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Mears Group (LSE:MER) Price-to-Tangible-Book : 5.73 (As of May. 10, 2024)


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What is Mears Group Price-to-Tangible-Book?

As of today (2024-05-10), Mears Group's share price is £3.87. Mears Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.68. Hence, Mears Group's Price to Tangible Book Ratio of today is 5.73.

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

LSE:MER' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.78   Med: 3.7   Max: 8.02
Current: 5.69

During the past 13 years, Mears Group's highest Price to Tangible Book Ratio was 8.02. The lowest was 2.78. And the median was 3.70.

LSE:MER's Price-to-Tangible-Book is ranked worse than
73.68% of 76 companies
in the Personal Services industry
Industry Median: 2.28 vs LSE:MER: 5.69

A closely related ratio is called PB Ratio. As of today, Mears Group's share price is £3.87. Mears Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was £1.95. Hence, Mears Group's P/B Ratio of today is 1.99.


Mears Group Price-to-Tangible-Book Historical Data

The historical data trend for Mears Group'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.

Mears Group Price-to-Tangible-Book Chart

Mears Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 8.02 2.80 2.78 4.59

Mears Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 2.80 2.29 2.78 3.64 4.59

Competitive Comparison of Mears Group's Price-to-Tangible-Book

For the Personal Services subindustry, Mears Group'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.


Mears Group's Price-to-Tangible-Book Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Mears Group's Price-to-Tangible-Book distribution charts can be found below:

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



Mears Group Price-to-Tangible-Book Calculation

Mears Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.87/0.675
=5.73

* 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 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.


Mears Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Mears Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Mears Group (LSE:MER) Business Description

Traded in Other Exchanges
Address
1390 Montpellier Court, Gloucester Business Park, Brockworth, Gloucester, GBR, GL3 4AH
Mears Group PLC is a UK-based company engaged in providing social housing repairs and maintenance. It provides services consisting of full housing management solutions, provision of a range of outsourced services to the public and private sectors, repairs, and maintenance, turnkey solutions for energy efficiency, development of new homes, and home improvements.

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