Myland Developments (COL:MDL.N0000) Price-to-Tangible-Book : (As of Jun. 02, 2024)

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What is Myland Developments Price-to-Tangible-Book?

As of today (2024-06-02), Myland Developments's share price is රු8.70. Myland Developments's Tangible Book per Share of . 20 for the quarter that ended in . 20 was රු0.00. Hence, Myland Developments's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Myland Developments's Price-to-Tangible-Book or its related term are showing as below:

COL:MDL.N0000's Price-to-Tangible-Book is not ranked ^*
in the Real Estate industry.
Industry Median: 0.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Myland Developments's share price is රු8.70. Myland Developments's Book Value per Sharefor the quarter that ended in . 20 was රු0.00. Hence, Myland Developments's P/B Ratio of today is .

Myland Developments Price-to-Tangible-Book Historical Data

The historical data trend for Myland Developments'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.

Myland Developments Price-to-Tangible-Book Chart

Myland Developments Annual Data

Trend

Price-to-Tangible-Book

Myland Developments Semi-Annual Data

Price-to-Tangible-Book

Competitive Comparison of Myland Developments's Price-to-Tangible-Book

For the Real Estate - Diversified subindustry, Myland Developments'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.

Myland Developments's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

* The bar in red indicates where Myland Developments's Price-to-Tangible-Book falls into.

Myland Developments Price-to-Tangible-Book Calculation

Myland Developments's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: . 20 )
	=	8.70	/
	=

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Myland Developments Price-to-Tangible-Book Related Terms

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

Myland Developments (COL:MDL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Myland Developments PLC (COL:MDL.N0000) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kandy Road, 143/A/02, Kadawatha, LKA

Website

https://www.myland.lk

Myland Developments Plc is engaged in developing and selling land plots for residential or commercial purposes with business operations carried out predominantly in the Western province of Sri Lanka. Its services include Land Sales, Real Estate Consultancy, Property Brokering, and Property Financing among others.

Myland Developments (COL:MDL.N0000) Headlines

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