Banco Macro (Banco Macro) Price-to-Tangible-Book

: 1.20 (As of Today)

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As of today (2024-04-24), Banco Macro's share price is $52.07. Banco Macro's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $43.43. Hence, Banco Macro's Price to Tangible Book Ratio of today is 1.20.

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

BMA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41 Med: 1.63 Max: 3.82
Current: 3.62

During the past 13 years, Banco Macro's highest Price to Tangible Book Ratio was 3.82. The lowest was 0.41. And the median was 1.63.

BMA's Price-to-Tangible-Book is ranked worse than
97.08% of 1440 companies
in the Banks industry
Industry Median: 0.92 vs BMA: 3.62

A closely related ratio is called PB Ratio. As of today, Banco Macro's share price is $52.07. Banco Macro's Book Value per Sharefor the quarter that ended in Sep. 2023 was $45.03. Hence, Banco Macro's P/B Ratio of today is 1.16.

Banco Macro Price-to-Tangible-Book Historical Data

The historical data trend for Banco Macro'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.

Banco Macro Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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1.20

1.00

0.37

0.20

0.36

Banco Macro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.31	0.36	0.37	0.57	0.45

Competitive Comparison

For the Banks - Regional subindustry, Banco Macro'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.

Banco Macro Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, Banco Macro's Price-to-Tangible-Book distribution charts can be found below:

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

Banco Macro Price-to-Tangible-Book Calculation

Banco Macro's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	52.07	/	43.43
	=	1.20

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.

Banco Macro Price-to-Tangible-Book Related Terms

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

Banco Macro (Banco Macro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Macro SA (NYSE:BMA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

B4W:Germany B4W:Germany BMA:Argentina

Address

Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172

Website

https://www.macro.com.ar

Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.