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 (2024-04-26), Marten Transport's share price is $16.73. Marten Transport's Book Value per Share for the quarter that ended in Mar. 2024 was $9.37. Hence, Marten Transport's PB Ratio of today is 1.79.
Good Sign:
Marten Transport Ltd stock PB Ratio (=1.77) is close to 3-year low of 1.77
The historical rank and industry rank for Marten Transport's PB Ratio or its related term are showing as below:
MRTN'
s PB Ratio Range Over the Past 10 Years
Min: 1.29 Med: 1.99 Max: 2.81
Current: 1.79
During the past 13 years, Marten Transport's highest PB Ratio was 2.81. The lowest was 1.29. And the median was 1.99.
MRTN's PB Ratio is ranked worse than 64.7% of 932
companies
in the Transportation industry
Industry Median: 1.31
vs MRTN: 1.79
During the past 12 months, Marten Transport's average Book Value Per Share Growth Rate was 5.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Marten Transport was 17.50% per year. The lowest was 3.10% per year. And the median was 10.30% per year.
Back to Basics: PB Ratio
Marten Transport PB Ratio Historical Data
The historical data trend for Marten Transport'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.
Competitive Comparison of Marten Transport's PB Ratio
For the Trucking subindustry, Marten Transport'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.
Marten Transport's PB Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Marten Transport's PB Ratio distribution charts can be found below:
* The bar in red indicates where Marten Transport's PB Ratio falls into.
Marten Transport 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.
* 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.
Marten Transport PB Ratio Related Terms
Thank you for viewing the detailed overview of Marten Transport's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Marten Transport (Marten Transport) Business Description
Marten Transport Ltd is a temperature-sensitive truckload carrier in the United States. It is engaged in transporting and distributing food and other consumer packaged goods which requires a temperature-controlled or insulated environment. The company operates through four segments including Truckload, Dedicated, Intermodal, and Brokerage. It generates maximum revenue from the Truckload segment. The Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services.
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