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MFS Multimarketome Trust (MFS Multimarketome Trust) Price-to-Tangible-Book : 0.99 (As of May. 11, 2024)


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What is MFS Multimarketome Trust Price-to-Tangible-Book?

As of today (2024-05-11), MFS Multimarketome Trust's share price is $4.59. MFS Multimarketome Trust's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $4.66. Hence, MFS Multimarketome Trust's Price to Tangible Book Ratio of today is 0.99.

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

MMT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86   Med: 0.92   Max: 1.08
Current: 0.98

During the past 7 years, MFS Multimarketome Trust's highest Price to Tangible Book Ratio was 1.08. The lowest was 0.86. And the median was 0.92.

MMT's Price-to-Tangible-Book is ranked worse than
54.1% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs MMT: 0.98

A closely related ratio is called PB Ratio. As of today, MFS Multimarketome Trust's share price is $4.59. MFS Multimarketome Trust's Book Value per Sharefor the quarter that ended in Oct. 2023 was $4.66. Hence, MFS Multimarketome Trust's P/B Ratio of today is 0.99.


MFS Multimarketome Trust Price-to-Tangible-Book Historical Data

The historical data trend for MFS Multimarketome 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.

MFS Multimarketome Trust Price-to-Tangible-Book Chart

MFS Multimarketome Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.94 0.92 1.08 0.91 0.91

MFS Multimarketome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.08 0.94 0.91 0.92 0.91

Competitive Comparison of MFS Multimarketome Trust's Price-to-Tangible-Book

For the Asset Management subindustry, MFS Multimarketome 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.


MFS Multimarketome Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



MFS Multimarketome Trust Price-to-Tangible-Book Calculation

MFS Multimarketome Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=4.59/4.658
=0.99

* 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.


MFS Multimarketome Trust Price-to-Tangible-Book Related Terms

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


MFS Multimarketome Trust (MFS Multimarketome Trust) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
MFS Multimarket Income Trust is a diversified closed-end management investment company. Its investment objective is to seek high current income, but may also consider capital appreciation. The fund invests a majority of its net assets in fixed-income securities, corporate bonds of the U.S and foreign issuers, U.S Government securities, foreign government securities, mortgage-backed and other asset-backed securities of U.S and foreign issuers, and debt instruments of issuers located in emerging market countries. The portfolio of investments comprises of different sector investments such as aerospace, airlines, automotive, chemicals, electronics, and others.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Neeraj Arora other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
John David Mitchell other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Steven E Buller director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: ADVISOR TO OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Henry Peabody other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Andy Li other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael Skatrud other: Portfolio Manager MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 01760
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199