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Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) PB Ratio : 1.68 (As of May. 20, 2024)


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What is Merito Cemiterios Fii Fundo De Investimento Imobiliario 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 (2024-05-20), Merito Cemiterios Fii Fundo De Investimento Imobiliario's share price is R$109.99. Merito Cemiterios Fii Fundo De Investimento Imobiliario's Book Value per Share for the quarter that ended in Dec. 2022 was R$65.65. Hence, Merito Cemiterios Fii Fundo De Investimento Imobiliario's PB Ratio of today is 1.68.

The historical rank and industry rank for Merito Cemiterios Fii Fundo De Investimento Imobiliario's PB Ratio or its related term are showing as below:

BSP:MCEM11' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.68
Current: 1.68

During the past 2 years, Merito Cemiterios Fii Fundo De Investimento Imobiliario's highest PB Ratio was 1.68. The lowest was 0.00. And the median was 0.00.

BSP:MCEM11's PB Ratio is ranked worse than
88.59% of 850 companies
in the REITs industry
Industry Median: 0.83 vs BSP:MCEM11: 1.68

During the past 12 months, Merito Cemiterios Fii Fundo De Investimento Imobiliario's average Book Value Per Share Growth Rate was 0.20% per year.

Back to Basics: PB Ratio


Merito Cemiterios Fii Fundo De Investimento Imobiliario PB Ratio Historical Data

The historical data trend for Merito Cemiterios Fii Fundo De Investimento Imobiliario'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.

Merito Cemiterios Fii Fundo De Investimento Imobiliario PB Ratio Chart

Merito Cemiterios Fii Fundo De Investimento Imobiliario Annual Data
Trend Dec22 Dec23
PB Ratio
- 1.68

Merito Cemiterios Fii Fundo De Investimento Imobiliario Quarterly Data
Dec22 Dec23
PB Ratio - 1.68

Competitive Comparison of Merito Cemiterios Fii Fundo De Investimento Imobiliario's PB Ratio

For the REIT - Specialty subindustry, Merito Cemiterios Fii Fundo De Investimento Imobiliario'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.


Merito Cemiterios Fii Fundo De Investimento Imobiliario's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Merito Cemiterios Fii Fundo De Investimento Imobiliario's PB Ratio distribution charts can be found below:

* The bar in red indicates where Merito Cemiterios Fii Fundo De Investimento Imobiliario's PB Ratio falls into.



Merito Cemiterios Fii Fundo De Investimento Imobiliario 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.

Merito Cemiterios Fii Fundo De Investimento Imobiliario's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=109.99/65.653
=1.68

* 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.


Merito Cemiterios Fii Fundo De Investimento Imobiliario  (BSP:MCEM11) 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.


Merito Cemiterios Fii Fundo De Investimento Imobiliario PB Ratio Related Terms

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Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Rua Funchal, 418, 21st floor, Vila Olímpia CEP, Sao Paulo, SP, BRA, 04551-060
Merito Cemiterios Fii Fundo De Investimento Imobiliario is a closed condominium fund, with an indefinite duration. The Fund's purpose is to make long-term real estate investments through the acquisition of the following assets: (i) any real rights over real estate; (ii) real rights over real estate, shares, debentures, subscription bonuses, their coupons, rights, subscription receipts and split certificates, securities deposit certificates, debenture notes, investment fund shares, promissory notes, and any other securities, as long as the issuers registered with the CVM and whose activities are permitted for real estate investment funds.

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