Mercurity Fintech Holding (Mercurity Fintech Holding) PB Ratio : 1.18 (As of Apr. 25, 2024)

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What is Mercurity Fintech Holding 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 (2024-04-25), Mercurity Fintech Holding's share price is $1.47. Mercurity Fintech Holding's Book Value per Share for the quarter that ended in Dec. 2023 was $1.25. Hence, Mercurity Fintech Holding's PB Ratio of today is 1.18.

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

MFH' s PB Ratio Range Over the Past 10 Years
Min: 1.69 Med: 3.04 Max: 6.32
Current: 4.88

During the past 12 years, Mercurity Fintech Holding's highest PB Ratio was 6.32. The lowest was 1.69. And the median was 3.04.

MFH's PB Ratio is ranked worse than
79.15% of 753 companies
in the Capital Markets industry
Industry Median: 1.3 vs MFH: 4.88

During the past 12 months, Mercurity Fintech Holding's average Book Value Per Share Growth Rate was -51.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -40.30% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Mercurity Fintech Holding was -26.70% per year. The lowest was -71.70% per year. And the median was -51.85% per year.

Back to Basics: PB Ratio

Mercurity Fintech Holding PB Ratio Historical Data

The historical data trend for Mercurity Fintech Holding'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.

Mercurity Fintech Holding PB Ratio Chart

Mercurity Fintech Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.20

2.46

5.93

Mercurity Fintech Holding Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															5.93	1.30	-	-	-

Competitive Comparison of Mercurity Fintech Holding's PB Ratio

For the Capital Markets subindustry, Mercurity Fintech Holding'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.

Mercurity Fintech Holding's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mercurity Fintech Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mercurity Fintech Holding's PB Ratio falls into.

Mercurity Fintech Holding 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.

Mercurity Fintech Holding's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.47	/	1.248
	=	1.18

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Mercurity Fintech Holding (NAS:MFH) 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.

Mercurity Fintech Holding PB Ratio Related Terms

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Mercurity Fintech Holding (Mercurity Fintech Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mercurity Fintech Holding Inc (NAS:MFH) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

MFH:USA

Address

1330 Avenue of Americas, Fl 33, New York, NY, USA, 10019

Website

https://www.mercurityfintech.com

Mercurity Fintech Holding Inc is a digital fintech company powered by blockchain technology. The company's scope of business includes digital asset trading, asset digitization, cross-border remittance, and other services, providing compliant, professional, and efficient digital financial services to its customers. The group is also engaged in Bitcoin mining, digital currency investment, and trading, continuing its expansion to online and traditional brokerage services and other related fields.