Mast Energy Developments (LSE:MAST) Price-to-Tangible-Book : 0.14 (As of May. 27, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Mast Energy Developments Price-to-Tangible-Book?

As of today (2024-05-27), Mast Energy Developments's share price is £0.002. Mast Energy Developments's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.01. Hence, Mast Energy Developments's Price to Tangible Book Ratio of today is 0.14.

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

LSE:MAST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.14 Med: 0.66 Max: 2.08
Current: 0.2

During the past 3 years, Mast Energy Developments's highest Price to Tangible Book Ratio was 2.08. The lowest was 0.14. And the median was 0.66.

LSE:MAST's Price-to-Tangible-Book is ranked better than
97.49% of 399 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.46 vs LSE:MAST: 0.20

A closely related ratio is called PB Ratio. As of today, Mast Energy Developments's share price is £0.002. Mast Energy Developments's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.01. Hence, Mast Energy Developments's P/B Ratio of today is 0.14.

Mast Energy Developments Price-to-Tangible-Book Historical Data

The historical data trend for Mast Energy 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.

Mast Energy Developments Price-to-Tangible-Book Chart

Mast Energy Developments Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.08

0.66

0.39

Mast Energy Developments Semi-Annual Data
	Mar20	Mar21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	0.76	0.66	0.56	0.39

Competitive Comparison of Mast Energy Developments's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Mast Energy 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.

Mast Energy Developments's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mast Energy Developments's Price-to-Tangible-Book distribution charts can be found below:

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

Mast Energy Developments Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.002	/	0.014
	=	0.14

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.

Mast Energy Developments Price-to-Tangible-Book Related Terms

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

Mast Energy Developments (LSE:MAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mast Energy Developments PLC (LSE:MAST) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

97D:Germany

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.med.energy

Mast Energy Developments PLC is a UK-based multi-asset operator in the Reserve Power market. The company's business is to acquire and develop a portfolio of flexible small-scale power generation assets, exploiting a growing niche market in the UK for reserve power generation to balance out the national grid at critical times.

Mast Energy Developments (LSE:MAST) Headlines

No Headlines