Meriaura Group (OSTO:MERIS) PB Ratio : 0.87 (As of Jun. 15, 2024)

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What is Meriaura 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 (2024-06-15), Meriaura Group's share price is kr0.45. Meriaura Group's Book Value per Share for the quarter that ended in Dec. 2023 was kr0.52. Hence, Meriaura Group's PB Ratio of today is 0.87.

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

OSTO:MERIS' s PB Ratio Range Over the Past 10 Years
Min: 0.31 Med: 1.55 Max: 5.29
Current: 0.87

During the past 11 years, Meriaura Group's highest PB Ratio was 5.29. The lowest was 0.31. And the median was 1.55.

OSTO:MERIS's PB Ratio is ranked better than
69.68% of 930 companies
in the Transportation industry
Industry Median: 1.285 vs OSTO:MERIS: 0.87

During the past 12 months, Meriaura Group's average Book Value Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -13.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -26.40% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Meriaura Group was -13.10% per year. The lowest was -62.50% per year. And the median was -49.15% per year.

Back to Basics: PB Ratio

Meriaura Group PB Ratio Historical Data

The historical data trend for Meriaura 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.

Meriaura Group PB Ratio Chart

Meriaura Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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4.37

1.97

1.19

1.52

1.03

Meriaura Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.19	1.45	1.52	1.61	1.03

Competitive Comparison of Meriaura Group's PB Ratio

For the Marine Shipping subindustry, Meriaura 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.

Meriaura Group's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Meriaura Group's PB Ratio distribution charts can be found below:

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

Meriaura 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.45	/	0.516
	=	0.87

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.

Meriaura Group (OSTO:MERIS) 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.

Meriaura Group PB Ratio Related Terms

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

Meriaura Group (OSTO:MERIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Meriaura Group Plc (OSTO:MERIS) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

MERIH:Finland 5J4:Germany

Address

Insinoorinkatu 7, Mikkeli, FIN, FI-50150

Website

https://www.meriauraenergy.com

Meriaura Group Plc is a Finland-based company engaged in two businesses Renewable Energy and Marine Logistics. The renewable energy business area designs and delivers clean energy production systems as comprehensive deliveries. Its systems are built around large-scale solar heating systems implemented using high-performance solar thermal collectors manufactured by the company. The marine logistics business consists of the business operations of Meriaura Oy and VG-EcoFuel Oy. Meriaura is a provider of transport for bulk cargo and demanding project deliveries in Northern Europe. The company generates the majority of its revenue from the renewable energy segment.

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