MINTome Fund (MINTome Fund) PB Ratio : 1.29 (As of May. 11, 2024)

View and export this data going back to 2010. Start your Free Trial

What is MINTome Fund 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 (2024-05-11), MINTome Fund's share price is $5.6522. MINTome Fund's Book Value per Share for the quarter that ended in Dec. 2023 was $4.38. Hence, MINTome Fund's PB Ratio of today is 1.29.

Warning Sign:

MINT Income Fund stock PB Ratio (=1.16) is close to 10-year high of 1.24

The historical rank and industry rank for MINTome Fund's PB Ratio or its related term are showing as below:

MICFF' s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 0.97 Max: 1.24
Current: 1.16

During the past 13 years, MINTome Fund's highest PB Ratio was 1.24. The lowest was 0.72. And the median was 0.97.

MICFF's PB Ratio is ranked worse than
76.27% of 1690 companies
in the Asset Management industry
Industry Median: 0.95 vs MICFF: 1.16

During the past 12 months, MINTome Fund's average Book Value Per Share Growth Rate was -13.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MINTome Fund was 73.30% per year. The lowest was -31.50% per year. And the median was -5.30% per year.

Back to Basics: PB Ratio

MINTome Fund PB Ratio Historical Data

The historical data trend for MINTome Fund'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.

MINTome Fund PB Ratio Chart

MINTome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.15

1.31

1.06

1.14

1.29

MINTome Fund Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.06	1.01	1.14	1.11	1.29

Competitive Comparison of MINTome Fund's PB Ratio

For the Asset Management subindustry, MINTome Fund'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.

MINTome Fund's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where MINTome Fund's PB Ratio falls into.

MINTome Fund 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.

MINTome Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	5.6522	/	4.377
	=	1.29

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.

MINTome Fund (GREY:MICFF) 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.

MINTome Fund PB Ratio Related Terms

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

MINTome Fund (MINTome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MINT Income Fund (GREY:MICFF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

MID.UN:Canada

Address

First Canadian Place, 58th Floor, P.O. Box 192, Toronto, ON, CAN, M5X 1A6

Website

https://www.middlefield.com

MINT Income Fund is a closed-end investment trust. The fund's investment objectives are to produce a high level of sustainable income and to minimize the risk of investing in high-income securities on a cost-effective basis. Primarily, it invests in a diversified portfolio of securities consisting of the equity of issuers operating in various industries and geographic regions. Additionally, the fund invests in various sectors, including real estate, financials, pipelines, industrials, healthcare, energy, consumer discretionary, preferred shares, corporate debt, consumer staples, technology, utilities, and metals and mining.

MINTome Fund (MINTome Fund) Headlines

From GuruFocus

MINT Income Fund Distributions

By GlobeNewswire • 07-19-2023