MFS Municipalome Trust (MFS Municipalome Trust) Price-to-Tangible-Book : 0.97 (As of Apr. 27, 2024)

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What is MFS Municipalome Trust Price-to-Tangible-Book?

As of today (2024-04-27), MFS Municipalome Trust's share price is $5.08. MFS Municipalome Trust's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $5.26. Hence, MFS Municipalome Trust's Price to Tangible Book Ratio of today is 0.97.

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

MFM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84 Med: 0.89 Max: 0.97
Current: 0.97

During the past 7 years, MFS Municipalome Trust's highest Price to Tangible Book Ratio was 0.97. The lowest was 0.84. And the median was 0.89.

MFM's Price-to-Tangible-Book is ranked worse than
55.94% of 1625 companies
in the Asset Management industry
Industry Median: 0.94 vs MFM: 0.97

A closely related ratio is called PB Ratio. As of today, MFS Municipalome Trust's share price is $5.08. MFS Municipalome Trust's Book Value per Sharefor the quarter that ended in Oct. 2023 was $5.26. Hence, MFS Municipalome Trust's P/B Ratio of today is 0.97.

MFS Municipalome Trust Price-to-Tangible-Book Historical Data

The historical data trend for MFS Municipalome Trust'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.

MFS Municipalome Trust Price-to-Tangible-Book Chart

MFS Municipalome Trust Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.94

0.89

0.94

0.88

0.84

MFS Municipalome Trust Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Price-to-Tangible-Book	Get a 7-Day Free Trial								0.94	0.87	0.88	0.88	0.84

Competitive Comparison of MFS Municipalome Trust's Price-to-Tangible-Book

For the Asset Management subindustry, MFS Municipalome Trust'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.

MFS Municipalome Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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

MFS Municipalome Trust Price-to-Tangible-Book Calculation

MFS Municipalome Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	5.08	/	5.263
	=	0.97

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.

MFS Municipalome Trust Price-to-Tangible-Book Related Terms

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

MFS Municipalome Trust (MFS Municipalome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MFS Municipal Income Trust (NYSE:MFM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Huntington Avenue, Boston, MA, USA, 02199

Website

https://www.mfs.com

MFS Municipal Income Trust is a diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds.

Executives

Linda Dougherty	other: OFFICER OF ADVISOR	111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux	other: CHIEF COMPLIANCE OFFICER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael L Dawson	other: PORTFOLIO MANAGER	500 BOYLSTON STREET, BOSTON MA 02116
Robert J Manning	director	1201 THIRD AVE, STE 4900, SEATTLE WA 98101
Jpmorgan Chase Bank, N.a.	10 percent owner	1111 POLARIS PARKWAY, COLUMBUS OH 43240
Manjit Singh	director	111 HUNTINGTON AVENUE, BOSTON MA 02072
Jason Kosty	other: PORTFOLIO MANAGER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet	other: ADVISOR TO OFFICER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy	other: OFFICER OF ADVISOR	111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman	director	111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney	officer: Officer of Advisor	111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones	director	111 HUNTINGTON AVENUE, BOSTON MA 02199
Carol W. Geremia	officer: PRESIDENT	111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain	other: Officer of Advisor	MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Clarence Jr Otis	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036

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