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Majedie Investments (LSE:MAJE) Price-to-Tangible-Book : 1.08 (As of Jun. 15, 2024)


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What is Majedie Investments Price-to-Tangible-Book?

As of today (2024-06-15), Majedie Investments's share price is £2.38. Majedie Investments's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was £2.21. Hence, Majedie Investments's Price to Tangible Book Ratio of today is 1.08.

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

LSE:MAJE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.71   Med: 0.82   Max: 1
Current: 0.98

During the past 13 years, Majedie Investments's highest Price to Tangible Book Ratio was 1.00. The lowest was 0.71. And the median was 0.82.

LSE:MAJE's Price-to-Tangible-Book is ranked worse than
56.6% of 1620 companies
in the Asset Management industry
Industry Median: 0.94 vs LSE:MAJE: 0.98

A closely related ratio is called PB Ratio. As of today, Majedie Investments's share price is £2.38. Majedie Investments's Book Value per Sharefor the quarter that ended in Sep. 2022 was £2.21. Hence, Majedie Investments's P/B Ratio of today is 1.08.


Majedie Investments Price-to-Tangible-Book Historical Data

The historical data trend for Majedie Investments'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.

Majedie Investments Price-to-Tangible-Book Chart

Majedie Investments Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.71 0.80 0.74 0.81

Majedie Investments Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Sep23
Price-to-Tangible-Book 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 0.84 0.80 0.76 0.74 0.81

Competitive Comparison of Majedie Investments's Price-to-Tangible-Book

For the Asset Management subindustry, Majedie Investments'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.


Majedie Investments's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



Majedie Investments Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2022 )
=2.38/2.205
=1.08

* 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.


Majedie Investments Price-to-Tangible-Book Related Terms

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


Majedie Investments (LSE:MAJE) Business Description

Traded in Other Exchanges
Address
1 King’s Arms Yard, London, GBR, EC2R 7AF
Majedie Investments PLC is an investment trust company. The company invests principally in securities of publicly quoted companies globally as well as in unquoted securities. To manage risk, the company focuses on the analysis of economies sector trends and sectors to deliver growth over the long term. The company may utilize derivative instruments including index-linked notes, contracts for difference, covered options and other equity-related derivative instruments for efficient portfolio management and investment purposes. Its revenue mainly comprises of interest and dividend income from investment made.

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