As of today (2024-04-26), Meritor's share price is $36.50. Meritor's Tangible Book per Share of Mar. 2022 for the quarter that ended in Mar. 2022 was $2.47. Hence, Meritor's Price to Tangible Book Ratio of today is 14.77.
The historical rank and industry rank for Meritor's Price-to-Tangible-Book or its related term are showing as below:
MTOR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.55 Med: 11.53 Max: 95.47
Current: 14.78
During the past 13 years, Meritor's highest Price to Tangible Book Ratio was 95.47. The lowest was 2.55. And the median was 11.53.
MTOR's Price-to-Tangible-Book is not ranked
in the Vehicles & Parts industry.
Industry Median: 1.7
vs MTOR: 14.78
A closely related ratio is called PB Ratio. As of today, Meritor's share price is $36.50. Meritor's Book Value per Sharefor the quarter that ended in Mar. 2022 was $9.59. Hence, Meritor's P/B Ratio of today is 3.81.
Meritor Price-to-Tangible-Book Historical Data
The historical data trend for Meritor'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.
Competitive Comparison of Meritor's Price-to-Tangible-Book
For the Auto Parts subindustry, Meritor'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.
Meritor's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Meritor's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Meritor's Price-to-Tangible-Book falls into.
Meritor Price-to-Tangible-Book Calculation
Meritor's price-to-tangible-book ratio for today is calculated as:
* 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.
Meritor Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Meritor's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Meritor Inc is a manufacturer of automobile parts for commercial vehicles and industrial markets. The company offers drivetrain, axle, brake, and suspension solutions for commercial trucks, trailers, buses, coaches, off-highway machinery, and defence contractors. The company serves original equipment markets as well as the aftermarket segment for the transportation and industrial sectors. Meritor generates the majority of its revenue from its commercial truck and industrial segment. Geographically, sales are focused on North American markets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MTOR has been successfully added to your 