Mega African Capital (XGHA:MAC) Price-to-Tangible-Book : 0.67 (As of May. 25, 2024)

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What is Mega African Capital Price-to-Tangible-Book?

As of today (2024-05-25), Mega African Capital's share price is GHS5.38. Mega African Capital's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was GHS8.00. Hence, Mega African Capital's Price to Tangible Book Ratio of today is 0.67.

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

XGHA:MAC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 0.7 Max: 0.72
Current: 0.67

During the past 3 years, Mega African Capital's highest Price to Tangible Book Ratio was 0.72. The lowest was 0.67. And the median was 0.70.

XGHA:MAC's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.96 vs XGHA:MAC: 0.67

A closely related ratio is called PB Ratio. As of today, Mega African Capital's share price is GHS5.38. Mega African Capital's Book Value per Sharefor the quarter that ended in Dec. 2022 was GHS8.00. Hence, Mega African Capital's P/B Ratio of today is 0.67.

Mega African Capital Price-to-Tangible-Book Historical Data

The historical data trend for Mega African Capital'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.

Mega African Capital Price-to-Tangible-Book Chart

Mega African Capital Annual Data

Trend

Dec20

Dec21

Dec22

Price-to-Tangible-Book

0.72

0.67

Mega African Capital Semi-Annual Data
	Dec20	Dec21	Dec22
Price-to-Tangible-Book	-	0.72	0.67

Competitive Comparison of Mega African Capital's Price-to-Tangible-Book

For the Asset Management subindustry, Mega African Capital'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.

Mega African Capital's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Mega African Capital's Price-to-Tangible-Book falls into.

Mega African Capital Price-to-Tangible-Book Calculation

Mega African Capital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2022 )
	=	5.38	/	7.998
	=	0.67

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.

Mega African Capital Price-to-Tangible-Book Related Terms

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

Mega African Capital (XGHA:MAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mega African Capital Ltd (XGHA:MAC) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Sunyani Avenue, The Alberts, 2nd Floor, No. 23 Kanda Estates, Kanda, Accra, GHA

Website

http://www.megafricancapital.com

Mega African Capital Ltd is an investment company. The company's objective is to seek exposure to the potential to generate high real returns. The company invests across three business lines namely, equity unlisted equity and real estate projects. The Company is authorized to undertake the Development, Purchase, Sales and Rental of Real Estates; Investment In Equities; Fixed Income Investments; and Any other Financial Services.