Firm Capital Mortgage Investment (TSX:FC) Price-to-Tangible-Book : 0.94 (As of May. 06, 2024)

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What is Firm Capital Mortgage Investment Price-to-Tangible-Book?

As of today (2024-05-06), Firm Capital Mortgage Investment's share price is C$10.85. Firm Capital Mortgage Investment's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$11.57. Hence, Firm Capital Mortgage Investment's Price to Tangible Book Ratio of today is 0.94.

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

TSX:FC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92 Med: 1.2 Max: 1.33
Current: 0.94

During the past 13 years, Firm Capital Mortgage Investment's highest Price to Tangible Book Ratio was 1.33. The lowest was 0.92. And the median was 1.20.

TSX:FC's Price-to-Tangible-Book is ranked worse than
50.24% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs TSX:FC: 0.94

A closely related ratio is called PB Ratio. As of today, Firm Capital Mortgage Investment's share price is C$10.85. Firm Capital Mortgage Investment's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$11.57. Hence, Firm Capital Mortgage Investment's P/B Ratio of today is 0.94.

Firm Capital Mortgage Investment Price-to-Tangible-Book Historical Data

The historical data trend for Firm Capital Mortgage Investment'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.

Firm Capital Mortgage Investment Price-to-Tangible-Book Chart

Firm Capital Mortgage Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.33

1.14

1.26

0.92

0.94

Firm Capital Mortgage Investment 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															0.92	0.97	0.88	0.85	0.94

Competitive Comparison of Firm Capital Mortgage Investment's Price-to-Tangible-Book

For the Mortgage Finance subindustry, Firm Capital Mortgage Investment'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.

Firm Capital Mortgage Investment's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Firm Capital Mortgage Investment's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Firm Capital Mortgage Investment's Price-to-Tangible-Book falls into.

Firm Capital Mortgage Investment Price-to-Tangible-Book Calculation

Firm Capital Mortgage Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	10.85	/	11.574
	=	0.94

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.

Firm Capital Mortgage Investment Price-to-Tangible-Book Related Terms

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

Firm Capital Mortgage Investment (TSX:FC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Firm Capital Mortgage Investment Corp (TSX:FC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

FCMGF:USA 74X:Germany

Address

163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5

Website

https://www.firmcapital.com

Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors. Also, it provides loan servicing, asset management, and related investment services. The company's revenue mainly comprises Interest and fee income and commission fees arising from Canada and United States.