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Martin Marietta Materials (BSP:M1LM34) PB Ratio : 3.39 (As of Dec. 13, 2024)


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What is Martin Marietta Materials PB Ratio?

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 (2024-12-13), Martin Marietta Materials's share price is R$562.50. Martin Marietta Materials's Book Value per Share for the quarter that ended in Sep. 2024 was R$166.16. Hence, Martin Marietta Materials's PB Ratio of today is 3.39.

Good Sign:

Martin Marietta Materials Inc stock PB Ratio (=3.73) is close to 1-year low of 3.47

The historical rank and industry rank for Martin Marietta Materials's PB Ratio or its related term are showing as below:

BSP:M1LM34' s PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 3.07   Max: 4.72
Current: 3.73

During the past 13 years, Martin Marietta Materials's highest PB Ratio was 4.72. The lowest was 1.67. And the median was 3.07.

BSP:M1LM34's PB Ratio is ranked worse than
86.08% of 388 companies
in the Building Materials industry
Industry Median: 1.205 vs BSP:M1LM34: 3.73

During the past 12 months, Martin Marietta Materials's average Book Value Per Share Growth Rate was 18.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Martin Marietta Materials was 28.00% per year. The lowest was -2.00% per year. And the median was 9.40% per year.

Back to Basics: PB Ratio


Martin Marietta Materials PB Ratio Historical Data

The historical data trend for Martin Marietta Materials'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.

Martin Marietta Materials PB Ratio Chart

Martin Marietta Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.04 4.16 2.98 3.58

Martin Marietta Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio 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 2.95 3.58 3.45 3.75 3.39

Competitive Comparison of Martin Marietta Materials's PB Ratio

For the Building Materials subindustry, Martin Marietta Materials'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.


Martin Marietta Materials's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's PB Ratio distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's PB Ratio falls into.



Martin Marietta Materials 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.

Martin Marietta Materials's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=562.50/166.158
=3.39

* 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.


Martin Marietta Materials  (BSP:M1LM34) 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.


Martin Marietta Materials PB Ratio Related Terms

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


Martin Marietta Materials Business Description

Traded in Other Exchanges
Address
4123 Parklake Avenue, Raleigh, NC, USA, 27612
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2023, Martin Marietta sold 199 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

Martin Marietta Materials Headlines

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