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Montanaro European Smaller Trust (LSE:MTE) Price-to-Tangible-Book : 0.86 (As of Dec. 14, 2024)


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What is Montanaro European Smaller Trust Price-to-Tangible-Book?

As of today (2024-12-14), Montanaro European Smaller Trust's share price is £1.4275. Montanaro European Smaller Trust's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was £1.65. Hence, Montanaro European Smaller Trust's Price to Tangible Book Ratio of today is 0.86.

The historical rank and industry rank for Montanaro European Smaller Trust's Price-to-Tangible-Book or its related term are showing as below:

LSE:MTE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82   Med: 0.89   Max: 1.01
Current: 0.87

During the past 13 years, Montanaro European Smaller Trust's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.82. And the median was 0.89.

LSE:MTE's Price-to-Tangible-Book is ranked better than
67.42% of 1602 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:MTE: 0.87

A closely related ratio is called PB Ratio. As of today, Montanaro European Smaller Trust's share price is £1.4275. Montanaro European Smaller Trust's Book Value per Sharefor the quarter that ended in Sep. 2024 was £1.65. Hence, Montanaro European Smaller Trust's P/B Ratio of today is 0.86.


Montanaro European Smaller Trust Price-to-Tangible-Book Historical Data

The historical data trend for Montanaro European Smaller Trust'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.

Montanaro European Smaller Trust Price-to-Tangible-Book Chart

Montanaro European Smaller Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.01 0.98 0.87 0.86

Montanaro European Smaller Trust Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.87 0.87 0.86 0.86 0.88

Competitive Comparison of Montanaro European Smaller Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Montanaro European Smaller Trust'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.


Montanaro European Smaller Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Montanaro European Smaller Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Montanaro European Smaller Trust's Price-to-Tangible-Book falls into.



Montanaro European Smaller Trust Price-to-Tangible-Book Calculation

Montanaro European Smaller Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=1.4275/1.652
=0.86

* 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.


Montanaro European Smaller Trust Price-to-Tangible-Book Related Terms

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


Montanaro European Smaller Trust Business Description

Traded in Other Exchanges
Address
28 Walker Street, Edinburgh, GBR, EH3 7HR
Montanaro European Smaller Companies Trust PLC is an investment trust. The company's investment objective is to achieve capital growth by investing principally in Continental European quoted smaller companies. Its benchmark index is the MSCI Europe SmallCap (ex UK) Index (in sterling terms). It has a presence in Sweden, Germany, Italy, Switzerland, France, Norway, Netherlands, Denmark, Spain, Belgium, Portugal, and Austria. The company invests in Energy, Materials, Industrials, Consumer Discretionary, Consumer Staples, Health Care, Financials, Information Technology, Communication Services, and Property sectors.

Montanaro European Smaller Trust Headlines

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