Merck KGaA (Merck KGaA) Price-to-Tangible-Book

: 27.13 (As of Today)

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As of today (2024-04-19), Merck KGaA's share price is $31.09. Merck KGaA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.15. Hence, Merck KGaA's Price to Tangible Book Ratio of today is 27.13.

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

MKKGY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 27.43 Med: 98.52 Max: 387.37
Current: 28.01

During the past 13 years, Merck KGaA's highest Price to Tangible Book Ratio was 387.37. The lowest was 27.43. And the median was 98.52.

MKKGY's Price-to-Tangible-Book is ranked worse than
96.56% of 872 companies
in the Drug Manufacturers industry
Industry Median: 2.285 vs MKKGY: 28.01

A closely related ratio is called PB Ratio. As of today, Merck KGaA's share price is $31.09. Merck KGaA's Book Value per Sharefor the quarter that ended in Dec. 2023 was $13.38. Hence, Merck KGaA's P/B Ratio of today is 2.32.

Merck KGaA Price-to-Tangible-Book Historical Data

The historical data trend for Merck KGaA'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.

Merck KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

389.70

27.86

Merck KGaA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																389.70	67.51	36.27	22.35	27.86

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Merck KGaA'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.

Merck KGaA Price-to-Tangible-Book Distribution

For the Drug Manufacturers industry and Healthcare sector, Merck KGaA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Merck KGaA's Price-to-Tangible-Book falls into.

Merck KGaA Price-to-Tangible-Book Calculation

Merck KGaA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	31.09	/	1.146
	=	27.13

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.

Merck KGaA Price-to-Tangible-Book Related Terms

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Merck KGaA (Merck KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Merck KGaA (OTCPK:MKKGY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MKGAF:USA MRK:Italy MRKd:UK 0O14:UK MRK:Germany MRCK:Austria

Address

Frankfurter Strasse 250, Darmstadt, HE, DEU, 64293

Website

https://www.emdgroup.com

Merck KGaA operates in three main segments: life sciences, performance materials, and healthcare. The life sciences segment (47% of 2022 sales) primarily provides laboratory consumables and services to researchers in academia and applied fields, including the biopharmaceutical industry. In the healthcare segment (35%), Merck develops, manufactures, and sells branded pharmaceuticals with significant therapeutic concentrations in oncology, multiple sclerosis, and fertility. In its electronics segment (18%), the company offers specialty materials to manufacture a variety of products, such as semiconductors, flat-screen televisions, automobiles, and cosmetics. In 1995, the E. Merck KG family publicly sold part of the company, resulting in the current 30% public ownership of the firm.