Michman Finance (XTAE:MCMN) Price-to-Tangible-Book : 1.61 (As of Jun. 21, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Michman Finance Price-to-Tangible-Book?

As of today (2024-06-21), Michman Finance's share price is ₪148.90. Michman Finance's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₪92.66. Hence, Michman Finance's Price to Tangible Book Ratio of today is 1.61.

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

XTAE:MCMN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.61 Med: 2.37 Max: 3.67
Current: 1.61

During the past 5 years, Michman Finance's highest Price to Tangible Book Ratio was 3.67. The lowest was 1.61. And the median was 2.37.

XTAE:MCMN's Price-to-Tangible-Book is ranked worse than
67.2% of 497 companies
in the Credit Services industry
Industry Median: 1.03 vs XTAE:MCMN: 1.61

A closely related ratio is called PB Ratio. As of today, Michman Finance's share price is ₪148.90. Michman Finance's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₪93.86. Hence, Michman Finance's P/B Ratio of today is 1.59.

Michman Finance Price-to-Tangible-Book Historical Data

The historical data trend for Michman Finance'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.

Michman Finance Price-to-Tangible-Book Chart

Michman Finance Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

3.67

2.37

Michman Finance Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial					-	2.37	1.99	2.46	1.76

Competitive Comparison of Michman Finance's Price-to-Tangible-Book

For the Credit Services subindustry, Michman Finance'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.

Michman Finance's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Michman Finance's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Michman Finance's Price-to-Tangible-Book falls into.

Michman Finance Price-to-Tangible-Book Calculation

Michman Finance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	148.90	/	92.664
	=	1.61

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.

Michman Finance Price-to-Tangible-Book Related Terms

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

Michman Finance (XTAE:MCMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Michman Finance Ltd (XTAE:MCMN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

BSR Towers 3, 29th Floor, Bnei Brak, ISR, 5126237

Website

https://www.michman-loans.co.il

Michman Finance Ltd is engaged in providing a variety of loans and non-bank services to businesses. The products of the company comprise Discount checks, Extended license, Import financing, Business Mediation loans, and Extended license, among others.

Michman Finance (XTAE:MCMN) Headlines

No Headlines