Mercantile Investment Trust (The) (LSE:MRC) Price-to-Tangible-Book : 1.04 (As of May. 25, 2024)

Mercantile Investment Trust (The) Price-to-Tangible-Book Chart

Mercantile Investment Trust (The) Annual Data
	Trend	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23	Jan24
Price-to-Tangible-Book		Get a 7-Day Free Trial					0.95	0.92	0.88	0.89	0.90

Mercantile Investment Trust (The) Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.88	0.87	0.89	0.88	0.90

Competitive Comparison of Mercantile Investment Trust (The)'s Price-to-Tangible-Book

For the Asset Management subindustry, Mercantile Investment Trust (The)'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.

Mercantile Investment Trust (The)'s Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercantile Investment Trust (The)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mercantile Investment Trust (The)'s Price-to-Tangible-Book falls into.

Mercantile Investment Trust (The) Price-to-Tangible-Book Calculation

Mercantile Investment Trust (The)'s price-to-tangible-book ratio for today is calculated as:

* 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 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.

Mercantile Investment Trust (The) Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Mercantile Investment Trust (The)'s Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Mercantile Investment Trust (The) (LSE:MRC) Business Description