Middlefield Canadianome PCC (LSE:MCT) Price-to-Tangible-Book : 1.46 (As of May. 27, 2024)

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What is Middlefield Canadianome PCC Price-to-Tangible-Book?

As of today (2024-05-27), Middlefield Canadianome PCC's share price is £1.095. Middlefield Canadianome PCC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.75. Hence, Middlefield Canadianome PCC's Price to Tangible Book Ratio of today is 1.46.

The historical rank and industry rank for Middlefield Canadianome PCC's Price-to-Tangible-Book or its related term are showing as below:

LSE:MCT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.88 Med: 1.35 Max: 1.64
Current: 1.46

During the past 8 years, Middlefield Canadianome PCC's highest Price to Tangible Book Ratio was 1.64. The lowest was 0.88. And the median was 1.35.

LSE:MCT's Price-to-Tangible-Book is ranked worse than
81.45% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:MCT: 1.46

A closely related ratio is called PB Ratio. As of today, Middlefield Canadianome PCC's share price is £1.095. Middlefield Canadianome PCC's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.75. Hence, Middlefield Canadianome PCC's P/B Ratio of today is 1.46.

Middlefield Canadianome PCC Price-to-Tangible-Book Historical Data

The historical data trend for Middlefield Canadianome PCC'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.

Middlefield Canadianome PCC Price-to-Tangible-Book Chart

Middlefield Canadianome PCC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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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
Price-to-Tangible-Book	Get a 7-Day Free Trial											1.31	1.28	1.46	1.38	1.35

Competitive Comparison of Middlefield Canadianome PCC's Price-to-Tangible-Book

For the Asset Management subindustry, Middlefield Canadianome PCC'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.

Middlefield Canadianome PCC's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Middlefield Canadianome PCC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Middlefield Canadianome PCC's Price-to-Tangible-Book falls into.

Middlefield Canadianome PCC Price-to-Tangible-Book Calculation

Middlefield Canadianome PCC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.095	/	0.749
	=	1.46

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.

Middlefield Canadianome PCC Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Middlefield Canadianome PCC's Price-to-Tangible-Book 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 » Price-to-Tangible-Book

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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