Mobius Investment Trust (LSE:MMIT) Price-to-Tangible-Book : 0.91 (As of Jun. 03, 2024)

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What is Mobius Investment Trust Price-to-Tangible-Book?

As of today (2024-06-03), Mobius Investment Trust's share price is £1.31. Mobius Investment Trust's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was £1.44. Hence, Mobius Investment Trust's Price to Tangible Book Ratio of today is 0.91.

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

LSE:MMIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91 Med: 0.97 Max: 1.01
Current: 0.91

During the past 5 years, Mobius Investment Trust's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.91. And the median was 0.97.

LSE:MMIT's Price-to-Tangible-Book is ranked better than
58.14% of 1615 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:MMIT: 0.91

A closely related ratio is called PB Ratio. As of today, Mobius Investment Trust's share price is £1.31. Mobius Investment Trust's Book Value per Sharefor the quarter that ended in Nov. 2023 was £1.44. Hence, Mobius Investment Trust's P/B Ratio of today is 0.91.

Mobius Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for Mobius Investment Trust'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.

Mobius Investment Trust Price-to-Tangible-Book Chart

Mobius Investment Trust Annual Data

Trend

Nov19

Nov20

Nov21

Nov22

Nov23

Price-to-Tangible-Book

0.91

0.97

1.01

0.98

0.92

Mobius Investment Trust Semi-Annual Data
	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.01	0.94	0.98	0.98	0.92

Competitive Comparison of Mobius Investment Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Mobius Investment Trust'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.

Mobius Investment Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mobius Investment Trust's Price-to-Tangible-Book distribution charts can be found below:

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

Mobius Investment Trust Price-to-Tangible-Book Calculation

Mobius Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	1.31	/	1.443
	=	0.91

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.

Mobius Investment Trust Price-to-Tangible-Book Related Terms

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

Mobius Investment Trust (LSE:MMIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mobius Investment Trust PLC (LSE:MMIT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MMITl:UK

Address

25 Southampton Buildings, London, GBR, WC2A 1AL

Website

https://www.mobiusinvestmenttrust.com

Mobius Investment Trust PLC is a closed-ended investment company. The company invests in listed or traded companies that are exposed directly or indirectly to emerging or frontier markets, with a view to achieving its investment objective. Its investment objective is to achieve long-term capital growth and income returns predominantly through investment in a diversified portfolio of companies exposed directly or indirectly to emerging or frontier markets.