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Machten (Machten) PB Ratio : 2.54 (As of May. 24, 2024)


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What is Machten 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 (2024-05-24), Machten's share price is $6.75. Machten's Book Value per Share for the quarter that ended in Sep. 2023 was $2.66. Hence, Machten's PB Ratio of today is 2.54.

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

MACT' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.86
Current: 2.54

During the past 0 years, Machten's highest PB Ratio was 2.86. The lowest was 0.00. And the median was 0.00.

MACT's PB Ratio is ranked worse than
66.39% of 360 companies
in the Telecommunication Services industry
Industry Median: 1.69 vs MACT: 2.54

Back to Basics: PB Ratio


Machten PB Ratio Historical Data

The historical data trend for Machten'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.

Machten PB Ratio Chart

Machten Annual Data
Trend
PB Ratio

Machten Quarterly Data
Jun22 Sep22 Jun23 Sep23
PB Ratio - - - 2.64

Competitive Comparison of Machten's PB Ratio

For the Telecom Services subindustry, Machten'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.


Machten's PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Machten's PB Ratio distribution charts can be found below:

* The bar in red indicates where Machten's PB Ratio falls into.



Machten 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.

Machten's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=6.75/2.655
=2.54

* 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.


Machten  (OTCPK:MACT) 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.


Machten PB Ratio Related Terms

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


Machten (Machten) Business Description

Traded in Other Exchanges
N/A
Address
1516 Barlow Street, Suite D, Traverse City, MI, USA, 49686
Website
Machten Inc is an integrated provider of voice, broadband, and internet access services. It provides high-speed broadband services, including internet access, through fiber optic facilities, copper-based DSL, fixed wireless facilities, and coaxial cable via cable modems.
Executives
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Ggcp Holdings Llc 10 percent owner 140 GREENWICH AVENUE, GREENWICH CT 06830
Lict Corp 10 percent owner 401 THEODORE FREMD AVE, RYE NY 10580
Patrick J Hansen director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Stephen J. Moore officer: Interim CFO C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Katherine Tansey director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Gary L Sugarman director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Philip J. Lombardo director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Daniel M. Miller director, officer: Chief Executive Officer C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686

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