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Mfc Asset Management Public Co (BKK:MFC-F) PB Ratio : 1.99 (As of May. 06, 2024)


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What is Mfc Asset Management Public Co 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 (2024-05-06), Mfc Asset Management Public Co's share price is ฿18.80. Mfc Asset Management Public Co's Book Value per Share for the quarter that ended in Dec. 2023 was ฿9.47. Hence, Mfc Asset Management Public Co's PB Ratio of today is 1.99.

Good Sign:

Mfc Asset Management Public Co Ltd stock PB Ratio (=2.11) is close to 2-year low of 1.97

The historical rank and industry rank for Mfc Asset Management Public Co's PB Ratio or its related term are showing as below:

BKK:MFC-F' s PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.14   Max: 4.38
Current: 2.11

During the past 13 years, Mfc Asset Management Public Co's highest PB Ratio was 4.38. The lowest was 1.41. And the median was 2.14.

BKK:MFC-F's PB Ratio is ranked worse than
88.08% of 1694 companies
in the Asset Management industry
Industry Median: 0.94 vs BKK:MFC-F: 2.11

During the past 12 months, Mfc Asset Management Public Co's average Book Value Per Share Growth Rate was -3.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mfc Asset Management Public Co was 3.80% per year. The lowest was -54.50% per year. And the median was -2.10% per year.

Back to Basics: PB Ratio


Mfc Asset Management Public Co PB Ratio Historical Data

The historical data trend for Mfc Asset Management Public Co'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.

Mfc Asset Management Public Co PB Ratio Chart

Mfc Asset Management Public Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.22 1.79 1.93 1.99

Mfc Asset Management Public Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.93 1.83 2.08 2.02 1.99

Competitive Comparison of Mfc Asset Management Public Co's PB Ratio

For the Asset Management subindustry, Mfc Asset Management Public Co'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.


Mfc Asset Management Public Co's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfc Asset Management Public Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mfc Asset Management Public Co's PB Ratio falls into.



Mfc Asset Management Public Co 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.

Mfc Asset Management Public Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=18.80/9.466
=1.99

* 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.


Mfc Asset Management Public Co  (BKK:MFC-F) 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.


Mfc Asset Management Public Co PB Ratio Related Terms

Thank you for viewing the detailed overview of Mfc Asset Management Public Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mfc Asset Management Public Co (BKK:MFC-F) Business Description

Traded in Other Exchanges
Address
Ratchadaphisek Road, 199 Column Tower, Ground Floor and 21st - 23rd Floor, Khlong-Toey, Bangkok, THA, 10110
Mfc Asset Management Public Co Ltd is a Thailand-based company that engages in the provision of fund management services. The company is licensed to manage mutual funds, provident funds, private funds, securities registrar, and real estate investment trusts. Its only operating segment is fund management.

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