Mercedes-Benz Group AG (Mercedes-Benz Group AG) Price-to-Tangible-Book : 1.03 (As of Apr. 25, 2024)

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What is Mercedes-Benz Group AG Price-to-Tangible-Book?

As of today (2024-04-25), Mercedes-Benz Group AG's share price is $77.87. Mercedes-Benz Group AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $75.61. Hence, Mercedes-Benz Group AG's Price to Tangible Book Ratio of today is 1.03.

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

MBGAF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82 Med: 1.21 Max: 1.79
Current: 1.05

During the past 13 years, Mercedes-Benz Group AG's highest Price to Tangible Book Ratio was 1.79. The lowest was 0.82. And the median was 1.21.

MBGAF's Price-to-Tangible-Book is ranked better than
65.36% of 1198 companies
in the Vehicles & Parts industry
Industry Median: 1.675 vs MBGAF: 1.05

A closely related ratio is called PB Ratio. As of today, Mercedes-Benz Group AG's share price is $77.87. Mercedes-Benz Group AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was $93.55. Hence, Mercedes-Benz Group AG's P/B Ratio of today is 0.83.

Mercedes-Benz Group AG Price-to-Tangible-Book Historical Data

The historical data trend for Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG Price-to-Tangible-Book Chart

Mercedes-Benz Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.97

1.17

1.28

0.95

0.91

Mercedes-Benz Group AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.95	1.05	1.12	0.94	0.91

Competitive Comparison of Mercedes-Benz Group AG's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Price-to-Tangible-Book distribution charts can be found below:

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

Mercedes-Benz Group AG Price-to-Tangible-Book Calculation

Mercedes-Benz Group AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	77.87	/	75.613
	=	1.03

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.

Mercedes-Benz Group AG Price-to-Tangible-Book Related Terms

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

Mercedes-Benz Group AG (Mercedes-Benz Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (OTCPK:MBGAF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MBGYY:USA DAI:Romania MBG:Mexico DAIMLER:Hungary MBGd:UK 0NXX:UK MBG:Germany MBG:Austria

Address

Mercedesstrasse 120, Stuttgart, BW, DEU, 70372

Website

https://www.daimler.com

Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).

Executives