MTR (MTCPY) Price-to-Tangible-Book : 1.08 (As of Apr. 28, 2024)

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What is MTR Price-to-Tangible-Book?

As of today (2024-04-28), MTR's share price is $9.41. MTR's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.75. Hence, MTR's Price to Tangible Book Ratio of today is 1.08.

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

MTCPY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.1 Med: 1.79 Max: 2.02
Current: 1.1

During the past 13 years, MTR's highest Price to Tangible Book Ratio was 2.02. The lowest was 1.10. And the median was 1.79.

MTCPY's Price-to-Tangible-Book is ranked better than
62.27% of 880 companies
in the Transportation industry
Industry Median: 1.42 vs MTCPY: 1.10

A closely related ratio is called PB Ratio. As of today, MTR's share price is $9.41. MTR's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.02. Hence, MTR's P/B Ratio of today is 0.85.

MTR Price-to-Tangible-Book Historical Data

The historical data trend for MTR'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.

MTR Price-to-Tangible-Book Chart

MTR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.88

1.86

1.79

1.73

1.32

MTR 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															1.79	1.75	1.73	1.58	1.32

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

For the Railroads subindustry, MTR'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.

MTR's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MTR's Price-to-Tangible-Book distribution charts can be found below:

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

MTR Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	9.41	/	8.75
	=	1.08

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.

MTR Price-to-Tangible-Book Related Terms

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

MTR (MTCPY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MTR Corp Ltd (OTCPK:MTCPY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MTRJF:USA 00066:Hong Kong MRI:Germany

Address

33 Wai Yip Street, MTR Headquarters Building, GPO Box 9916, Telford Plaza, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.mtr.com.hk

MTR constructs and operates Hong Kong's rail network, giving it a monopoly position. In addition to rail operation, the firm makes recurring income from commercial business within the stations. This includes rental of retail outlets and advertisement within the station and investment properties in shopping malls above stations. Residential real estate development forms part of MTR's return for the rail operation. Average operating profit, in a normalized environment, is approximately 20% in rail operation, 60% in station commercial and property leasing business, and 20% in property development. The Hong Kong government owns 75% of MTR.