnings per share of $1.18.
The current P/E is 170% above its 5-year average of 14.1x. Over the past five years, NXC's P/E has ranged from a low of 6.4x to a high of 59.8x, placing the current valuation at the 95th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.3x, NXC trades at a 187% premium to its sector peers. The sector includes 776 companies with P/E ratios ranging from 0.0x to 197.4x.
Relative to the broader market, NXC commands a significant premium over the S&P 500 median P/E of 24.9x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our NXC DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
NXC P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $168B | 25.8 | 3.18 | +15% | |
| $23B | 11.4Lowest | - | +1% | |
| $16B | 34.1 | - | +7% | |
| $307B | 24.3 | 2.73Best | +53%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
NXC Historical P/E Data (2013–2024)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q4 | Fri Feb 28 2025 00:00:00 GM | $13.15 | $1.15 | 11.4x | -19% |
| FY2024 Q2 | Sat Aug 31 2024 00:00:00 GM | $13.66 | $1.05 | 13.1x | -7% |
| FY2021 Q4 | Mon Feb 28 2022 00:00:00 GM | $14.81 | $0.92 | 16.1x | +14% |
| FY2021 Q2 | $15.76 | $1.09 | 14.5x | +3% | |
| FY2020 Q4 | Wed Mar 31 2021 00:00:00 GM | $16.29 | $1.66 | 9.8x | -30% |
| FY2020 Q2 | Wed Sep 30 2020 00:00:00 GM | $16.01 | $1.99 | 8.0x | -43% |
| FY2019 Q4 | $14.50 | $1.43 | 10.1x | -28% | |
| FY2019 Q2 | Mon Sep 30 2019 00:00:00 GM | $15.72 | $1.48 | 10.6x | -25% |
| FY2018 Q4 | Sun Mar 31 2019 00:00:00 GM | $14.12 | $1.34 | 10.5x | -25% |
| FY2018 Q2 | Sun Sep 30 2018 00:00:00 GM | $13.99 | $0.23 | 59.8x | +325% |
| FY2017 Q4 | Sat Mar 31 2018 00:00:00 GM | $13.90 | $0.67 | 20.7x | +47% |
| FY2017 Q2 | Sat Sep 30 2017 00:00:00 GM | $15.58 | $1.38 | 11.3x | -20% |
Average P/E for displayed period: 14.1x
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Start ComparisonNXC — Frequently Asked Questions
Quick answers to the most common questions about buying NXC stock.
Is NXC stock overvalued or undervalued?
NXC trades at 38.0x P/E, above its 5-year average of 14.1x. The 95th percentile ranking indicates a premium to historical valuation.
How does NXC's valuation compare to peers?
Nuveen California Select Tax-Free Income Portfolio P/E of 38.0x compares to sector median of 13.3x. The premium reflects expected growth above peers.
What is NXC's PEG ratio?
NXC PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2013-2024.