MTN Group (MTN Group) Price-to-Tangible-Book : 2.45 (As of Apr. 28, 2024)

View and export this data going back to 2001. Start your Free Trial

What is MTN Group Price-to-Tangible-Book?

As of today (2024-04-28), MTN Group's share price is $4.59. MTN Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.88. Hence, MTN Group's Price to Tangible Book Ratio of today is 2.45.

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

MTNOY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.76 Med: 3.57 Max: 4.69
Current: 2.47

During the past 13 years, MTN Group's highest Price to Tangible Book Ratio was 4.69. The lowest was 1.76. And the median was 3.57.

MTNOY's Price-to-Tangible-Book is ranked better than
50.71% of 280 companies
in the Telecommunication Services industry
Industry Median: 2.575 vs MTNOY: 2.47

A closely related ratio is called PB Ratio. As of today, MTN Group's share price is $4.59. MTN Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.13. Hence, MTN Group's P/B Ratio of today is 1.11.

MTN Group Price-to-Tangible-Book Historical Data

The historical data trend for MTN Group'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.

MTN Group Price-to-Tangible-Book Chart

MTN Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.38

1.78

4.65

3.58

3.36

MTN Group 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															4.65	3.56	3.58	3.35	3.36

Competitive Comparison of MTN Group's Price-to-Tangible-Book

For the Telecom Services subindustry, MTN Group'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.

MTN Group's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Group's Price-to-Tangible-Book distribution charts can be found below:

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

MTN Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4.59	/	1.875
	=	2.45

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.

MTN Group Price-to-Tangible-Book Related Terms

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

MTN Group (MTN Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Group Ltd (OTCPK:MTNOY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MTN:South Africa MTNOF:USA LL6:Germany

Address

Innovation Centre 216 - 14th Avenue, Fairland, Roodepoort, Gauteng, Johannesburg, ZAF, 2195

Website

https://www.mtn.com

MTN Group Ltd is a mobile telecommunications provider operating across South Africa, Nigeria, Ghana, Cameroon, Ivory Coast, Uganda, Syria, and Sudan. most of the company's revenue is earned in South Africa and Nigeria. The company also has a joint venture in Iran. From a product perspective, most of its revenue is from voice and data. Other contributors include SMS and sale of devices revenue. MTN also provides enterprise services to small/midsize enterprises and corporate clients. The company owns the mobile infrastructure and data centers. Its segments include Network services, Mobile devices, Inter- connect and roaming, Digital and fintech and others.

MTN Group (MTN Group) Headlines

From GuruFocus

MTNOY – Traverse the Wilds of Africa for 2014′s Best Stock

By Charles Sizemore Charles Sizemore • 12-30-2013

MTN Group: The Emerging Market Rally Is Just Getting Started

By Charles Sizemore Charles Sizemore • 03-28-2014

MTN awards multi-year IoT connectivity platform contract to Eseye

By PRNewswire • 09-18-2023