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Mission Advancement (Mission Advancement) PB Ratio : 1.31 (As of May. 17, 2024)


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What is Mission Advancement PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-17), Mission Advancement's share price is $10.06. Mission Advancement's Book Value per Share for the quarter that ended in Sep. 2022 was $7.70. Hence, Mission Advancement's PB Ratio of today is 1.31.

The historical rank and industry rank for Mission Advancement's PB Ratio or its related term are showing as below:

MACC's PB Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.86
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Mission Advancement PB Ratio Historical Data

The historical data trend for Mission Advancement's PB Ratio 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.

Mission Advancement PB Ratio Chart

Mission Advancement Annual Data
Trend Dec20 Dec21
PB Ratio
- 1.30

Mission Advancement Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
PB Ratio Get a 7-Day Free Trial 1.30 1.30 1.29 1.28 1.27

Competitive Comparison of Mission Advancement's PB Ratio

For the Shell Companies subindustry, Mission Advancement's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Mission Advancement's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Mission Advancement's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mission Advancement's PB Ratio falls into.



Mission Advancement PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Mission Advancement's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2022)
=10.06/7.704
=1.31

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Mission Advancement  (NYSE:MACC) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Mission Advancement PB Ratio Related Terms

Thank you for viewing the detailed overview of Mission Advancement's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mission Advancement (Mission Advancement) Business Description

Traded in Other Exchanges
N/A
Address
2525 E Camelback Road, Suite 850, Phoenix, AZ, USA, 85016
Mission Advancement Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Peter J Keane 10 percent owner, officer: Chief Financial Officer 100 BLOOMFIELD HILLS PARKWAY, STE. 300, BLOOMFIELD HILLS MI 48304
Omar Johnson director 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Stacie Olivares director 2525 E. CAMELBACK RD., STE 850, PHOENIX AZ 85016
Jahm J Najafi director, 10 percent owner, officer: Chief Executive Officer 2525 E CAMELBACK RD, SUITE 850, PHOENIX AZ 85016
Katia Beauchamp director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Mission Advancement Sponsor Llc 10 percent owner MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Dean Schnider officer: COO & Head of Business Devt. MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Attica Jaques director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Tina Rhodes-hall officer: Treasurer MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Kaepernick Colin director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016