As of today (2024-04-23), Minerals Technologies's share price is $72.18. Minerals Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.66. Hence, Minerals Technologies's Price to Tangible Book Ratio of today is 4.61.
The historical rank and industry rank for Minerals Technologies's Price-to-Tangible-Book or its related term are showing as below:
MTX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.54 Med: 5.3 Max: 115.47
Current: 4.61
During the past 13 years, Minerals Technologies's highest Price to Tangible Book Ratio was 115.47. The lowest was 4.54. And the median was 5.30.
MTX's Price-to-Tangible-Book is ranked worse than 83.56% of 1490
companies
in the Chemicals industry
Industry Median: 1.74
vs MTX: 4.61
A closely related ratio is called PB Ratio. As of today, Minerals Technologies's share price is $72.18. Minerals Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $50.98. Hence, Minerals Technologies's P/B Ratio of today is 1.42.
Minerals Technologies Price-to-Tangible-Book Historical Data
The historical data trend for Minerals Technologies'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.
For the Specialty Chemicals subindustry, Minerals Technologies'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.
Minerals Technologies Price-to-Tangible-Book Distribution
For the Chemicals industry and Basic Materials sector, Minerals Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Minerals Technologies's Price-to-Tangible-Book falls into.
* 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.
Minerals Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Minerals Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Minerals Technologies (Minerals Technologies) Business Description
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MTX has been successfully added to your 