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Michael Hill International (ASX:MHJ) Price-to-Tangible-Book : 1.82 (As of May. 11, 2024)


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What is Michael Hill International Price-to-Tangible-Book?

As of today (2024-05-11), Michael Hill International's share price is A$0.63. Michael Hill International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.35. Hence, Michael Hill International's Price to Tangible Book Ratio of today is 1.82.

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

ASX:MHJ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96   Med: 2.17   Max: 2.8
Current: 1.8

During the past 13 years, Michael Hill International's highest Price to Tangible Book Ratio was 2.80. The lowest was 0.96. And the median was 2.17.

ASX:MHJ's Price-to-Tangible-Book is ranked better than
50.46% of 973 companies
in the Retail - Cyclical industry
Industry Median: 1.83 vs ASX:MHJ: 1.80

A closely related ratio is called PB Ratio. As of today, Michael Hill International's share price is A$0.63. Michael Hill International's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.49. Hence, Michael Hill International's P/B Ratio of today is 1.28.


Michael Hill International Price-to-Tangible-Book Historical Data

The historical data trend for Michael Hill 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.

* Premium members only.

Michael Hill International Price-to-Tangible-Book Chart

Michael Hill International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.96 2.13 2.17 2.54

Michael Hill International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.80 2.17 2.21 2.54 2.62

Competitive Comparison of Michael Hill International's Price-to-Tangible-Book

For the Luxury Goods subindustry, Michael Hill 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.


Michael Hill International's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Michael Hill International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Michael Hill International's Price-to-Tangible-Book falls into.



Michael Hill International Price-to-Tangible-Book Calculation

Michael Hill International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.63/0.346
=1.82

* 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.


Michael Hill International Price-to-Tangible-Book Related Terms

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


Michael Hill International (ASX:MHJ) Business Description

Traded in Other Exchanges
Address
34 Southgate Avenue, Cannon Hill, QLD, AUS, 4170
Michael Hill International Ltd is an Australia based specialist retail jewellery chain engaged in the sale of jewellery and related services. It operates stores in Australia, New Zealand and Canada. The group derives prime revenue from Australia. The product portfolio of the company includes Rings, Earrings, Pendants and Necklaces, Bracelets, Bangles and other products.

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