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Manitex Capital (TSXV:MNX) PB Ratio : 0.33 (As of May. 29, 2024)


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What is Manitex Capital 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 (2024-05-29), Manitex Capital's share price is C$0.25. Manitex Capital's Book Value per Share for the quarter that ended in Jan. 2024 was C$0.76. Hence, Manitex Capital's PB Ratio of today is 0.33.

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

TSXV:MNX' s PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.48   Max: 2.38
Current: 0.3

During the past 13 years, Manitex Capital's highest PB Ratio was 2.38. The lowest was 0.11. And the median was 0.48.

TSXV:MNX's PB Ratio is ranked better than
97.1% of 1689 companies
in the Asset Management industry
Industry Median: 0.94 vs TSXV:MNX: 0.30

During the past 12 months, Manitex Capital's average Book Value Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -22.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Manitex Capital was 48.90% per year. The lowest was -33.30% per year. And the median was 2.65% per year.

Back to Basics: PB Ratio


Manitex Capital PB Ratio Historical Data

The historical data trend for Manitex Capital'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.

Manitex Capital PB Ratio Chart

Manitex Capital Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.47 0.57 0.68 0.31

Manitex Capital Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.86 0.72 0.31 0.30

Competitive Comparison of Manitex Capital's PB Ratio

For the Asset Management subindustry, Manitex Capital'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.


Manitex Capital's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Manitex Capital's PB Ratio falls into.



Manitex Capital 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.

Manitex Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=0.25/0.759
=0.33

* 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.

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

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.


Manitex Capital  (TSXV:MNX) 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.


Manitex Capital PB Ratio Related Terms

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


Manitex Capital (TSXV:MNX) Business Description

Traded in Other Exchanges
N/A
Address
16667 Hymus Boulevard, Kirkland, QC, CAN, H9H 4R9
Manitex Capital Inc acquires interests in emerging and established companies in diversified sectors including life sciences, cleantech and sustainable products/technologies. It operates through the investment segment.
Executives
Steve Saviuk Director, Director or Senior Officer of 10% Security Holder, Senior Officer

Manitex Capital (TSXV:MNX) Headlines

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