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Manchester & London Investment Trust (LSE:MNL) Price-to-Tangible-Book : 1.03 (As of Jun. 01, 2024)


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What is Manchester & London Investment Trust Price-to-Tangible-Book?

As of today (2024-06-01), Manchester & London Investment Trust's share price is £6.98. Manchester & London Investment Trust's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was £6.79. Hence, Manchester & London Investment Trust's Price to Tangible Book Ratio of today is 1.03.

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

LSE:MNL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79   Med: 0.85   Max: 1.03
Current: 1.03

During the past 13 years, Manchester & London Investment Trust's highest Price to Tangible Book Ratio was 1.03. The lowest was 0.79. And the median was 0.85.

LSE:MNL's Price-to-Tangible-Book is ranked worse than
63.58% of 1620 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:MNL: 1.03

A closely related ratio is called PB Ratio. As of today, Manchester & London Investment Trust's share price is £6.98. Manchester & London Investment Trust's Book Value per Sharefor the quarter that ended in Jan. 2024 was £6.79. Hence, Manchester & London Investment Trust's P/B Ratio of today is 1.03.


Manchester & London Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for Manchester & London 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.

Manchester & London Investment Trust Price-to-Tangible-Book Chart

Manchester & London Investment Trust Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.01 0.86 0.79 0.82

Manchester & London Investment Trust Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.80 0.79 0.79 0.82 0.84

Competitive Comparison of Manchester & London Investment Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Manchester & London 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.


Manchester & London Investment Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



Manchester & London Investment Trust Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=6.98/6.789
=1.03

* 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.


Manchester & London Investment Trust Price-to-Tangible-Book Related Terms

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


Manchester & London Investment Trust (LSE:MNL) Business Description

Traded in Other Exchanges
Address
12a Princes Gate Mews, London, GBR, SW7 2PS
Manchester & London Investment Trust PLC is an investment company. It invests in companies whose shares are admitted to trading on a regulated market. The investment objective of the company is to achieve capital appreciation together with a reasonable level of income. It may invest in derivatives, money market instruments, currency instruments, contracts for differences (CFDs), futures, forwards, and options for the purposes of holding investments and hedging positions against movements in equity markets, currencies, and interest rates.

Manchester & London Investment Trust (LSE:MNL) Headlines

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