Minco Capital (TSXV:MMM) PB Ratio : 0.40 (As of Apr. 26, 2024)

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What is Minco Capital 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), Minco Capital's share price is C$0.05. Minco Capital's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.13. Hence, Minco Capital's PB Ratio of today is 0.40.

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

TSXV:MMM' s PB Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.42 Max: 1.85
Current: 0.4

During the past 13 years, Minco Capital's highest PB Ratio was 1.85. The lowest was 0.17. And the median was 0.42.

TSXV:MMM's PB Ratio is ranked better than
93.85% of 1692 companies
in the Asset Management industry
Industry Median: 0.93 vs TSXV:MMM: 0.40

During the past 12 months, Minco Capital's average Book Value Per Share Growth Rate was -18.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -18.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Minco Capital was 109.50% per year. The lowest was -51.60% per year. And the median was -7.80% per year.

Back to Basics: PB Ratio

Minco Capital PB Ratio Historical Data

The historical data trend for Minco Capital'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.

Minco Capital PB Ratio Chart

Minco Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.46

0.30

0.32

0.29

0.40

Minco Capital 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															0.29	0.36	0.41	0.53	0.40

Competitive Comparison of Minco Capital's PB Ratio

For the Asset Management subindustry, Minco Capital'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.

Minco Capital's PB Ratio Distribution in the Asset Management Industry

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

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

Minco Capital 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.

Minco Capital's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.05	/	0.126
	=	0.40

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.

Minco Capital (TSXV:MMM) 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.

Minco Capital PB Ratio Related Terms

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

Minco Capital (TSXV:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Minco Capital Corp (TSXV:MMM) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

MGHCF:USA MI5:Germany

Address

No. 2060 - 1055 West Georgia Street, PO Box 11176, Vancouver, BC, CAN, V6E 3R5

Website

http://www.mincocapitalcorp.com

Minco Capital Corp is a Canadian company that is focused on utilizing its working capital position, industry contacts and internal expertise to identify, evaluate and invest in assets that have the capacity to generate returns and growth. The company invests in publicly traded and privately held corporations as well as taking indirect and direct ownership stakes in resource projects. Its types of investments may include common shares, preferred shares, warrants, royalties, convertible debentures, bridge loans, and other investment vehicles. It has one segment which is the acquisition and sale of investments in other companies.