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MFF Capital Investments (ASX:MFF) PB Ratio : 1.13 (As of May. 26, 2024)


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What is MFF Capital Investments PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-26), MFF Capital Investments's share price is A$3.51. MFF Capital Investments's Book Value per Share for the quarter that ended in Dec. 2023 was A$3.11. Hence, MFF Capital Investments's PB Ratio of today is 1.13.

The historical rank and industry rank for MFF Capital Investments's PB Ratio or its related term are showing as below:

ASX:MFF' s PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.11   Max: 1.52
Current: 1.13

During the past 13 years, MFF Capital Investments's highest PB Ratio was 1.52. The lowest was 0.76. And the median was 1.11.

ASX:MFF's PB Ratio is ranked worse than
75.12% of 1688 companies
in the Asset Management industry
Industry Median: 0.95 vs ASX:MFF: 1.13

During the past 12 months, MFF Capital Investments's average Book Value Per Share Growth Rate was 28.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MFF Capital Investments was 22.50% per year. The lowest was -2.90% per year. And the median was 9.60% per year.

Back to Basics: PB Ratio


MFF Capital Investments PB Ratio Historical Data

The historical data trend for MFF Capital Investments's PB Ratio 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.

MFF Capital Investments PB Ratio Chart

MFF Capital Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.09 1.03 0.91 0.91

MFF Capital Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio 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 0.98 0.91 0.94 0.91 1.00

Competitive Comparison of MFF Capital Investments's PB Ratio

For the Asset Management subindustry, MFF Capital Investments's PB Ratio, along with its competitors' market caps and PB Ratio 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.


MFF Capital Investments's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MFF Capital Investments's PB Ratio distribution charts can be found below:

* The bar in red indicates where MFF Capital Investments's PB Ratio falls into.



MFF Capital Investments PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

MFF Capital Investments's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.51/3.112
=1.13

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


MFF Capital Investments  (ASX:MFF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


MFF Capital Investments PB Ratio Related Terms

Thank you for viewing the detailed overview of MFF Capital Investments's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MFF Capital Investments (ASX:MFF) Business Description

Traded in Other Exchanges
N/A
Address
25 Martin Place, Level 36, Sydney, NSW, AUS, 2000
MFF Capital Investments Ltd is an asset management company. The company invests in a minimum of twenty exchange-listed international and Australian companies. The company's investments are managed on a single portfolio basis, and in one business segment being equity investment, and in one geographic segment, Australia. The investment objective of the firm is to maximize compound risk-adjusted after-tax returns for shareholders by identifying and investing in a minimum of 20 stock exchange listed international and Australian companies with a focus upon those assessed to have attractive business characteristics, at a discount to their assessed intrinsic values.

MFF Capital Investments (ASX:MFF) Headlines

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