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MFS Charterome Trust (MFS Charterome Trust) Price-to-Tangible-Book : 0.93 (As of May. 06, 2024)


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What is MFS Charterome Trust Price-to-Tangible-Book?

As of today (2024-05-06), MFS Charterome Trust's share price is $6.255. MFS Charterome Trust's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $6.69. Hence, MFS Charterome Trust's Price to Tangible Book Ratio of today is 0.93.

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

MCR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.88   Med: 0.93   Max: 1.02
Current: 0.93

During the past 7 years, MFS Charterome Trust's highest Price to Tangible Book Ratio was 1.02. The lowest was 0.88. And the median was 0.93.

MCR's Price-to-Tangible-Book is ranked better than
55.45% of 1625 companies
in the Asset Management industry
Industry Median: 0.95 vs MCR: 0.93

A closely related ratio is called PB Ratio. As of today, MFS Charterome Trust's share price is $6.255. MFS Charterome Trust's Book Value per Sharefor the quarter that ended in Nov. 2023 was $6.69. Hence, MFS Charterome Trust's P/B Ratio of today is 0.93.


MFS Charterome Trust Price-to-Tangible-Book Historical Data

The historical data trend for MFS Charterome Trust'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.

MFS Charterome Trust Price-to-Tangible-Book Chart

MFS Charterome Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.93 0.96 1.02 1.01 0.91

MFS Charterome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 1.02 0.91 1.01 0.90 0.91

Competitive Comparison of MFS Charterome Trust's Price-to-Tangible-Book

For the Asset Management subindustry, MFS Charterome Trust'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.


MFS Charterome Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MFS Charterome Trust's Price-to-Tangible-Book distribution charts can be found below:

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



MFS Charterome Trust Price-to-Tangible-Book Calculation

MFS Charterome Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=6.255/6.693
=0.93

* 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.


MFS Charterome Trust Price-to-Tangible-Book Related Terms

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


MFS Charterome Trust (MFS Charterome Trust) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
MFS Charter Income Trust is a United States-based closed-end fund. Its investment objective is to seek high current income. The fund invests the assets in debt instruments. It invests the assets in corporate bonds of U.S. and foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed and other asset-backed securities of U.S. and foreign issuers, and debt instruments of issuers located in emerging market countries. The portfolio of investments comprises different sectors investment such as aerospace, airlines, automotive, building, business services, chemicals, electronics, and other sectors.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Neeraj Arora other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
John David Mitchell other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: OFFICER TO ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Henry Peabody other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Philipp Burgener other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Andy Li other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael Skatrud other: Portfolio Manager MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 01760
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199

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