Merck KGaA (Merck KGaA) PB Ratio

: 2.32 (As of Today)

View and export this data going back to 2007. Start your Free Trial

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 (2024-04-19), Merck KGaA's share price is $31.09. Merck KGaA's Book Value per Share for the quarter that ended in Dec. 2023 was $13.38. Hence, Merck KGaA's PB Ratio of today is 2.32.

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

MKKGY' s PB Ratio Range Over the Past 10 Years
Min: 2.08 Med: 2.75 Max: 4.79
Current: 2.39

During the past 13 years, Merck KGaA's highest PB Ratio was 4.79. The lowest was 2.08. And the median was 2.75.

MKKGY's PB Ratio is ranked worse than
60.81% of 962 companies
in the Drug Manufacturers industry
Industry Median: 1.91 vs MKKGY: 2.39

During the past 12 months, Merck KGaA's average Book Value Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Merck KGaA was 40.80% per year. The lowest was 2.20% per year. And the median was 8.30% per year.

Back to Basics: PB Ratio

Merck KGaA PB Ratio Historical Data

The historical data trend for Merck KGaA'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.

Merck KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

2.60

3.62

4.70

3.05

2.39

Merck KGaA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																3.05	2.89	2.49	2.41	2.39

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Merck KGaA'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.

Merck KGaA PB Ratio Distribution

For the Drug Manufacturers industry and Healthcare sector, Merck KGaA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Merck KGaA's PB Ratio falls into.

Merck KGaA 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.

Merck KGaA's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	31.09	/	13.384
	=	2.32

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.

Merck KGaA (OTCPK:MKKGY) 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.

Merck KGaA PB Ratio Related Terms

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

Merck KGaA (Merck KGaA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Merck KGaA (OTCPK:MKKGY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

MKGAF:USA MRK:Italy MRKd:UK 0O14:UK MRK:Germany MRCK:Austria

Address

Frankfurter Strasse 250, Darmstadt, HE, DEU, 64293

Website

https://www.emdgroup.com

Merck KGaA operates in three main segments: life sciences, performance materials, and healthcare. The life sciences segment (47% of 2022 sales) primarily provides laboratory consumables and services to researchers in academia and applied fields, including the biopharmaceutical industry. In the healthcare segment (35%), Merck develops, manufactures, and sells branded pharmaceuticals with significant therapeutic concentrations in oncology, multiple sclerosis, and fertility. In its electronics segment (18%), the company offers specialty materials to manufacture a variety of products, such as semiconductors, flat-screen televisions, automobiles, and cosmetics. In 1995, the E. Merck KG family publicly sold part of the company, resulting in the current 30% public ownership of the firm.