Minco Capital (TSXV:MMM) Price-to-Tangible-Book : 0.40 (As of Apr. 24, 2024)

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What is Minco Capital Price-to-Tangible-Book?

As of today (2024-04-24), Minco Capital's share price is C$0.05. Minco Capital's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.13. Hence, Minco Capital's Price to Tangible Book Ratio of today is 0.40.

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

TSXV:MMM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29 Med: 0.4 Max: 0.67
Current: 0.38

During the past 13 years, Minco Capital's highest Price to Tangible Book Ratio was 0.67. The lowest was 0.29. And the median was 0.40.

TSXV:MMM's Price-to-Tangible-Book is ranked better than
94.7% of 1623 companies
in the Asset Management industry
Industry Median: 0.93 vs TSXV:MMM: 0.38

A closely related ratio is called PB Ratio. As of today, Minco Capital's share price is C$0.05. Minco Capital's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.13. Hence, Minco Capital's P/B Ratio of today is 0.40.

Minco Capital Price-to-Tangible-Book Historical Data

The historical data trend for Minco Capital'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.

Minco Capital Price-to-Tangible-Book Chart

Minco Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.46

0.30

0.32

0.29

0.40

Minco Capital 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															0.29	0.36	0.41	0.53	0.40

Competitive Comparison of Minco Capital's Price-to-Tangible-Book

For the Asset Management subindustry, Minco Capital'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.

Minco Capital's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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

Minco Capital Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.05	/	0.126
	=	0.40

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.

Minco Capital Price-to-Tangible-Book Related Terms

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

Minco Capital (TSXV:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Minco Capital Corp (TSXV:MMM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MGHCF:USA MI5:Germany

Address

No. 2060 - 1055 West Georgia Street, PO Box 11176, Vancouver, BC, CAN, V6E 3R5

Website

http://www.mincocapitalcorp.com

Minco Capital Corp is a Canadian company that is focused on utilizing its working capital position, industry contacts and internal expertise to identify, evaluate and invest in assets that have the capacity to generate returns and growth. The company invests in publicly traded and privately held corporations as well as taking indirect and direct ownership stakes in resource projects. Its types of investments may include common shares, preferred shares, warrants, royalties, convertible debentures, bridge loans, and other investment vehicles. It has one segment which is the acquisition and sale of investments in other companies.