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National Investment Trust (MSW:NITL) Price-to-Tangible-Book : (As of Jun. 18, 2024)


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What is National Investment Trust Price-to-Tangible-Book?

As of today (2024-06-18), National Investment Trust's share price is MWK411.44. National Investment Trust's Tangible Book per Share of . 20 for the quarter that ended in . 20 was MWK0.00. Hence, National Investment Trust's Price to Tangible Book Ratio of today is .

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

MSW:NITL's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.94
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, National Investment Trust's share price is MWK411.44. National Investment Trust's Book Value per Sharefor the quarter that ended in . 20 was MWK0.00. Hence, National Investment Trust's P/B Ratio of today is .

National Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for National Investment 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.

National Investment Trust Price-to-Tangible-Book Chart

National Investment Trust Annual Data
Trend
Price-to-Tangible-Book

National Investment Trust Semi-Annual Data
Price-to-Tangible-Book

Competitive Comparison of National Investment Trust's Price-to-Tangible-Book

For the Asset Management subindustry, National Investment 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.

National Investment Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where National Investment Trust's Price-to-Tangible-Book falls into.


National Investment Trust Price-to-Tangible-Book Calculation

National Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: . 20 )
=411.44/
=

* 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:

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.

National Investment Trust Price-to-Tangible-Book Related Terms

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

National Investment Trust (MSW:NITL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » National Investment Trust PLC (MSW:NITL) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
N/A
Address
Chibisa House, 19 Glyn Jones Road, Post Office Box 910, Blantyre, MWI
Website
http://www.nitlmw.com
National Investment Trust PLC is a closed-end collective investment scheme company. The principal objective of the company is to provide a vehicle to facilitate broad public participation in a diverse portfolio of equity investments in Malawi. Its portfolio consists of equity investments, bonds, property and equity of property companies and money market investments. The investment portfolio is managed with a view to providing shareholders with a return by way of both annual income and capital growth. It derives revenue in the form of dividend and interest income.

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