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Merchants Trust (The) (LSE:MRCH) PB Ratio : 0.89 (As of Mar. 24, 2025)


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What is Merchants Trust (The) 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 (2025-03-24), Merchants Trust (The)'s share price is £5.29. Merchants Trust (The)'s Book Value per Share for the quarter that ended in Jul. 2024 was £5.95. Hence, Merchants Trust (The)'s PB Ratio of today is 0.89.

Good Sign:

Merchants Trust (The) PLC stock PB Ratio (=0.89) is close to 3-year low of 0.82

The historical rank and industry rank for Merchants Trust (The)'s PB Ratio or its related term are showing as below:

LSE:MRCH' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.96   Max: 1.26
Current: 0.87

During the past 13 years, Merchants Trust (The)'s highest PB Ratio was 1.26. The lowest was 0.60. And the median was 0.96.

LSE:MRCH's PB Ratio is ranked better than
64.21% of 1643 companies
in the Asset Management industry
Industry Median: 0.92 vs LSE:MRCH: 0.87

During the past 12 months, Merchants Trust (The)'s average Book Value Per Share Growth Rate was 8.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Merchants Trust (The) was 17.50% per year. The lowest was -15.30% per year. And the median was 2.75% per year.

Back to Basics: PB Ratio


Merchants Trust (The) PB Ratio Historical Data

The historical data trend for Merchants Trust (The)'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.

Merchants Trust (The) PB Ratio Chart

Merchants Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.96 0.99 1.02 1.02

Merchants Trust (The) Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 0.99 1.02 1.01 1.02 1.01

Competitive Comparison of Merchants Trust (The)'s PB Ratio

For the Asset Management subindustry, Merchants Trust (The)'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.


Merchants Trust (The)'s PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Merchants Trust (The)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Merchants Trust (The)'s PB Ratio falls into.



Merchants Trust (The) 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.

Merchants Trust (The)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2024)
=5.29/5.946
=0.89

* 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.


Merchants Trust (The)  (LSE:MRCH) 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.


Merchants Trust (The) PB Ratio Related Terms

Thank you for viewing the detailed overview of Merchants Trust (The)'s PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Merchants Trust (The) Business Description

Traded in Other Exchanges
N/A
Address
199 Bishopsgate, London, GBR, EC2M 3TY
Merchants Trust (The) PLC is an investment trust. Its objective is to provide an above-average level of income and income growth together with long-term capital growth through a policy of investing mainly in higher-yielding large UK companies. Its performance is benchmarked against the FTSE All-Share Index.

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