Mercury NZ (Mercury NZ) PB Ratio : 1.95 (As of May. 05, 2024)

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What is Mercury NZ PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-05), Mercury NZ's share price is $4.14. Mercury NZ's Book Value per Share for the quarter that ended in Jun. 2023 was $2.13. Hence, Mercury NZ's PB Ratio of today is 1.95.

The historical rank and industry rank for Mercury NZ's PB Ratio or its related term are showing as below:

MGHTF' s PB Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.51 Max: 2.76
Current: 1.86

During the past 11 years, Mercury NZ's highest PB Ratio was 2.76. The lowest was 0.86. And the median was 1.51.

MGHTF's PB Ratio is ranked worse than
66.43% of 414 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.255 vs MGHTF: 1.86

During the past 12 months, Mercury NZ's average Book Value Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.60% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Mercury NZ was 9.30% per year. The lowest was -0.50% per year. And the median was 3.75% per year.

Back to Basics: PB Ratio

Mercury NZ PB Ratio Historical Data

The historical data trend for Mercury NZ's PB Ratio 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.

Mercury NZ PB Ratio Chart

Mercury NZ Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

1.48

1.47

1.19

1.63

1.79

Mercury NZ Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio	Get a 7-Day Free Trial															1.19	1.85	1.63	1.67	1.79

Competitive Comparison of Mercury NZ's PB Ratio

For the Utilities - Renewable subindustry, Mercury NZ's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Mercury NZ's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mercury NZ's PB Ratio falls into.

Mercury NZ PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Mercury NZ's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	4.14	/	2.125
	=	1.95

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Mercury NZ (OTCPK:MGHTF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Mercury NZ PB Ratio Related Terms

Thank you for viewing the detailed overview of Mercury NZ's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mercury NZ (Mercury NZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mercury NZ Ltd (OTCPK:MGHTF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

MCY:New Zealand MRY:Germany MCY:Australia

Address

33 Broadway, The Mercury Building, P O Box 90399, Newmarket, Auckland, NTL, NZL, 1142

Website

https://www.mercury.co.nz

Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.

Mercury NZ (Mercury NZ) Headlines

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