GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MDJM Ltd (NAS:MDJH) » Definitions » Price-to-Tangible-Book

MDJM (MDJH) Price-to-Tangible-Book : 2.92 (As of Apr. 28, 2024)


View and export this data going back to 2019. Start your Free Trial

What is MDJM Price-to-Tangible-Book?

As of today (2024-04-28), MDJM's share price is $1.0299. MDJM's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $0.35. Hence, MDJM's Price to Tangible Book Ratio of today is 2.92.

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

MDJH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.92   Med: 3.96   Max: 8.51
Current: 2.92

During the past 7 years, MDJM's highest Price to Tangible Book Ratio was 8.51. The lowest was 2.92. And the median was 3.96.

MDJH's Price-to-Tangible-Book is ranked worse than
87.04% of 1721 companies
in the Real Estate industry
Industry Median: 0.81 vs MDJH: 2.92

A closely related ratio is called PB Ratio. As of today, MDJM's share price is $1.0299. MDJM's Book Value per Sharefor the quarter that ended in Jun. 2023 was $0.35. Hence, MDJM's P/B Ratio of today is 2.92.


MDJM Price-to-Tangible-Book Historical Data

The historical data trend for MDJM'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.

MDJM Price-to-Tangible-Book Chart

MDJM Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial - 3.96 5.28 2.99 3.58

MDJM Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 8.51 2.99 4.75 3.58 5.10

Competitive Comparison of MDJM's Price-to-Tangible-Book

For the Real Estate Services subindustry, MDJM'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.


MDJM's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MDJM's Price-to-Tangible-Book distribution charts can be found below:

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



MDJM Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=1.0299/0.353
=2.92

* 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.


MDJM Price-to-Tangible-Book Related Terms

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


MDJM (MDJH) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Fernie Castle, Letham, Cupar, Fife, GBR, KY15 7RU
MDJM Ltd is a real estate service company. The company provides real estate agency services to real estate developer clients, also real estate consulting services and independent training services on an as-needed basis. It offers consulting, marketing planning, advertising services, and sales strategies to real estate clients. The company income is derived from commission-based services and minimal consulting and other services. The company has two operating segments; the real estate agent services segment and the hospitality business segment. It derives a majority of its revenue from the People's Republic of China.