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Marcus & Millichap (Marcus & Millichap) Price-to-Tangible-Book : 2.09 (As of Apr. 26, 2024)


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What is Marcus & Millichap Price-to-Tangible-Book?

As of today (2024-04-26), Marcus & Millichap's share price is $32.27. Marcus & Millichap's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.47. Hence, Marcus & Millichap's Price to Tangible Book Ratio of today is 2.09.

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

MMI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.06   Med: 3.28   Max: 10.51
Current: 2.09

During the past 13 years, Marcus & Millichap's highest Price to Tangible Book Ratio was 10.51. The lowest was 2.06. And the median was 3.28.

MMI's Price-to-Tangible-Book is ranked worse than
82% of 1722 companies
in the Real Estate industry
Industry Median: 0.81 vs MMI: 2.09

A closely related ratio is called PB Ratio. As of today, Marcus & Millichap's share price is $32.27. Marcus & Millichap's Book Value per Sharefor the quarter that ended in Dec. 2023 was $16.80. Hence, Marcus & Millichap's P/B Ratio of today is 1.92.


Marcus & Millichap Price-to-Tangible-Book Historical Data

The historical data trend for Marcus & Millichap'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.

Marcus & Millichap Price-to-Tangible-Book Chart

Marcus & Millichap 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 3.10 2.98 3.16 2.06 2.82

Marcus & Millichap Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.06 1.99 1.99 1.89 2.82

Competitive Comparison of Marcus & Millichap's Price-to-Tangible-Book

For the Real Estate Services subindustry, Marcus & Millichap'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.


Marcus & Millichap's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Marcus & Millichap's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Marcus & Millichap's Price-to-Tangible-Book falls into.



Marcus & Millichap Price-to-Tangible-Book Calculation

Marcus & Millichap's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=32.27/15.466
=2.09

* 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.


Marcus & Millichap Price-to-Tangible-Book Related Terms

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


Marcus & Millichap (Marcus & Millichap) Business Description

Traded in Other Exchanges
Address
23975 Park Sorrento, Suite 400, Calabasas, CA, USA, 91302
Marcus & Millichap Inc is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services. The company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory, and consulting services. The company generates revenues by collecting fees on the sale and financing of commercial properties. These fees consist of commissions collected upon the sale of a property and fees collected from the placement of loans.
Executives
Richard D. Matricaria officer: EVP & COO - Western Division C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Gregory A. Laberge officer: Chief Administrative Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Don C. Watters director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
John David Parker officer: EVP & COO - Eastern Division C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Hessam Nadji officer: Chief Strategy Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
English Dixon Collete director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
George M Marcus director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Phoenix Investments Holdings Llc 10 percent owner 777 S. CALIFORNIA AVENUE, PALO ALTO CA 94304
Martin E. Louie officer: Chief Financial Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Steven F. Degennaro officer: EVP and CFO C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Lauralee Martin director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Mitchell R Labar officer: Executive VP and COO C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
George T Shaheen director
William E. Hughes officer: SVP Marcus & Millichap Capital C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Kurt Henry Schwarz officer: Chief Accounting Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302