As of today (2024-04-23), Major Drilling Group International's share price is $7.1404. Major Drilling Group International's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $4.14. Hence, Major Drilling Group International's Price to Tangible Book Ratio of today is 1.72.
The historical rank and industry rank for Major Drilling Group International's Price-to-Tangible-Book or its related term are showing as below:
MJDLF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83 Med: 1.65 Max: 2.89
Current: 1.72
During the past 13 years, Major Drilling Group International's highest Price to Tangible Book Ratio was 2.89. The lowest was 0.83. And the median was 1.65.
MJDLF's Price-to-Tangible-Book is ranked worse than 59.87% of 2238
companies
in the Metals & Mining industry
Industry Median: 1.32
vs MJDLF: 1.72
A closely related ratio is called PB Ratio. As of today, Major Drilling Group International's share price is $7.1404. Major Drilling Group International's Book Value per Sharefor the quarter that ended in Oct. 2023 was $4.36. Hence, Major Drilling Group International's P/B Ratio of today is 1.64.
Major Drilling Group International Price-to-Tangible-Book Historical Data
The historical data trend for Major Drilling Group International'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 Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.
Major Drilling Group International Price-to-Tangible-Book Distribution
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International's Price-to-Tangible-Book falls into.
Major Drilling Group International Price-to-Tangible-Book Calculation
Major Drilling Group International's price-to-tangible-book ratio for today is calculated as:
* 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.
Major Drilling Group International Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Major Drilling Group International's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Major Drilling Group International (Major Drilling Group International) Business Description
Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which most of its revenue comes from Canada - the United States.
Major Drilling Group International (Major Drilling Group International) Headlines
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