Metro (MTRAF) Price-to-Tangible-Book

: 19.59 (As of Today)

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As of today (2024-04-20), Metro's share price is $50.9725. Metro's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.60. Hence, Metro's Price to Tangible Book Ratio of today is 19.59.

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

MTRAF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.92 Med: 26.9 Max: 273.08
Current: 19.97

During the past 13 years, Metro's highest Price to Tangible Book Ratio was 273.08. The lowest was 4.92. And the median was 26.90.

MTRAF's Price-to-Tangible-Book is ranked worse than
96.8% of 281 companies
in the Retail - Defensive industry
Industry Median: 1.95 vs MTRAF: 19.97

A closely related ratio is called PB Ratio. As of today, Metro's share price is $50.9725. Metro's Book Value per Sharefor the quarter that ended in Dec. 2023 was $22.43. Hence, Metro's P/B Ratio of today is 2.27.

Metro Price-to-Tangible-Book Historical Data

The historical data trend for Metro'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.

Metro Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

61.59

28.26

21.40

Metro 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																27.93	29.02	25.59	21.40	19.79

Competitive Comparison

For the Grocery Stores subindustry, Metro'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.

Metro Price-to-Tangible-Book Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Metro's Price-to-Tangible-Book distribution charts can be found below:

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

Metro Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	50.9725	/	2.602
	=	19.59

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.

Metro Price-to-Tangible-Book Related Terms

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

Metro (MTRAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metro Inc (OTCPK:MTRAF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

62M:Germany MRU:Canada

Address

11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6

Website

https://www.metro.ca

Metro is the third-largest grocery retailer in Canada (behind Loblaw and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaw and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in the provinces of Quebec and Ontario, with no presence in western Canada.

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