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Michman Finance (XTAE:MCMN) PB Ratio : 2.30 (As of Apr. 23, 2025)


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What is Michman Finance 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 (2025-04-23), Michman Finance's share price is ₪263.60. Michman Finance's Book Value per Share for the quarter that ended in Dec. 2024 was ₪114.47. Hence, Michman Finance's PB Ratio of today is 2.30.

Warning Sign:

Michman Finance Ltd stock PB Ratio (=2.3) is close to 3-year high of 2.53.

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

XTAE:MCMN' s PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 1.99   Max: 2.53
Current: 2.3

During the past 7 years, Michman Finance's highest PB Ratio was 2.53. The lowest was 1.54. And the median was 1.99.

XTAE:MCMN's PB Ratio is ranked worse than
78% of 509 companies
in the Credit Services industry
Industry Median: 1.04 vs XTAE:MCMN: 2.30

During the past 12 months, Michman Finance's average Book Value Per Share Growth Rate was 29.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 40.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 81.10% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Michman Finance was 111.30% per year. The lowest was 40.90% per year. And the median was 110.00% per year.

Back to Basics: PB Ratio


Michman Finance PB Ratio Historical Data

The historical data trend for Michman Finance'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.

Michman Finance PB Ratio Chart

Michman Finance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial - 3.67 2.35 1.78 2.20

Michman Finance Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.78 1.74 1.49 1.66 2.20

Competitive Comparison of Michman Finance's PB Ratio

For the Credit Services subindustry, Michman Finance'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.


Michman Finance's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Michman Finance's PB Ratio distribution charts can be found below:

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


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Michman Finance 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.

Michman Finance's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=263.60/114.467
=2.30

* 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.


Michman Finance  (XTAE:MCMN) 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.


Michman Finance PB Ratio Related Terms

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


Michman Finance Business Description

Traded in Other Exchanges
N/A
Address
BSR Towers 3, 29th Floor, Bnei Brak, ISR, 5126237
Michman Finance Ltd is engaged in providing a variety of loans and non-bank services to businesses. The products of the company comprise Discount checks, Extended license, Import financing, Business Mediation loans, and Extended license, among others.

Michman Finance Headlines

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