MBGAF (Mercedes-Benz Group AG) PB Ratio : 0.60 (As of Dec. 14, 2024)

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What is Mercedes-Benz Group AG 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), Mercedes-Benz Group AG's share price is $59.31. Mercedes-Benz Group AG's Book Value per Share for the quarter that ended in Sep. 2024 was $98.48. Hence, Mercedes-Benz Group AG's PB Ratio of today is 0.60.

Good Sign:

Mercedes-Benz Group AG stock PB Ratio (=0.64) is close to 3-year low of 0.59

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

MBGAF' s PB Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.88 Max: 1.9
Current: 0.64

During the past 13 years, Mercedes-Benz Group AG's highest PB Ratio was 1.90. The lowest was 0.33. And the median was 0.88.

MBGAF's PB Ratio is ranked better than
75.92% of 1275 companies
in the Vehicles & Parts industry
Industry Median: 1.45 vs MBGAF: 0.64

During the past 12 months, Mercedes-Benz Group AG's average Book Value Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mercedes-Benz Group AG was 14.80% per year. The lowest was -7.00% per year. And the median was 3.10% per year.

Back to Basics: PB Ratio

Mercedes-Benz Group AG PB Ratio Historical Data

The historical data trend for Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG PB Ratio Chart

Mercedes-Benz Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.72

0.85

1.01

0.77

0.74

Mercedes-Benz Group AG 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															0.77	0.74	0.82	0.76	0.66

Competitive Comparison of Mercedes-Benz Group AG's PB Ratio

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's PB Ratio falls into.

Mercedes-Benz Group AG 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.

Mercedes-Benz Group AG's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	59.31	/	98.478
	=	0.60

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.

Mercedes-Benz Group AG (OTCPK:MBGAF) 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.

Mercedes-Benz Group AG PB Ratio Related Terms

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Mercedes-Benz Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (OTCPK:MBGAF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

MBGYY:USA DAI:Romania MBG:Poland MBG:Mexico 1MBG:Italy MERCEDESBENZ:Hungary MBGd:UK 0NXX:UK MBG:Germany MBG:Bulgaria MBG:Austria

Address

Mercedesstrasse 120, Stuttgart, BW, DEU, 70372

Website

https://www.daimler.com

Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.

Executives