United Rentals (MEX:URI) PB Ratio : 6.79 (As of Dec. 14, 2024)

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What is United Rentals 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), United Rentals's share price is MXN17470.00. United Rentals's Book Value per Share for the quarter that ended in Sep. 2024 was MXN2,571.63. Hence, United Rentals's PB Ratio of today is 6.79.

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

MEX:URI' s PB Ratio Range Over the Past 10 Years
Min: 1.36 Med: 4.25 Max: 6.8
Current: 6.02

During the past 13 years, United Rentals's highest PB Ratio was 6.80. The lowest was 1.36. And the median was 4.25.

MEX:URI's PB Ratio is ranked worse than
87.65% of 1020 companies
in the Business Services industry
Industry Median: 1.795 vs MEX:URI: 6.02

During the past 12 months, United Rentals's average Book Value Per Share Growth Rate was 14.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 24.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 23.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of United Rentals was 123.80% per year. The lowest was -19.40% per year. And the median was 21.10% per year.

Back to Basics: PB Ratio

United Rentals PB Ratio Historical Data

The historical data trend for United Rentals'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.

United Rentals PB Ratio Chart

United Rentals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

3.55

3.94

3.51

United Rentals 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															3.81	3.51	5.55	5.16	6.16

Competitive Comparison of United Rentals's PB Ratio

For the Rental & Leasing Services subindustry, United Rentals'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.

United Rentals's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, United Rentals's PB Ratio distribution charts can be found below:

* The bar in red indicates where United Rentals's PB Ratio falls into.

United Rentals 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.

United Rentals's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	17470.00	/	2571.629
	=	6.79

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.

United Rentals (MEX:URI) 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.

United Rentals PB Ratio Related Terms

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United Rentals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » United Rentals Inc (MEX:URI) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

URI:USA 0LIY:UK UR3:Germany UR3:Germany U1RI34:Brazil

Address

100 First Stamford Place, Suite 700, Stamford, CT, USA, 06902

Website

https://www.unitedrentals.com

United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $22 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.