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Momentum Metropolitan Holdings (JSE:MTM) Price-to-Tangible-Book : 1.30 (As of Jun. 21, 2024)


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What is Momentum Metropolitan Holdings Price-to-Tangible-Book?

As of today (2024-06-21), Momentum Metropolitan Holdings's share price is R22.94. Momentum Metropolitan Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R17.59. Hence, Momentum Metropolitan Holdings's Price to Tangible Book Ratio of today is 1.30.

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

JSE:MTM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.24   Med: 2.25   Max: 4.35
Current: 1.3

During the past 13 years, Momentum Metropolitan Holdings's highest Price to Tangible Book Ratio was 4.35. The lowest was 1.24. And the median was 2.25.

JSE:MTM's Price-to-Tangible-Book is ranked better than
52.37% of 464 companies
in the Insurance industry
Industry Median: 1.35 vs JSE:MTM: 1.30

A closely related ratio is called PB Ratio. As of today, Momentum Metropolitan Holdings's share price is R22.94. Momentum Metropolitan Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was R21.02. Hence, Momentum Metropolitan Holdings's P/B Ratio of today is 1.09.


Momentum Metropolitan Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Momentum Metropolitan Holdings'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.

Momentum Metropolitan Holdings Price-to-Tangible-Book Chart

Momentum Metropolitan Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 2.08 2.40 1.28 1.30

Momentum Metropolitan Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.05 1.28 - 1.30 1.24

Competitive Comparison of Momentum Metropolitan Holdings's Price-to-Tangible-Book

For the Insurance - Diversified subindustry, Momentum Metropolitan Holdings'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.


Momentum Metropolitan Holdings's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Momentum Metropolitan Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Momentum Metropolitan Holdings's Price-to-Tangible-Book falls into.



Momentum Metropolitan Holdings Price-to-Tangible-Book Calculation

Momentum Metropolitan Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=22.94/17.585
=1.30

* 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.


Momentum Metropolitan Holdings Price-to-Tangible-Book Related Terms

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


Momentum Metropolitan Holdings (JSE:MTM) Business Description

Traded in Other Exchanges
Address
268 West Avenue, Centurion, GT, ZAF, 0157
Momentum Metropolitan Holdings Ltd is a financial services group. Its core businesses are long- and short-term insurance, asset management, investment, savings, healthcare administration, and employee benefits. Metropolitan and Momentum are the operating brands for offering product and service solutions to all market segments. The firm's operational segments are: Momentum Life, Momentum Investments, Metropolitan Life, Momentum Corporate, Momentum Metropolitan Health, Momentum Metropolitan Africa, Non-life Insurance, New Initiatives and Shareholders.

Momentum Metropolitan Holdings (JSE:MTM) Headlines

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