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More Provident Funds And Pension (XTAE:MPP) Price-to-Tangible-Book : 3.95 (As of Dec. 15, 2024)


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What is More Provident Funds And Pension Price-to-Tangible-Book?

As of today (2024-12-15), More Provident Funds And Pension's share price is ₪7.318. More Provident Funds And Pension's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ₪1.85. Hence, More Provident Funds And Pension's Price to Tangible Book Ratio of today is 3.95.

The historical rank and industry rank for More Provident Funds And Pension's Price-to-Tangible-Book or its related term are showing as below:

XTAE:MPP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.33   Med: 2.98   Max: 4.32
Current: 3.96

During the past 6 years, More Provident Funds And Pension's highest Price to Tangible Book Ratio was 4.32. The lowest was 2.33. And the median was 2.98.

XTAE:MPP's Price-to-Tangible-Book is ranked worse than
91.45% of 1602 companies
in the Asset Management industry
Industry Median: 0.95 vs XTAE:MPP: 3.96

A closely related ratio is called PB Ratio. As of today, More Provident Funds And Pension's share price is ₪7.318. More Provident Funds And Pension's Book Value per Sharefor the quarter that ended in Sep. 2024 was ₪1.92. Hence, More Provident Funds And Pension's P/B Ratio of today is 3.82.


More Provident Funds And Pension Price-to-Tangible-Book Historical Data

The historical data trend for More Provident Funds And Pension'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.

More Provident Funds And Pension Price-to-Tangible-Book Chart

More Provident Funds And Pension Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 3.66 2.33

More Provident Funds And Pension Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.84 2.33 2.84 2.64 2.98

Competitive Comparison of More Provident Funds And Pension's Price-to-Tangible-Book

For the Asset Management subindustry, More Provident Funds And Pension'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.


More Provident Funds And Pension's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, More Provident Funds And Pension's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where More Provident Funds And Pension's Price-to-Tangible-Book falls into.



More Provident Funds And Pension Price-to-Tangible-Book Calculation

More Provident Funds And Pension's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=7.318/1.852
=3.95

* 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.


More Provident Funds And Pension Price-to-Tangible-Book Related Terms

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More Provident Funds And Pension Business Description

Traded in Other Exchanges
N/A
Address
Ben Gurion Road 2, PO Box: 514956465, Ramat Gan, ISR, 5257334
More Provident Funds And Pension Ltd, formerly More Provident Funds Ltd offers variety of long-term savings routes at different risk levels. The company offers provident funds, study funds and investment provident funds.

More Provident Funds And Pension Headlines

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