MMG (HKSE:01208) Price-to-Tangible-Book : 2.59 (As of May. 02, 2024)

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What is MMG Price-to-Tangible-Book?

As of today (2024-05-02), MMG's share price is HK$3.72. MMG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.43. Hence, MMG's Price to Tangible Book Ratio of today is 2.59.

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

HKSE:01208' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.38 Med: 5.11 Max: 26.54
Current: 2.6

During the past 13 years, MMG's highest Price to Tangible Book Ratio was 26.54. The lowest was 1.38. And the median was 5.11.

HKSE:01208's Price-to-Tangible-Book is ranked worse than
73.12% of 2236 companies
in the Metals & Mining industry
Industry Median: 1.31 vs HKSE:01208: 2.60

A closely related ratio is called PB Ratio. As of today, MMG's share price is HK$3.72. MMG's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.92. Hence, MMG's P/B Ratio of today is 1.94.

MMG Price-to-Tangible-Book Historical Data

The historical data trend for MMG'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.

MMG Price-to-Tangible-Book Chart

MMG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.43

8.93

1.99

1.38

1.61

MMG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.99	2.09	1.38	1.62	1.61

Competitive Comparison of MMG's Price-to-Tangible-Book

For the Copper subindustry, MMG'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.

MMG's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

MMG Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.72	/	1.434
	=	2.59

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.

MMG Price-to-Tangible-Book Related Terms

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

MMG (HKSE:01208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MMG Ltd (HKSE:01208) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MMLTF:USA OMS1:Germany

Address

79 Chatham Road South, Unit 1208, 12th Floor, China Minmetals Tower, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.mmg.com

MMG Ltd is engaged in the exploration, development, and mining of zinc, copper, gold, silver, and lead deposits around the world. The group has five reportable operating segments namely Dugald River, Kinsevere, Rosebery, Las Bambas, and others. Las Bambas mine is an open-pit, scalable, long-life copper and molybdenum mining operation; Kinsevere is an open-pit copper mining operation located in the Haut-Katanga Province; Dugald River mine is an underground zinc mining operation located near Cloncurry in North West Queensland; Rosebery is an underground polymetallic base metal mining operation located on Tasmania's west coast; and Other Includes corporate entities in the Group. The majority is from the Las Bambas segment. The key revenue by metal is derived from Copper.

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