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Mit Sim SpA (MIL:MTS) Price-to-Tangible-Book : 1.83 (As of Dec. 12, 2024)


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What is Mit Sim SpA Price-to-Tangible-Book?

As of today (2024-12-12), Mit Sim SpA's share price is €2.62. Mit Sim SpA's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was €1.43. Hence, Mit Sim SpA's Price to Tangible Book Ratio of today is 1.83.

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

MIL:MTS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.83   Med: 2.93   Max: 5.29
Current: 1.83

During the past 5 years, Mit Sim SpA's highest Price to Tangible Book Ratio was 5.29. The lowest was 1.83. And the median was 2.93.

MIL:MTS's Price-to-Tangible-Book is ranked worse than
84.2% of 1601 companies
in the Asset Management industry
Industry Median: 0.95 vs MIL:MTS: 1.83

A closely related ratio is called PB Ratio. As of today, Mit Sim SpA's share price is €2.62. Mit Sim SpA's Book Value per Sharefor the quarter that ended in Jun. 2024 was €1.44. Hence, Mit Sim SpA's P/B Ratio of today is 1.83.


Mit Sim SpA Price-to-Tangible-Book Historical Data

The historical data trend for Mit Sim SpA'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.

Mit Sim SpA Price-to-Tangible-Book Chart

Mit Sim SpA Annual Data
Trend Mar19 Mar20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 4.02 3.05 2.73

Mit Sim SpA Semi-Annual Data
Mar19 Mar20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only 2.93 3.05 2.41 2.73 2.41

Competitive Comparison of Mit Sim SpA's Price-to-Tangible-Book

For the Asset Management subindustry, Mit Sim SpA'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.


Mit Sim SpA's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mit Sim SpA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mit Sim SpA's Price-to-Tangible-Book falls into.



Mit Sim SpA Price-to-Tangible-Book Calculation

Mit Sim SpA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=2.62/1.434
=1.83

* 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.


Mit Sim SpA Price-to-Tangible-Book Related Terms

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


Mit Sim SpA Business Description

Traded in Other Exchanges
N/A
Address
Corso Venezia 16, Serbelloni Palace, Milan, ITA, 20121
Mit Sim SpA is involved in Specialist activities, Order Reception and Transmission Activities, Placement Activities, and Euronext Growth Advisor Activities.

Mit Sim SpA Headlines

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