Melcor Developments Ltd
TSX:MRD
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.3), the stock would be worth CA$13.15 (32% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.5 | CA$19.34 |
0%
|
| 3-Year Average | 0.3 | CA$13.15 |
-32%
|
| 5-Year Average | 0.3 | CA$14.1 |
-27%
|
| Industry Average | 0.8 | CA$34.99 |
+81%
|
| Country Average | 2.7 | CA$112.08 |
+479%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Melcor Developments Ltd
TSX:MRD
|
582.2m CAD | 0.5 | 10 | |
| HK |
|
China Resources Land Ltd
HKEX:1109
|
229.6B HKD | 0.7 | 7.5 | |
| VN |
V
|
Vinhomes JSC
VN:VHM
|
580T VND | 2.4 | 13.8 | |
| HK |
|
CK Asset Holdings Ltd
HKEX:1113
|
169.9B HKD | 0.4 | 15.6 | |
| HK |
|
Henderson Land Development Co Ltd
HKEX:12
|
147B HKD | 0.5 | 25.8 | |
| HK |
|
China Overseas Land & Investment Ltd
HKEX:688
|
135.5B HKD | 0.3 | 9.5 | |
| HK |
|
Sino Land Co Ltd
HKEX:83
|
117B HKD | 0.7 | 31.4 | |
| CN |
|
China Merchants Shekou Industrial Zone Holdings Co Ltd
SZSE:001979
|
75.4B CNY | 0.8 | 73.6 | |
| CN |
|
Poly Developments and Holdings Group Co Ltd
SSE:600048
|
68.7B CNY | 0.3 | -71.4 | |
| IN |
|
Macrotech Developers Ltd
NSE:LODHA
|
839.8B INR | 3.8 | 26.1 | |
| CN |
|
Longfor Group Holdings Ltd
HKEX:960
|
58B HKD | 0.3 | 50.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
Melcor Developments Ltd
Glance View
Melcor Developments Ltd. is a diversified real estate development and asset management company, which develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses. The company is headquartered in Edmonton, Alberta and currently employs 124 full-time employees. The firm develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. The firm's divisions include community development, property development, investment properties, REIT and recreational property divisions. Community development is engaged in acquiring raw land for commercial and residential community development. Property development is engaged in developing retail, office and industrial income producing properties on serviced commercial sites developed by community development. Investment properties manages and leases the commercial developments produced by the property development. The REIT owns and holds approximately 39 income producing properties. Recreational Properties owns and operates championship golf courses associated with its residential communities.
