MMTEC (MTC) Price-to-Tangible-Book : 0.64 (As of May. 30, 2024)

View and export this data going back to 2019. Start your Free Trial

What is MMTEC Price-to-Tangible-Book?

As of today (2024-05-30), MMTEC's share price is $0.395. MMTEC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.61. Hence, MMTEC's Price to Tangible Book Ratio of today is 0.64.

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

MTC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42 Med: 1.63 Max: 11.35
Current: 0.65

During the past 8 years, MMTEC's highest Price to Tangible Book Ratio was 11.35. The lowest was 0.42. And the median was 1.63.

MTC's Price-to-Tangible-Book is ranked better than
95.3% of 2086 companies
in the Software industry
Industry Median: 3.51 vs MTC: 0.65

A closely related ratio is called PB Ratio. As of today, MMTEC's share price is $0.395. MMTEC's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.61. Hence, MMTEC's P/B Ratio of today is 0.64.

MMTEC Price-to-Tangible-Book Historical Data

The historical data trend for MMTEC'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.

MMTEC Price-to-Tangible-Book Chart

MMTEC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

8.49

11.35

1.55

0.42

1.63

MMTEC Semi-Annual Data
	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										1.55	0.89	0.42	-	1.63

Competitive Comparison of MMTEC's Price-to-Tangible-Book

For the Software - Application subindustry, MMTEC'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.

MMTEC's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, MMTEC's Price-to-Tangible-Book distribution charts can be found below:

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

MMTEC Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.395	/	0.614
	=	0.64

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.

MMTEC Price-to-Tangible-Book Related Terms

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

MMTEC (MTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MMTEC Inc (NAS:MTC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o MM Future Technology Limited, 308 Des Voeux Road Central, Room 2302, 23rd Floor, FWD Financial Center, Sheung Wan, HKG

Website

https://www.haisc.com

MMTEC Inc provides Internet-based technology services and solutions to the Chinese language speaking hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms engaging in securities market transactions and settlements globally. It offers complete suite trading solutions, including services such as fund establishment, issuance, custody, transaction, and settlement. The Company currently has two operating segments, Gujia, MM Future, MMBD Advisory and HC Securities, and MM Global. It generates maximum revenue from the Gujia segment. Gujia segment provides market data services and investor relations management services to customers in China.