GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Murano Global Investments PLC (NAS:MRNO) » Definitions » PB Ratio

Murano Global Investments (Murano Global Investments) PB Ratio : 1.63 (As of Jun. 14, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Murano Global Investments 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 (2024-06-14), Murano Global Investments's share price is $9.47. Murano Global Investments's Book Value per Share for the quarter that ended in Dec. 2023 was $5.82. Hence, Murano Global Investments's PB Ratio of today is 1.63.

The historical rank and industry rank for Murano Global Investments's PB Ratio or its related term are showing as below:

MRNO' s PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 1.87   Max: 3.7
Current: 1.61

During the past 4 years, Murano Global Investments's highest PB Ratio was 3.70. The lowest was 1.34. And the median was 1.87.

MRNO's PB Ratio is ranked worse than
79.9% of 1746 companies
in the Real Estate industry
Industry Median: 0.79 vs MRNO: 1.61

During the past 12 months, Murano Global Investments's average Book Value Per Share Growth Rate was 6.40% per year.

Back to Basics: PB Ratio


Murano Global Investments PB Ratio Historical Data

The historical data trend for Murano Global Investments'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.

Murano Global Investments PB Ratio Chart

Murano Global Investments Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - -

Murano Global Investments Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio - - - - -

Competitive Comparison of Murano Global Investments's PB Ratio

For the Real Estate - Development subindustry, Murano Global Investments'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.


Murano Global Investments's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Murano Global Investments's PB Ratio distribution charts can be found below:

* The bar in red indicates where Murano Global Investments's PB Ratio falls into.



Murano Global Investments 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.

Murano Global Investments's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=9.47/5.824
=1.63

* 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.


Murano Global Investments  (NAS:MRNO) 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.


Murano Global Investments PB Ratio Related Terms

Thank you for viewing the detailed overview of Murano Global Investments's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Murano Global Investments (Murano Global Investments) Business Description

Comparable Companies
Traded in Other Exchanges
Address
AV. Ffcc de Cuernavaca No. 20, 12th Floor, Lomas - Virreyes, Lomas de Chapultepec III Secc, Miguel Hidalgo, Mexico City, MEX, 11000
Murano Global Hospitality Corp is a Mexican development company with experience structuring, developing, and assessing industrial, residential, corporate office, and hotel projects in Mexico. The firm also provides comprehensive services, including the execution, construction, management, and operation of a wide variety of industrial, business, tourism, and medical real estate projects, among others.

Murano Global Investments (Murano Global Investments) Headlines

From GuruFocus