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Methaq Real Estate Investment (AMM:MEET) Price-to-Tangible-Book : 3.09 (As of Jun. 25, 2024)


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What is Methaq Real Estate Investment Price-to-Tangible-Book?

As of today (2024-06-25), Methaq Real Estate Investment's share price is JOD2.84. Methaq Real Estate Investment's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was JOD0.92. Hence, Methaq Real Estate Investment's Price to Tangible Book Ratio of today is 3.09.

The historical rank and industry rank for Methaq Real Estate Investment's Price-to-Tangible-Book or its related term are showing as below:

AMM:MEET' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.03   Med: 2.27   Max: 3.97
Current: 3.09

During the past 13 years, Methaq Real Estate Investment's highest Price to Tangible Book Ratio was 3.97. The lowest was 0.03. And the median was 2.27.

AMM:MEET's Price-to-Tangible-Book is ranked worse than
88.31% of 1719 companies
in the Real Estate industry
Industry Median: 0.79 vs AMM:MEET: 3.09

A closely related ratio is called PB Ratio. As of today, Methaq Real Estate Investment's share price is JOD2.84. Methaq Real Estate Investment's Book Value per Sharefor the quarter that ended in Mar. 2024 was JOD0.92. Hence, Methaq Real Estate Investment's P/B Ratio of today is 3.09.


Methaq Real Estate Investment Price-to-Tangible-Book Historical Data

The historical data trend for Methaq Real Estate Investment's Price-to-Tangible-Book 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.

Methaq Real Estate Investment Price-to-Tangible-Book Chart

Methaq Real Estate Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.94 3.71 0.04 0.03

Methaq Real Estate Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 3.30 3.17 3.39 0.03 3.23

Competitive Comparison of Methaq Real Estate Investment's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Methaq Real Estate Investment's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Methaq Real Estate Investment's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Methaq Real Estate Investment's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Methaq Real Estate Investment's Price-to-Tangible-Book falls into.



Methaq Real Estate Investment Price-to-Tangible-Book Calculation

Methaq Real Estate Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=2.84/0.92
=3.09

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Methaq Real Estate Investment Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Methaq Real Estate Investment's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Methaq Real Estate Investment (AMM:MEET) Business Description

Traded in Other Exchanges
N/A
Address
7th Circle-Behind safeway Superstore, AL Hussini buliding, P.O.Box 2339, Amman, JOR, 11953
Methaq Real Estate Investment is a real estate investment company. It is engaged in the construction of the building and other Properties. The company's project includes METHAQ Jewels and METHAQ and ALSAUDI Project.