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Meta Platforms (LIM:META) PB Ratio : 9.66 (As of Dec. 14, 2024)


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What is Meta Platforms 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 (2024-12-14), Meta Platforms's share price is $630.00. Meta Platforms's Book Value per Share for the quarter that ended in Sep. 2024 was $65.19. Hence, Meta Platforms's PB Ratio of today is 9.66.

Warning Sign:

Meta Platforms Inc stock PB Ratio (=9.68) is close to 10-year high of 9.92

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

LIM:META' s PB Ratio Range Over the Past 10 Years
Min: 1.95   Med: 6.38   Max: 9.92
Current: 9.68

During the past 13 years, Meta Platforms's highest PB Ratio was 9.92. The lowest was 1.95. And the median was 6.38.

LIM:META's PB Ratio is ranked worse than
95.33% of 535 companies
in the Interactive Media industry
Industry Median: 1.92 vs LIM:META: 9.68

During the past 12 months, Meta Platforms's average Book Value Per Share Growth Rate was 17.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 21.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Meta Platforms was 114.60% per year. The lowest was 9.90% per year. And the median was 23.60% per year.

Back to Basics: PB Ratio


Meta Platforms PB Ratio Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms PB Ratio Chart

Meta Platforms 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 5.84 6.10 7.57 2.49 6.02

Meta Platforms 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 5.52 6.02 8.36 8.30 8.71

Competitive Comparison of Meta Platforms's PB Ratio

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's PB Ratio distribution charts can be found below:

* The bar in red indicates where Meta Platforms's PB Ratio falls into.



Meta Platforms 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.

Meta Platforms's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=630.00/65.186
=9.66

* 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.


Meta Platforms  (LIM:META) 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.


Meta Platforms PB Ratio Related Terms

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


Meta Platforms Business Description

Address
1 Meta Way, Menlo Park, CA, USA, 94025
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.