Melcor Developments (TSX:MRD) Price-to-Tangible-Book

: 0.29 (As of Today)

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As of today (2024-04-19), Melcor Developments's share price is C$11.53. Melcor Developments's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$39.45. Hence, Melcor Developments's Price to Tangible Book Ratio of today is 0.29.

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

TSX:MRD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.28 Med: 0.42 Max: 0.72
Current: 0.29

During the past 13 years, Melcor Developments's highest Price to Tangible Book Ratio was 0.72. The lowest was 0.28. And the median was 0.42.

TSX:MRD's Price-to-Tangible-Book is ranked better than
83.84% of 1720 companies
in the Real Estate industry
Industry Median: 0.8 vs TSX:MRD: 0.29

A closely related ratio is called PB Ratio. As of today, Melcor Developments's share price is C$11.53. Melcor Developments's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$39.45. Hence, Melcor Developments's P/B Ratio of today is 0.29.

Melcor Developments Price-to-Tangible-Book Historical Data

The historical data trend for Melcor Developments'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.

Melcor Developments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.41

0.29

0.42

0.28

0.29

Melcor Developments 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																0.28	0.32	0.30	0.31	0.29

Competitive Comparison

For the Real Estate - Development subindustry, Melcor Developments'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.

Melcor Developments Price-to-Tangible-Book Distribution

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

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

Melcor Developments Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	11.53	/	39.448
	=	0.29

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.

Melcor Developments Price-to-Tangible-Book Related Terms

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

Melcor Developments (TSX:MRD) Business Description

Industry

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Traded in Other Exchanges

MODVF:USA

Address

10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8

Website

https://www.melcor.ca

Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.

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