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Myanmar Investments International (AQSE:MIL.GB) PB Ratio : 0.09 (As of May. 27, 2024)


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What is Myanmar Investments International PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-27), Myanmar Investments International's share price is $0.025. Myanmar Investments International's Book Value per Share for the quarter that ended in Sep. 2022 was $0.28. Hence, Myanmar Investments International's PB Ratio of today is 0.09.

The historical rank and industry rank for Myanmar Investments International's PB Ratio or its related term are showing as below:

AQSE:MIL.GB's PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Myanmar Investments International PB Ratio Historical Data

The historical data trend for Myanmar Investments International's PB Ratio 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.

Myanmar Investments International PB Ratio Chart

Myanmar Investments International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep21
PB Ratio
Get a 7-Day Free Trial - - - 1.46 0.74

Myanmar Investments International Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Sep21 Mar22 Sep22
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.79 0.74 1.44 0.54

Competitive Comparison of Myanmar Investments International's PB Ratio

For the Asset Management subindustry, Myanmar Investments International's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Myanmar Investments International's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Myanmar Investments International's PB Ratio distribution charts can be found below:

* The bar in red indicates where Myanmar Investments International's PB Ratio falls into.



Myanmar Investments International PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Myanmar Investments International's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2022)
=0.025/0.276
=0.09

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Myanmar Investments International  (AQSE:MIL.GB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Myanmar Investments International PB Ratio Related Terms

Thank you for viewing the detailed overview of Myanmar Investments International's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Myanmar Investments International (AQSE:MIL.GB) Business Description

Traded in Other Exchanges
Address
Wickhams Cay I, Jayla Place, Tortola, Road Town, VGB, VG1110
Myanmar Investments International Ltd is an investment company. The company aims to produce long-term capital appreciation and income from proactive participation in Myanmar's re-emergence. The company makes investments in companies, businesses, or assets located in Myanmar. The company invests in sectors such as telecoms, finance, and healthcare.

Myanmar Investments International (AQSE:MIL.GB) Headlines

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