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Maroc Leasing (CAS:MLE) PB Ratio : 0.97 (As of Sep. 21, 2024)


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What is Maroc Leasing 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 (2024-09-21), Maroc Leasing's share price is MAD385.00. Maroc Leasing's Book Value per Share for the quarter that ended in Dec. 2023 was MAD398.78. Hence, Maroc Leasing's PB Ratio of today is 0.97.

Good Sign:

Maroc Leasing SA stock PB Ratio (=0.96) is close to 10-year low of 0.89

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

CAS:MLE' s PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.28   Max: 1.57
Current: 0.96

During the past 13 years, Maroc Leasing's highest PB Ratio was 1.57. The lowest was 0.89. And the median was 1.28.

CAS:MLE's PB Ratio is ranked worse than
52.86% of 1589 companies
in the Banks industry
Industry Median: 0.92 vs CAS:MLE: 0.96

During the past 12 months, Maroc Leasing's average Book Value Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Maroc Leasing was 5.60% per year. The lowest was 2.80% per year. And the median was 4.00% per year.

Back to Basics: PB Ratio


Maroc Leasing PB Ratio Historical Data

The historical data trend for Maroc Leasing'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.

Maroc Leasing PB Ratio Chart

Maroc Leasing 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 1.22 1.28 1.10 0.95 0.90

Maroc Leasing Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.10 1.10 0.95 0.95 0.90

Competitive Comparison of Maroc Leasing's PB Ratio

For the Mortgage Finance subindustry, Maroc Leasing'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.


Maroc Leasing's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Maroc Leasing's PB Ratio distribution charts can be found below:

* The bar in red indicates where Maroc Leasing's PB Ratio falls into.



Maroc Leasing 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.

Maroc Leasing's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=385.00/398.783
=0.97

* 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.


Maroc Leasing  (CAS:MLE) 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.


Maroc Leasing PB Ratio Related Terms

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


Maroc Leasing Business Description

Traded in Other Exchanges
N/A
Address
57. Angle Boulevard Abdelmoumen et Rue Pinel, Casablanca, MAR
Maroc Leasing SA provides lease financing for real estate and furniture. It also helps in financing lease for movable and immovable property professional, commercial and industrial.

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