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MINTome Fund (MINTome Fund) Price-to-Tangible-Book : 1.29 (As of May. 10, 2024)


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What is MINTome Fund Price-to-Tangible-Book?

As of today (2024-05-10), MINTome Fund's share price is $5.6522. MINTome Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.38. Hence, MINTome Fund's Price to Tangible Book Ratio of today is 1.29.

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

MICFF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95   Med: 0.97   Max: 1.16
Current: 1.16

During the past 13 years, MINTome Fund's highest Price to Tangible Book Ratio was 1.16. The lowest was 0.95. And the median was 0.97.

MICFF's Price-to-Tangible-Book is ranked worse than
75.77% of 1622 companies
in the Asset Management industry
Industry Median: 0.96 vs MICFF: 1.16

A closely related ratio is called PB Ratio. As of today, MINTome Fund's share price is $5.6522. MINTome Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.38. Hence, MINTome Fund's P/B Ratio of today is 1.29.


MINTome Fund Price-to-Tangible-Book Historical Data

The historical data trend for MINTome Fund'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.

MINTome Fund Price-to-Tangible-Book Chart

MINTome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.31 1.06 1.14 1.29

MINTome Fund 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 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 1.06 1.01 1.14 1.11 1.29

Competitive Comparison of MINTome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, MINTome Fund'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.


MINTome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where MINTome Fund's Price-to-Tangible-Book falls into.



MINTome Fund Price-to-Tangible-Book Calculation

MINTome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.6522/4.377
=1.29

* 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.


MINTome Fund Price-to-Tangible-Book Related Terms

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


MINTome Fund (MINTome Fund) Business Description

Traded in Other Exchanges
Address
First Canadian Place, 58th Floor, P.O. Box 192, Toronto, ON, CAN, M5X 1A6
MINT Income Fund is a closed-end investment trust. The fund's investment objectives are to produce a high level of sustainable income and to minimize the risk of investing in high-income securities on a cost-effective basis. Primarily, it invests in a diversified portfolio of securities consisting of the equity of issuers operating in various industries and geographic regions. Additionally, the fund invests in various sectors, including real estate, financials, pipelines, industrials, healthcare, energy, consumer discretionary, preferred shares, corporate debt, consumer staples, technology, utilities, and metals and mining.

MINTome Fund (MINTome Fund) Headlines

From GuruFocus

MINT Income Fund Distributions

By GlobeNewswire 07-19-2023