Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) PB Ratio : 18.53 (As of May. 25, 2024)

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What is Meka Betonntralleri Imalatnayi ve Ticaret AS 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 (2024-05-25), Meka Betonntralleri Imalatnayi ve Ticaret AS's share price is ₺66.10. Meka Betonntralleri Imalatnayi ve Ticaret AS's Book Value per Share for the quarter that ended in Sep. 2023 was ₺3.57. Hence, Meka Betonntralleri Imalatnayi ve Ticaret AS's PB Ratio of today is 18.53.

The historical rank and industry rank for Meka Betonntralleri Imalatnayi ve Ticaret AS's PB Ratio or its related term are showing as below:

IST:MEKAG' s PB Ratio Range Over the Past 10 Years
Min: 13.64 Med: 18.65 Max: 22.97
Current: 18.54

During the past 3 years, Meka Betonntralleri Imalatnayi ve Ticaret AS's highest PB Ratio was 22.97. The lowest was 13.64. And the median was 18.65.

IST:MEKAG's PB Ratio is ranked worse than
98.42% of 380 companies
in the Building Materials industry
Industry Median: 1.215 vs IST:MEKAG: 18.54

During the past 12 months, Meka Betonntralleri Imalatnayi ve Ticaret AS's average Book Value Per Share Growth Rate was 132.00% per year.

Back to Basics: PB Ratio

Meka Betonntralleri Imalatnayi ve Ticaret AS PB Ratio Historical Data

The historical data trend for Meka Betonntralleri Imalatnayi ve Ticaret AS'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.

Meka Betonntralleri Imalatnayi ve Ticaret AS PB Ratio Chart

Meka Betonntralleri Imalatnayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

PB Ratio

Meka Betonntralleri Imalatnayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Meka Betonntralleri Imalatnayi ve Ticaret AS's PB Ratio

For the Building Materials subindustry, Meka Betonntralleri Imalatnayi ve Ticaret AS'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.

Meka Betonntralleri Imalatnayi ve Ticaret AS's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Meka Betonntralleri Imalatnayi ve Ticaret AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Meka Betonntralleri Imalatnayi ve Ticaret AS's PB Ratio falls into.

Meka Betonntralleri Imalatnayi ve Ticaret AS 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.

Meka Betonntralleri Imalatnayi ve Ticaret AS's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	66.10	/	3.568
	=	18.53

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.

Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) 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.

Meka Betonntralleri Imalatnayi ve Ticaret AS PB Ratio Related Terms

Thank you for viewing the detailed overview of Meka Betonntralleri Imalatnayi ve Ticaret AS's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Meka Betonntralleri Imalatnayi ve Ticaret AS (IST:MEKAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Meka Beton Santralleri Imalat Sanayi ve Ticaret AS (IST:MEKAG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ismet Inonu Blv No. 12, Malikoy Baskent Osb, Ankara, TUR, 06909

Website

https://www.mekaglobal.com/tr

Meka Beton Santralleri Imalat Sanayi ve Ticaret AS is a company engaged in the Production of Concrete Plants and Equipment for Ready-Mixed Concrete Production, Construction and Precast Industries. It has ability and experience to design and produce plants and equipment for every capacity and production type in the production of concrete plants and equipment. MEKA produces crushing, screening and washing equipment for aggregate production, mining and recycling industries.

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