Lamar Advertising Co (MEX:LAMR) PB Ratio : 10.54 (As of Dec. 14, 2024)

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What is Lamar Advertising Co 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), Lamar Advertising Co's share price is MXN2458.00. Lamar Advertising Co's Book Value per Share for the quarter that ended in Sep. 2024 was MXN233.21. Hence, Lamar Advertising Co's PB Ratio of today is 10.54.

Warning Sign:

Lamar Advertising Co stock PB Ratio (=10.89) is close to 10-year high of 11.5

The historical rank and industry rank for Lamar Advertising Co's PB Ratio or its related term are showing as below:

MEX:LAMR' s PB Ratio Range Over the Past 10 Years
Min: 3.37 Med: 6.93 Max: 11.5
Current: 10.89

During the past 13 years, Lamar Advertising Co's highest PB Ratio was 11.50. The lowest was 3.37. And the median was 6.93.

MEX:LAMR's PB Ratio is ranked worse than
99.24% of 917 companies
in the REITs industry
Industry Median: 0.8 vs MEX:LAMR: 10.89

During the past 12 months, Lamar Advertising Co's average Book Value Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lamar Advertising Co was 253.70% per year. The lowest was -17.80% per year. And the median was 2.00% per year.

Back to Basics: PB Ratio

Lamar Advertising Co PB Ratio Historical Data

The historical data trend for Lamar Advertising Co'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.

Lamar Advertising Co PB Ratio Chart

Lamar Advertising Co Annual Data

Trend

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PB Ratio

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Lamar Advertising Co 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															-	-	-	-	10.54

Competitive Comparison of Lamar Advertising Co's PB Ratio

For the REIT - Specialty subindustry, Lamar Advertising Co'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.

Lamar Advertising Co's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lamar Advertising Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Lamar Advertising Co's PB Ratio falls into.

Lamar Advertising Co 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.

Lamar Advertising Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	2458.00	/	233.207
	=	10.54

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.

Lamar Advertising Co (MEX:LAMR) 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.

Lamar Advertising Co PB Ratio Related Terms

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Lamar Advertising Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lamar Advertising Co (MEX:LAMR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

LAMR:USA 6LA:Germany 6LA:Germany

Address

5321 Corporate Boulevard, Baton Rouge, LA, USA, 70808

Website

https://www.lamar.com

Lamar Advertising Co is an outdoor advertising company organized as a real estate investment trust for U.S. federal income tax purposes. Lamar's core revenue-generating activity is leasing space for advertising on billboards, buses, shelters, benches, logo plates, and airport terminals through short-term agreements. The company is involved in this process from ad copy production to the placement and maintenance of physical advertisements. The vast majority of Lamar's revenue comes from renting ad space on its portfolio of static and digital roadside billboard displays in the U.S. The states of Pennsylvania and Texas house a proportion of these. The company's customers are restaurant, service, healthcare, and retail firms in terms of total revenue.