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Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) Price-to-Tangible-Book : 1.68 (As of May. 20, 2024)


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What is Merito Cemiterios Fii Fundo De Investimento Imobiliario Price-to-Tangible-Book?

As of today (2024-05-20), Merito Cemiterios Fii Fundo De Investimento Imobiliario's share price is R$109.99. Merito Cemiterios Fii Fundo De Investimento Imobiliario's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was R$65.52. Hence, Merito Cemiterios Fii Fundo De Investimento Imobiliario's Price to Tangible Book Ratio of today is 1.68.

The historical rank and industry rank for Merito Cemiterios Fii Fundo De Investimento Imobiliario's Price-to-Tangible-Book or its related term are showing as below:

BSP:MCEM11' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.68   Med: 1.68   Max: 1.68
Current: 1.68

During the past 2 years, Merito Cemiterios Fii Fundo De Investimento Imobiliario's highest Price to Tangible Book Ratio was 1.68. The lowest was 1.68. And the median was 1.68.

BSP:MCEM11's Price-to-Tangible-Book is ranked worse than
87.96% of 839 companies
in the REITs industry
Industry Median: 0.83 vs BSP:MCEM11: 1.68

A closely related ratio is called PB Ratio. As of today, Merito Cemiterios Fii Fundo De Investimento Imobiliario's share price is R$109.99. Merito Cemiterios Fii Fundo De Investimento Imobiliario's Book Value per Sharefor the quarter that ended in Dec. 2022 was R$65.52. Hence, Merito Cemiterios Fii Fundo De Investimento Imobiliario's P/B Ratio of today is 1.68.


Merito Cemiterios Fii Fundo De Investimento Imobiliario Price-to-Tangible-Book Historical Data

The historical data trend for Merito Cemiterios Fii Fundo De Investimento Imobiliario'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.

Merito Cemiterios Fii Fundo De Investimento Imobiliario Price-to-Tangible-Book Chart

Merito Cemiterios Fii Fundo De Investimento Imobiliario Annual Data
Trend Dec22 Dec23
Price-to-Tangible-Book
- 1.68

Merito Cemiterios Fii Fundo De Investimento Imobiliario Quarterly Data
Dec22 Dec23
Price-to-Tangible-Book - 1.68

Competitive Comparison of Merito Cemiterios Fii Fundo De Investimento Imobiliario's Price-to-Tangible-Book

For the REIT - Specialty subindustry, Merito Cemiterios Fii Fundo De Investimento Imobiliario'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.


Merito Cemiterios Fii Fundo De Investimento Imobiliario's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Merito Cemiterios Fii Fundo De Investimento Imobiliario's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Merito Cemiterios Fii Fundo De Investimento Imobiliario's Price-to-Tangible-Book falls into.



Merito Cemiterios Fii Fundo De Investimento Imobiliario Price-to-Tangible-Book Calculation

Merito Cemiterios Fii Fundo De Investimento Imobiliario's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2022 )
=109.99/65.517
=1.68

* 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.


Merito Cemiterios Fii Fundo De Investimento Imobiliario Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Merito Cemiterios Fii Fundo De Investimento Imobiliario's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Rua Funchal, 418, 21st floor, Vila Olímpia CEP, Sao Paulo, SP, BRA, 04551-060
Merito Cemiterios Fii Fundo De Investimento Imobiliario is a closed condominium fund, with an indefinite duration. The Fund's purpose is to make long-term real estate investments through the acquisition of the following assets: (i) any real rights over real estate; (ii) real rights over real estate, shares, debentures, subscription bonuses, their coupons, rights, subscription receipts and split certificates, securities deposit certificates, debenture notes, investment fund shares, promissory notes, and any other securities, as long as the issuers registered with the CVM and whose activities are permitted for real estate investment funds.

Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) Headlines

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