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Major Drilling Group International (TSX:MDI) Price-to-Tangible-Book : 1.39 (As of Dec. 14, 2024)


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What is Major Drilling Group International Price-to-Tangible-Book?

As of today (2024-12-14), Major Drilling Group International's share price is C$8.64. Major Drilling Group International's Tangible Book per Share of Oct. 2024 for the quarter that ended in Oct. 2024 was C$6.21. Hence, Major Drilling Group International's Price to Tangible Book Ratio of today is 1.39.

The historical rank and industry rank for Major Drilling Group International's Price-to-Tangible-Book or its related term are showing as below:

TSX:MDI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 1.66   Max: 2.89
Current: 1.39

During the past 13 years, Major Drilling Group International's highest Price to Tangible Book Ratio was 2.89. The lowest was 0.83. And the median was 1.66.

TSX:MDI's Price-to-Tangible-Book is ranked worse than
52.49% of 2166 companies
in the Metals & Mining industry
Industry Median: 1.29 vs TSX:MDI: 1.39

A closely related ratio is called PB Ratio. As of today, Major Drilling Group International's share price is C$8.64. Major Drilling Group International's Book Value per Sharefor the quarter that ended in Oct. 2024 was C$6.51. Hence, Major Drilling Group International's P/B Ratio of today is 1.33.


Major Drilling Group International Price-to-Tangible-Book Historical Data

The historical data trend for Major Drilling Group International'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.

Major Drilling Group International Price-to-Tangible-Book Chart

Major Drilling Group International Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 2.07 2.89 2.03 1.67

Major Drilling Group International Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1.29 1.50 1.67 1.58 1.35

Competitive Comparison of Major Drilling Group International's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.


Major Drilling Group International's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's Price-to-Tangible-Book falls into.



Major Drilling Group International Price-to-Tangible-Book Calculation

Major Drilling Group International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2024 )
=8.64/6.213
=1.39

* 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.


Major Drilling Group International Price-to-Tangible-Book Related Terms

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


Major Drilling Group International Business Description

Traded in Other Exchanges
Address
111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7
Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from Canada - the United States.
Executives
Ghislain Leblanc Senior Officer
Louis-pierre Gignac Director
Barry Lee Zerbin Senior Officer
Denis Joseph Larocque Senior Officer
Kimberly Keating Director
Ashley Sedrick Martin Senior Officer
Ian Ross Senior Officer
Marc Landry Senior Officer
Jo Mark Zurel Director
Janice Gaye Rennie Director
John Ross Davies Senior Officer
Benjamin Luke Graham Senior Officer
Robert Ljubomir Krcmarov Director
L.p. Mill Road Capital Iii 10% Security Holder
James Andrew Mclaughlin Senior Officer

Major Drilling Group International Headlines

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