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MS (Morgan Stanley) PB Ratio : 2.05 (As of Oct. 31, 2024)


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What is Morgan Stanley 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 (2024-10-31), Morgan Stanley's share price is $116.25. Morgan Stanley's Book Value per Share for the quarter that ended in Jun. 2024 was $56.80. Hence, Morgan Stanley's PB Ratio of today is 2.05.

Warning Sign:

Morgan Stanley stock PB Ratio (=2.08) is close to 10-year high of 2.13

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

MS' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.22   Max: 2.13
Current: 2.05

During the past 13 years, Morgan Stanley's highest PB Ratio was 2.13. The lowest was 0.65. And the median was 1.22.

MS's PB Ratio is ranked worse than
63.65% of 762 companies
in the Capital Markets industry
Industry Median: 1.385 vs MS: 2.05

During the past 12 months, Morgan Stanley's average Book Value Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Morgan Stanley was 52.30% per year. The lowest was -27.70% per year. And the median was 7.40% per year.

Back to Basics: PB Ratio


Morgan Stanley PB Ratio Historical Data

The historical data trend for Morgan Stanley'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.

Morgan Stanley PB Ratio Chart

Morgan Stanley Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.34 1.78 1.56 1.68

Morgan Stanley Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 1.68 1.69 1.71 -

Competitive Comparison of Morgan Stanley's PB Ratio

For the Capital Markets subindustry, Morgan Stanley'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.


Morgan Stanley's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Morgan Stanley's PB Ratio distribution charts can be found below:

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



Morgan Stanley 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.

Morgan Stanley's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=116.25/56.8
=2.05

* 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.

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

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.


Morgan Stanley  (NYSE:MS) 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.


Morgan Stanley PB Ratio Related Terms

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


Morgan Stanley Business Description

Address
1585 Broadway, New York, NY, USA, 10036
Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments with approximately 45% of net revenue from its institutional securities business, 45% from wealth management, and 10% from investment management. About 30% of its total revenue is from outside the Americas. The company had over $5 trillion of client assets as well as around 80,000 employees at the end of 2023.
Executives
Mandell Crawley officer: Chief Human Resources Officer 1585 BROADWAY, NEW YORK NY 10036
Sharon Yeshaya officer: Chief Financial Officer C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Raja Akram officer: Deputy Chief Financial Officer 1585 BROADWAY, NEW YORK NY 10036
Daniel A Simkowitz officer: Head of Investment Management C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Robert H Herz director C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
James P Gorman other: Business Unit Head C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Smith Charles Aubrey Iii officer: Chief Risk Officer 1585 BROADWAY, NEW YORK NY 10036
Andrew M Saperstein officer: Head of Wealth Management 1585 BROADWAY, NEW YORK NY 10036
Eric F Grossman officer: Chief Legal Officer C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Edward N Pick officer: Head of Inst'l Securities 1585 BROADWAY, NEW YORK NY 10036
Thomas H Glocer director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Alistair Darling director C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK X1 10036
Masato Miyachi director C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK NY 10036
Stephen J Luczo director
Keishi Hotsuki officer: Interim Chief Risk Officer C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036