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Mullen Group (TSX:MTL) Price-to-Tangible-Book : 2.42 (As of Apr. 28, 2024)


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What is Mullen Group Price-to-Tangible-Book?

As of today (2024-04-28), Mullen Group's share price is C$13.10. Mullen Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$5.41. Hence, Mullen Group's Price to Tangible Book Ratio of today is 2.42.

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

TSX:MTL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72   Med: 2.78   Max: 4.37
Current: 2.42

During the past 13 years, Mullen Group's highest Price to Tangible Book Ratio was 4.37. The lowest was 0.72. And the median was 2.78.

TSX:MTL's Price-to-Tangible-Book is ranked worse than
68.41% of 880 companies
in the Transportation industry
Industry Median: 1.42 vs TSX:MTL: 2.42

A closely related ratio is called PB Ratio. As of today, Mullen Group's share price is C$13.10. Mullen Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$10.09. Hence, Mullen Group's P/B Ratio of today is 1.30.


Mullen Group Price-to-Tangible-Book Historical Data

The historical data trend for Mullen Group'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.

Mullen Group Price-to-Tangible-Book Chart

Mullen Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.82 2.55 2.66 2.39

Mullen Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.78 2.79 2.35 2.39 2.69

Competitive Comparison of Mullen Group's Price-to-Tangible-Book

For the Trucking subindustry, Mullen Group'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.


Mullen Group's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's Price-to-Tangible-Book distribution charts can be found below:

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



Mullen Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=13.10/5.405
=2.42

* 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.


Mullen Group Price-to-Tangible-Book Related Terms

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


Mullen Group (TSX:MTL) Business Description

Traded in Other Exchanges
Address
121A - 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings including less-than-truckload, truckload, Specialized & Industrial Services warehousing and logistics, U..S. and International Logistics, and Corporate. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.