Melewar Industrial Group Bhd (XKLS:3778) Price-to-Tangible-Book : 0.23 (As of May. 17, 2024)

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What is Melewar Industrial Group Bhd Price-to-Tangible-Book?

As of today (2024-05-17), Melewar Industrial Group Bhd's share price is RM0.255. Melewar Industrial Group Bhd's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was RM1.13. Hence, Melewar Industrial Group Bhd's Price to Tangible Book Ratio of today is 0.23.

The historical rank and industry rank for Melewar Industrial Group Bhd's Price-to-Tangible-Book or its related term are showing as below:

XKLS:3778' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.13 Med: 0.24 Max: 0.57
Current: 0.23

During the past 13 years, Melewar Industrial Group Bhd's highest Price to Tangible Book Ratio was 0.57. The lowest was 0.13. And the median was 0.24.

XKLS:3778's Price-to-Tangible-Book is ranked better than
96.35% of 603 companies
in the Steel industry
Industry Median: 1.05 vs XKLS:3778: 0.23

A closely related ratio is called PB Ratio. As of today, Melewar Industrial Group Bhd's share price is RM0.255. Melewar Industrial Group Bhd's Book Value per Sharefor the quarter that ended in Dec. 2023 was RM1.13. Hence, Melewar Industrial Group Bhd's P/B Ratio of today is 0.23.

Melewar Industrial Group Bhd Price-to-Tangible-Book Historical Data

The historical data trend for Melewar Industrial Group Bhd'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.

Melewar Industrial Group Bhd Price-to-Tangible-Book Chart

Melewar Industrial Group Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.13

0.23

0.50

0.26

0.21

Melewar Industrial Group Bhd 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															0.24	0.24	0.21	0.25	0.23

Competitive Comparison of Melewar Industrial Group Bhd's Price-to-Tangible-Book

For the Steel subindustry, Melewar Industrial Group Bhd'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.

Melewar Industrial Group Bhd's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Melewar Industrial Group Bhd's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Melewar Industrial Group Bhd's Price-to-Tangible-Book falls into.

Melewar Industrial Group Bhd Price-to-Tangible-Book Calculation

Melewar Industrial Group Bhd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.255	/	1.128
	=	0.23

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.

Melewar Industrial Group Bhd Price-to-Tangible-Book Related Terms

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

Melewar Industrial Group Bhd (XKLS:3778) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Melewar Industrial Group Bhd (XKLS:3778) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200

Website

http://www.melewar-mig.com

Melewar Industrial Group Bhd operates in four segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group operates in Malaysia.

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