Middlefield Canadianome PCC (LSE:MCT) PB Ratio : 1.46 (As of May. 27, 2024)

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What is Middlefield Canadianome PCC PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-27), Middlefield Canadianome PCC's share price is £1.095. Middlefield Canadianome PCC's Book Value per Share for the quarter that ended in Dec. 2023 was £0.75. Hence, Middlefield Canadianome PCC's PB Ratio of today is 1.46.

The historical rank and industry rank for Middlefield Canadianome PCC's PB Ratio or its related term are showing as below:

LSE:MCT' s PB Ratio Range Over the Past 10 Years
Min: 0.74 Med: 1.24 Max: 2.17
Current: 1.46

During the past 8 years, Middlefield Canadianome PCC's highest PB Ratio was 2.17. The lowest was 0.74. And the median was 1.24.

LSE:MCT's PB Ratio is ranked worse than
82.7% of 1688 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:MCT: 1.46

During the past 12 months, Middlefield Canadianome PCC's average Book Value Per Share Growth Rate was -8.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Middlefield Canadianome PCC was 10.00% per year. The lowest was -21.20% per year. And the median was -2.10% per year.

Back to Basics: PB Ratio

Middlefield Canadianome PCC PB Ratio Historical Data

The historical data trend for Middlefield Canadianome PCC's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Middlefield Canadianome PCC PB Ratio Chart

Middlefield Canadianome PCC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.43

1.64

1.31

1.46

1.35

Middlefield Canadianome PCC Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial											1.31	1.28	1.46	1.38	1.35

Competitive Comparison of Middlefield Canadianome PCC's PB Ratio

For the Asset Management subindustry, Middlefield Canadianome PCC's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Middlefield Canadianome PCC's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Middlefield Canadianome PCC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Middlefield Canadianome PCC's PB Ratio falls into.

Middlefield Canadianome PCC PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Middlefield Canadianome PCC's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.095	/	0.749
	=	1.46

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Middlefield Canadianome PCC (LSE:MCT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Middlefield Canadianome PCC PB Ratio Related Terms

Thank you for viewing the detailed overview of Middlefield Canadianome PCC's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Middlefield Canadianome PCC (LSE:MCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Middlefield Canadian Income PCC (LSE:MCT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

MCTl:UK

Address

28 Esplanade, St Helier, JEY, JE2 3QA

Website

https://www.middlefield.co.uk/mcit.htm

Middlefield Canadian Income PCC is a closed-ended fund. Its investment objective is to provide shareholders with a high level of dividends and capital growth over the longer term. The fund intends to pay dividends on a quarterly basis each year. It intends to achieve its investment objective by investing predominantly in the securities of companies and REITs domiciled in Canada and listed on the Canadian Stock Exchange. It invests in various market sectors, of which the major share is invested in Real Estate, Financials, Utilities, Pipelines, and Technology sectors.

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