Merit Group (LSE:MRIT) PB Ratio : 0.25 (As of Dec. 13, 2024)

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What is Merit Group 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), Merit Group's share price is £0.32. Merit Group's Book Value per Share for the quarter that ended in Sep. 2024 was £1.31. Hence, Merit Group's PB Ratio of today is 0.25.

Good Sign:

Merit Group PLC stock PB Ratio (=0.25) is close to 1-year low of 0.25

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

LSE:MRIT' s PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.77 Max: 1.98
Current: 0.24

During the past 13 years, Merit Group's highest PB Ratio was 1.98. The lowest was 0.18. And the median was 0.77.

LSE:MRIT's PB Ratio is ranked better than
98.56% of 2571 companies
in the Software industry
Industry Median: 2.88 vs LSE:MRIT: 0.24

During the past 12 months, Merit Group's average Book Value Per Share Growth Rate was -2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Merit Group was 13.10% per year. The lowest was -30.10% per year. And the median was -7.20% per year.

Back to Basics: PB Ratio

Merit Group PB Ratio Historical Data

The historical data trend for Merit Group'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.

Merit Group PB Ratio Chart

Merit Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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0.44

0.51

0.31

0.23

0.38

Merit Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
PB Ratio	Get a 7-Day Free Trial															0.24	0.23	0.39	0.38	0.51

Competitive Comparison of Merit Group's PB Ratio

For the Information Technology Services subindustry, Merit Group'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.

Merit Group's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Merit Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Merit Group's PB Ratio falls into.

Merit Group 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.

Merit Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	0.32	/	1.306
	=	0.25

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Merit Group (LSE:MRIT) 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.

Merit Group PB Ratio Related Terms

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Merit Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Merit Group PLC (LSE:MRIT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 London Bridge Street, 9th Floor, The Shard, London, GBR, SE1 9SG

Website

https://www.meritgroupplc.com

Merit Group PLC provides data, business, and political intelligence. The group operates through two operating segments namely, Dods and Merit Data and Technology. Dods business segment concentrates on the provision of key information and insights into the political and public policy environments around the UK and the European Union. The Merit Data and Technology segment focuses on the fields of data engineering, machine learning, and artificial intelligence. The company generates the majority of its revenue from the Merit Data & Technology segment. Geographically it operates in the UK, USA, Belgium, Germany, France, and the rest of the world, and the majority of its revenue is generated from the UK.

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