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McMoRan Exploration Co. (NYSE:MMR)
P/B Ratio
0.00 (As of Today)

As of today, McMoRan Exploration Co.'s share price is $14.10. McMoRan Exploration Co.'s Book Value per Share for the quarter that ended in 201303 was $4.22. Hence, McMoRan Exploration Co.'s P/B Ratio of today is 0.00.

MMR' s 10-Year P/B Ratio Range
Min: 0   Max: 0
Current: 0

MMR's P/B Ratiois ranked lower than
67% of the 1121 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.86 vs. MMR: 0.00 )


Definition

McMoRan Exploration Co.'s P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (Q: 201303)
=14.10/4.22
=3.34

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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

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


Explanation

Unlike valuation ratios relative to the earning power such as P/E ratio, P/S ratio or Price-to-Free-Cash-Flow ratio, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 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.


Related Terms

Book Value per Share, Market Cap, Total Equity, Preferred Stock, P/E ratio, P/S ratio, Price-to-Free-Cash-Flow ratio, Price-to-Tangible-Book Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

McMoRan Exploration Co. Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
pb 0.000.000.000.003.954.0230.851.632.292.91

McMoRan Exploration Co. Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
pb 1.752.823.101.622.331.712.182.142.923.87
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