I'm considering investing in a mutual fund or an ETF, and I've heard about the price to NAV ratio. I want to know what a good price to NAV ratio is so that I can make an informed investment decision.
5 answers
EnchantedSeeker
Thu Jan 02 2025
Conversely, a price/NAV ratio below 1 suggests that the stock is trading at a discount to its NAV.
HanRiverVision
Thu Jan 02 2025
NAV can be calculated on a per-share basis. This allows for a direct comparison with the stock price.
MysticEchoFirefly
Thu Jan 02 2025
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Andrea
Thu Jan 02 2025
By comparing NAV per share to the stock price, an investor can derive the price/NAV ratio.
GangnamGlitz
Thu Jan 02 2025
A price/NAV ratio above 1 indicates that the stock is trading at a premium to its NAV.