MTI Wireless Edge (LSE:MWE) Price-to-Tangible-Book : 2.16 (As of May. 12, 2024)

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What is MTI Wireless Edge Price-to-Tangible-Book?

As of today (2024-05-12), MTI Wireless Edge's share price is £0.425. MTI Wireless Edge's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was £0.20. Hence, MTI Wireless Edge's Price to Tangible Book Ratio of today is 2.16.

The historical rank and industry rank for MTI Wireless Edge's Price-to-Tangible-Book or its related term are showing as below:

LSE:MWE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4 Med: 1.32 Max: 3.68
Current: 1.93

During the past 13 years, MTI Wireless Edge's highest Price to Tangible Book Ratio was 3.68. The lowest was 0.40. And the median was 1.32.

LSE:MWE's Price-to-Tangible-Book is ranked better than
54.02% of 2303 companies
in the Hardware industry
Industry Median: 2.07 vs LSE:MWE: 1.93

A closely related ratio is called PB Ratio. As of today, MTI Wireless Edge's share price is £0.425. MTI Wireless Edge's Book Value per Sharefor the quarter that ended in Jun. 2023 was £0.23. Hence, MTI Wireless Edge's P/B Ratio of today is 1.84.

MTI Wireless Edge Price-to-Tangible-Book Historical Data

The historical data trend for MTI Wireless Edge'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.

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MTI Wireless Edge Price-to-Tangible-Book Chart

MTI Wireless Edge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.14

3.68

3.61

2.58

1.58

MTI Wireless Edge Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.21	2.58	2.30	2.26	1.58

Competitive Comparison of MTI Wireless Edge's Price-to-Tangible-Book

For the Communication Equipment subindustry, MTI Wireless Edge'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.

MTI Wireless Edge's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MTI Wireless Edge's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where MTI Wireless Edge's Price-to-Tangible-Book falls into.

MTI Wireless Edge Price-to-Tangible-Book Calculation

MTI Wireless Edge's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.425	/	0.197
	=	2.16

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.

MTI Wireless Edge Price-to-Tangible-Book Related Terms

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

MTI Wireless Edge (LSE:MWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MTI Wireless Edge Ltd (LSE:MWE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

M7O:Germany

Address

11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121

Website

https://www.mtiwirelessedge.com

MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.