Matrix Composites & Engineering (ASX:MCE) Price-to-Tangible-Book : 3.20 (As of Jun. 03, 2024)

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What is Matrix Composites & Engineering Price-to-Tangible-Book?

As of today (2024-06-03), Matrix Composites & Engineering's share price is A$0.33. Matrix Composites & Engineering's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.10. Hence, Matrix Composites & Engineering's Price to Tangible Book Ratio of today is 3.20.

The historical rank and industry rank for Matrix Composites & Engineering's Price-to-Tangible-Book or its related term are showing as below:

ASX:MCE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3 Med: 0.48 Max: 5.18
Current: 3.3

During the past 13 years, Matrix Composites & Engineering's highest Price to Tangible Book Ratio was 5.18. The lowest was 0.30. And the median was 0.48.

ASX:MCE's Price-to-Tangible-Book is ranked worse than
77.05% of 1503 companies
in the Construction industry
Industry Median: 1.34 vs ASX:MCE: 3.30

A closely related ratio is called PB Ratio. As of today, Matrix Composites & Engineering's share price is A$0.33. Matrix Composites & Engineering's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.11. Hence, Matrix Composites & Engineering's P/B Ratio of today is 3.08.

Matrix Composites & Engineering Price-to-Tangible-Book Historical Data

The historical data trend for Matrix Composites & Engineering's Price-to-Tangible-Book 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.

Matrix Composites & Engineering Price-to-Tangible-Book Chart

Matrix Composites & Engineering Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.36

0.55

2.37

Matrix Composites & Engineering Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	5.18	2.37	3.35

Competitive Comparison of Matrix Composites & Engineering's Price-to-Tangible-Book

For the Engineering & Construction subindustry, Matrix Composites & Engineering's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Matrix Composites & Engineering's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Matrix Composites & Engineering's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Matrix Composites & Engineering's Price-to-Tangible-Book falls into.

Matrix Composites & Engineering Price-to-Tangible-Book Calculation

Matrix Composites & Engineering's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.33	/	0.103
	=	3.20

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Matrix Composites & Engineering Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Matrix Composites & Engineering's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Matrix Composites & Engineering (ASX:MCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Matrix Composites & Engineering Ltd (ASX:MCE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

8ME:Germany

Address

150 Quill Way, Henderson, Perth, WA, AUS, 6166

Website

https://www.matrixengineered.com

Matrix Composites & Engineering Ltd is a manufacturer of engineered products and service for the offshore oil and gas, civil and infrastructure, and defence industry. The group is also involved in the businesses of manufacturing and supplying capital drilling equipment, consisting of syntactic foam buoyancy; manufacture and supply of subsea umbilical risers and flowline (SURF) ancillary equipment and associated services; and manufacture and supply of well construction products, including centralizers and conductors. Its products consist of buoyancy systems, epoxy resin systems, energy absorption systems, reinforced thermoplastics and others. It operates in Australia and internationally.

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