MJL Bangladesh (DHA:MJLBD) Price-to-Tangible-Book : 1.87 (As of Apr. 24, 2024)

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What is MJL Bangladesh Price-to-Tangible-Book?

As of today (2024-04-24), MJL Bangladesh's share price is BDT82.70. MJL Bangladesh's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was BDT44.13. Hence, MJL Bangladesh's Price to Tangible Book Ratio of today is 1.87.

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

DHA:MJLBD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.77 Med: 2.46 Max: 4.33
Current: 1.87

During the past 13 years, MJL Bangladesh's highest Price to Tangible Book Ratio was 4.33. The lowest was 1.77. And the median was 2.46.

DHA:MJLBD's Price-to-Tangible-Book is ranked worse than
66.2% of 926 companies
in the Oil & Gas industry
Industry Median: 1.31 vs DHA:MJLBD: 1.87

A closely related ratio is called PB Ratio. As of today, MJL Bangladesh's share price is BDT82.70. MJL Bangladesh's Book Value per Sharefor the quarter that ended in Dec. 2023 was BDT44.32. Hence, MJL Bangladesh's P/B Ratio of today is 1.87.

MJL Bangladesh Price-to-Tangible-Book Historical Data

The historical data trend for MJL Bangladesh'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.

MJL Bangladesh Price-to-Tangible-Book Chart

MJL Bangladesh Annual Data

Trend

Dec13

Dec14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.55

1.77

2.10

2.27

1.97

MJL Bangladesh Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.19	2.12	1.97	1.86	1.96

Competitive Comparison of MJL Bangladesh's Price-to-Tangible-Book

For the Oil & Gas Refining & Marketing subindustry, MJL Bangladesh'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.

MJL Bangladesh's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MJL Bangladesh's Price-to-Tangible-Book distribution charts can be found below:

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

MJL Bangladesh Price-to-Tangible-Book Calculation

MJL Bangladesh's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	82.70	/	44.128
	=	1.87

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

MJL Bangladesh Price-to-Tangible-Book Related Terms

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

MJL Bangladesh (DHA:MJLBD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MJL Bangladesh PLC (DHA:MJLBD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bir Uttam Mir Shawkat Sarak, Mobil House, CWS(A) 13/A, Gulshan Avenue, Dhaka, BGD, 1212

Website

https://www.mjlbl.com

MJL Bangladesh PLC is engaged in the process, manufacture trade of lubricants, blending, marketing of lubricants and grease products. the company has bifurcated the revenues in Oil Tanker, the Manufacturing Unit, which generates the majority of revenue, and Trading Unit. Its automotive lubricants include Car Engine Oils, Motorcycle Engine Oils, Bus & Truck Engine Oils, Gear Oils, and Others. It also produces Industrial & Specialty Lubricants which includes Greases, Compressor Oils, Aviation Products, and others. It serves various industries, some of which include agriculture, automotive, construction, natural gas, and commercial industries. The majority of the revenue is generated from the domestic market but the company also exports some of its products in the International market.

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