Mayberry Jamaican Equities (XJAM:MJE) Price-to-Tangible-Book : 0.64 (As of Jun. 24, 2024)

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What is Mayberry Jamaican Equities Price-to-Tangible-Book?

As of today (2024-06-24), Mayberry Jamaican Equities's share price is JMD9.31. Mayberry Jamaican Equities's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was JMD14.52. Hence, Mayberry Jamaican Equities's Price to Tangible Book Ratio of today is 0.64.

The historical rank and industry rank for Mayberry Jamaican Equities's Price-to-Tangible-Book or its related term are showing as below:

XJAM:MJE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64 Med: 0.74 Max: 0.78
Current: 0.64

During the past 7 years, Mayberry Jamaican Equities's highest Price to Tangible Book Ratio was 0.78. The lowest was 0.64. And the median was 0.74.

XJAM:MJE's Price-to-Tangible-Book is ranked better than
84.57% of 1620 companies
in the Asset Management industry
Industry Median: 0.94 vs XJAM:MJE: 0.64

A closely related ratio is called PB Ratio. As of today, Mayberry Jamaican Equities's share price is JMD9.31. Mayberry Jamaican Equities's Book Value per Sharefor the quarter that ended in Dec. 2023 was JMD14.52. Hence, Mayberry Jamaican Equities's P/B Ratio of today is 0.64.

Mayberry Jamaican Equities Price-to-Tangible-Book Historical Data

The historical data trend for Mayberry Jamaican Equities'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.

Mayberry Jamaican Equities Price-to-Tangible-Book Chart

Mayberry Jamaican Equities Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.77

0.74

0.72

0.78

0.69

Mayberry Jamaican Equities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.78	0.73	0.68	0.69	0.69

Competitive Comparison of Mayberry Jamaican Equities's Price-to-Tangible-Book

For the Asset Management subindustry, Mayberry Jamaican Equities'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.

Mayberry Jamaican Equities's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Mayberry Jamaican Equities's Price-to-Tangible-Book falls into.

Mayberry Jamaican Equities Price-to-Tangible-Book Calculation

Mayberry Jamaican Equities's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	9.31	/	14.523
	=	0.64

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.

Mayberry Jamaican Equities Price-to-Tangible-Book Related Terms

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

Mayberry Jamaican Equities (XJAM:MJE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mayberry Jamaican Equities Ltd (XJAM:MJE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bourbon Street, Suite 1, 1st Floor, Bourbon House, Castries, LCA

Website

https://www.mayberryinv.com

Mayberry Jamaican Equities Ltd is an investment holding company with a view to achieve long term capital appreciation, while preserving capital, by investing in public equity services in Jamaica. Its business activities include treasury and trading, investment banking, asset management, pension fund management, and managed equity portfolio. Its investment banking services comprise of Debt Raising, Advisory Services, Mergers, and Acquisitions, Divestitures, and Equity Raising.

Mayberry Jamaican Equities (XJAM:MJE) Headlines

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