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MarketAxess Holdings (BSP:M1KT34) Price-to-Tangible-Book : 8.53 (As of May. 14, 2024)


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What is MarketAxess Holdings Price-to-Tangible-Book?

As of today (2024-05-14), MarketAxess Holdings's share price is R$21.68. MarketAxess Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was R$2.54. Hence, MarketAxess Holdings's Price to Tangible Book Ratio of today is 8.53.

The historical rank and industry rank for MarketAxess Holdings's Price-to-Tangible-Book or its related term are showing as below:

BSP:M1KT34' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.95   Med: 15.19   Max: 30.44
Current: 8.06

During the past 13 years, MarketAxess Holdings's highest Price to Tangible Book Ratio was 30.44. The lowest was 7.95. And the median was 15.19.

BSP:M1KT34's Price-to-Tangible-Book is ranked worse than
91.12% of 721 companies
in the Capital Markets industry
Industry Median: 1.3 vs BSP:M1KT34: 8.06

A closely related ratio is called PB Ratio. As of today, MarketAxess Holdings's share price is R$21.68. MarketAxess Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was R$3.46. Hence, MarketAxess Holdings's P/B Ratio of today is 6.26.


MarketAxess Holdings Price-to-Tangible-Book Historical Data

The historical data trend for MarketAxess Holdings's Price-to-Tangible-Book 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.

MarketAxess Holdings Price-to-Tangible-Book Chart

MarketAxess Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 29.40 20.35 12.55 10.71

MarketAxess Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.38 13.70 8.42 10.71 8.17

Competitive Comparison of MarketAxess Holdings's Price-to-Tangible-Book

For the Capital Markets subindustry, MarketAxess Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


MarketAxess Holdings's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, MarketAxess Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where MarketAxess Holdings's Price-to-Tangible-Book falls into.



MarketAxess Holdings Price-to-Tangible-Book Calculation

MarketAxess Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=21.68/2.541
=8.53

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


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.


MarketAxess Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of MarketAxess Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


MarketAxess Holdings (BSP:M1KT34) Business Description

Traded in Other Exchanges
Address
55 Hudson Yards, 15th Floor, New York, NY, USA, 10001
Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being U.S. investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.

MarketAxess Holdings (BSP:M1KT34) Headlines

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