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MidCap Financial Investment (MidCap Financial Investment) PB Ratio : 0.98 (As of Apr. 26, 2024)


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What is MidCap Financial Investment 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 (2024-04-26), MidCap Financial Investment's share price is $15.05. MidCap Financial Investment's Book Value per Share for the quarter that ended in Dec. 2023 was $15.41. Hence, MidCap Financial Investment's PB Ratio of today is 0.98.

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

MFIC' s PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.86   Max: 1.09
Current: 0.98

During the past 13 years, MidCap Financial Investment's highest PB Ratio was 1.09. The lowest was 0.35. And the median was 0.86.

MFIC's PB Ratio is ranked worse than
61.25% of 1693 companies
in the Asset Management industry
Industry Median: 0.93 vs MFIC: 0.98

During the past 12 months, MidCap Financial Investment's average Book Value Per Share Growth Rate was -2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MidCap Financial Investment was -0.60% per year. The lowest was -17.40% per year. And the median was -6.20% per year.

Back to Basics: PB Ratio


MidCap Financial Investment PB Ratio Historical Data

The historical data trend for MidCap Financial Investment'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.

MidCap Financial Investment PB Ratio Chart

MidCap Financial Investment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.43 0.86 0.84 0.89

MidCap Financial Investment 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 - 0.75 0.83 0.90 0.89

Competitive Comparison of MidCap Financial Investment's PB Ratio

For the Asset Management subindustry, MidCap Financial Investment'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.


MidCap Financial Investment's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where MidCap Financial Investment's PB Ratio falls into.



MidCap Financial Investment 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.

MidCap Financial Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=15.05/15.406
=0.98

* 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.


MidCap Financial Investment  (NAS:MFIC) 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.


MidCap Financial Investment PB Ratio Related Terms

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


MidCap Financial Investment (MidCap Financial Investment) Business Description

Traded in Other Exchanges
Address
9 West 57th Street, 37th Floor, New York, NY, USA, 10019
MidCap Financial Investment Corp is an externally managed, publicly traded, Business Development Company, focused on providing senior debt solutions to middle market companies.
Executives
Ryan Delgiudice officer: Chief Compliance Officer 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Mcnulty Ted Aymond Jr. officer: President 9 WEST 57TH STREET, NEW YORK NY 10019
Tanner Powell officer: Chief Executive Officer C/O APOLLO INVESTMENT CORPORATION, 9 W. 57TH STREET, NEW YORK NY 10019
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Whonder Carmencita N.m. director 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Howard Widra officer: President 9 WEST 57TH STREET, 37TH FLOOR, NEW YORK NY 10019
Kristin Hester officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
John J Hannan director 9 WEST 57TH STREET, NEW YORK NY 10019
Barbara Ruth Matas director 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Elliot Jr Stein director C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Amit Joshi officer: Chief Accounting Officer APOLLO INVESTMENT CORP., 9 WEST 57TH STREET, NEW YORK NY 10019
Hilary E. Ackermann director 601 TRAVIS, SUITE 1400, HOUSTON TX 77002
Frank C Puleo director 7425 PURPLE SAGE, GLENWILD, PARK CITY UT 84098
James C Zelter director, officer: Chief Executive Officer APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, 14TH FLOOR, NEW YORK NY 10019
Gregory W. Hunt officer: CFO & TREASURER 730 5TH AVENUE, NEW YORK NY 10019

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