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 (2024-04-23), Mesa Laboratories's share price is $106.62. Mesa Laboratories's Book Value per Share for the quarter that ended in Dec. 2023 was $74.71. Hence, Mesa Laboratories's PB Ratio of today is 1.43.
The historical rank and industry rank for Mesa Laboratories's PB Ratio or its related term are showing as below:
MLAB'
s PB Ratio Range Over the Past 10 Years
Min: 1.18 Med: 4.24 Max: 8.95
Current: 1.43
During the past 13 years, Mesa Laboratories's highest PB Ratio was 8.95. The lowest was 1.18. And the median was 4.24.
MLAB's PB Ratio is ranked better than 62.33% of 2392
companies
in the Hardware industry
Industry Median: 1.78
vs MLAB: 1.43
During the past 12 months, Mesa Laboratories's average Book Value Per Share Growth Rate was 3.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 27.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 18.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mesa Laboratories was 44.60% per year. The lowest was 2.70% per year. And the median was 15.10% per year.
Back to Basics: PB Ratio
Mesa Laboratories PB Ratio Historical Data
The historical data trend for Mesa Laboratories'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.
For the Scientific & Technical Instruments subindustry, Mesa Laboratories'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.
Mesa Laboratories PB Ratio Distribution
For the Hardware industry and Technology sector, Mesa Laboratories's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mesa Laboratories's PB Ratio falls into.
Mesa Laboratories 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.
Mesa Laboratories's PB Ratio for today is calculated as follows:
* 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 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.
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.
Mesa Laboratories PB Ratio Related Terms
Thank you for viewing the detailed overview of Mesa Laboratories's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Mesa Laboratories (Mesa Laboratories) Business Description
Mesa Laboratories Inc manufactures life sciences tools and critical quality control products. It operates in 4 divisions: Sterilization and Disinfection Control, which manufactures and sells biological, cleaning, and chemical indicators. It also provides testing and laboratory services, mainly to the dental industry; Biopharmaceutical Development segment develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions; Calibration Solutions division develops, manufactures, and sells quality control and calibration products used to measure or calibrate temperature, pressure, pH, humidity, and other such parameters for health and safety purposes; and Clinical Genomics. Its geographical segments include United States and Foreign.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MLAB has been successfully added to your 