GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mfs Intermediate High Income Fund (NYSE:CIF) » Definitions » Price-to-Tangible-Book

Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Price-to-Tangible-Book : 0.93 (As of May. 01, 2024)


View and export this data going back to . Start your Free Trial

What is Mfs Intermediate Highome Fund Price-to-Tangible-Book?

As of today (2024-05-01), Mfs Intermediate Highome Fund's share price is $1.68. Mfs Intermediate Highome Fund's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $1.82. Hence, Mfs Intermediate Highome Fund's Price to Tangible Book Ratio of today is 0.93.

The historical rank and industry rank for Mfs Intermediate Highome Fund's Price-to-Tangible-Book or its related term are showing as below:

CIF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9   Med: 1   Max: 1.28
Current: 0.92

During the past 7 years, Mfs Intermediate Highome Fund's highest Price to Tangible Book Ratio was 1.28. The lowest was 0.90. And the median was 1.00.

CIF's Price-to-Tangible-Book is ranked better than
57.7% of 1624 companies
in the Asset Management industry
Industry Median: 0.94 vs CIF: 0.92

A closely related ratio is called PB Ratio. As of today, Mfs Intermediate Highome Fund's share price is $1.68. Mfs Intermediate Highome Fund's Book Value per Sharefor the quarter that ended in Nov. 2023 was $1.82. Hence, Mfs Intermediate Highome Fund's P/B Ratio of today is 0.93.


Mfs Intermediate Highome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Mfs Intermediate Highome Fund'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.

Mfs Intermediate Highome Fund Price-to-Tangible-Book Chart

Mfs Intermediate Highome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.05 1.00 1.28 1.00 0.90

Mfs Intermediate Highome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 1.28 1.07 1.00 0.90 0.90

Competitive Comparison of Mfs Intermediate Highome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Mfs Intermediate Highome Fund'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.


Mfs Intermediate Highome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfs Intermediate Highome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mfs Intermediate Highome Fund's Price-to-Tangible-Book falls into.



Mfs Intermediate Highome Fund Price-to-Tangible-Book Calculation

Mfs Intermediate Highome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=1.68/1.816
=0.93

* 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.


Mfs Intermediate Highome Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Mfs Intermediate Highome Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
Mfs Intermediate High Income Fund is a United States based diversified closed-end management investment company. Its investment objective is to seek high current income but may also consider capital appreciation. The fund invests a majority of its net assets, including borrowings for investment purposes, in high-income debt instruments. Its portfolio of investments includes investment in different sectors such as aerospace, automotive, broadcasting, building, business services, cable TV, chemicals, construction, and other sectors.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Jacques Jr Goulet other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael Skatrud other: Portfolio Manager MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 01760
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain other: Officer of Advisor MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John A Caroselli director ONE METROTECH CENTER, BROOKLYN NY 11201
Heidi Hardin officer: Secretary MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Christopher R. Bohane officer: Assistant Secretary 111 HUNTINGTON AVENUE, BOSTON MA 02199

Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Headlines