P/B values of MIN the last 3 years
|
Column 1 |
Column 2 |
Column 3 |
Column 4 |
| 1 |
year |
2015 |
2016 |
2017 |
| 2 |
equity |
$ 1,082,000,000 |
$ 1,008,000,000 |
$ 1,132,000,000 |
| 3 |
share capital |
188000000 |
187000000 |
187000000 |
| 4 |
book value p/s |
$ 5.76 |
$ 5.39 |
$ 6.05 |
| 5 |
share price |
$ 6.60 |
$ 8.13 |
$ 10.85 |
| 6 |
P/B ratio |
1.15 |
1.51 |
1.79 |
share price is has been running away from the book value per share over the last 3 financial years.
there are plus and minuses to high PB
plus: growth confidence in company
minus: share price could tank on negative announcement
IMO i dont want shares in a company that is that over valued.
good luck to CE but if you win im out!
