McGrath (ASX:MEA) PB Ratio : 1.79 (As of May. 11, 2024)

View and export this data going back to 2015. Start your Free Trial

What is McGrath PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), McGrath's share price is A$0.60. McGrath's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.34. Hence, McGrath's PB Ratio of today is 1.79.

The historical rank and industry rank for McGrath's PB Ratio or its related term are showing as below:

ASX:MEA' s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 1.27 Max: 3.73
Current: 1.79

During the past 8 years, McGrath's highest PB Ratio was 3.73. The lowest was 0.49. And the median was 1.27.

ASX:MEA's PB Ratio is ranked worse than
78.56% of 1754 companies
in the Real Estate industry
Industry Median: 0.82 vs ASX:MEA: 1.79

During the past 12 months, McGrath's average Book Value Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 21.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of McGrath was 21.50% per year. The lowest was -36.60% per year. And the median was 1.90% per year.

Back to Basics: PB Ratio

McGrath PB Ratio Historical Data

The historical data trend for McGrath's PB Ratio 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.

McGrath PB Ratio Chart

McGrath Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

1.25

1.05

2.04

1.19

1.06

McGrath Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial												1.93	1.19	1.23	1.06	1.24

Competitive Comparison of McGrath's PB Ratio

For the Real Estate Services subindustry, McGrath's PB Ratio, along with its competitors' market caps and PB Ratio 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.

McGrath's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, McGrath's PB Ratio distribution charts can be found below:

* The bar in red indicates where McGrath's PB Ratio falls into.

McGrath PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

McGrath's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.60	/	0.336
	=	1.79

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

McGrath (ASX:MEA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

McGrath PB Ratio Related Terms

Thank you for viewing the detailed overview of McGrath's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

McGrath (ASX:MEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » McGrath Ltd (ASX:MEA) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Pyrmont Street, Pyrmont, NSW, AUS, 2009

Website

https://www.mcgrath.com.au

McGrath Ltd is a real estate company. It provides a range of services including residential property sales, property management, mortgage broking, auction services, and career training. It operates in the following segments: Company owned sales; Company owned property management; Franchise services; and Other. Geographically, all the business activities of the group function through Australia. The majority of its revenue gets derived from Company owned sales segment that comprises company-owned sales offices for which McGrath earns sales commission revenue including property marketing fees paid by vendor clients.

McGrath (ASX:MEA) Headlines

No Headlines