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McRae Industries (McRae Industries) PB Ratio : 1.20 (As of Apr. 29, 2024)


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What is McRae Industries 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 (2024-04-29), McRae Industries's share price is $46.18. McRae Industries's Book Value per Share for the quarter that ended in Jul. 2023 was $38.46. Hence, McRae Industries's PB Ratio of today is 1.20.

Good Sign:

McRae Industries Inc stock PB Ratio (=1.2) is close to 1-year low of 1.09

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

MCRAA' s PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.14   Max: 1.22
Current: 1.2

During the past 13 years, McRae Industries's highest PB Ratio was 1.22. The lowest was 1.07. And the median was 1.14.

MCRAA's PB Ratio is ranked better than
52.04% of 1007 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.25 vs MCRAA: 1.20

During the past 12 months, McRae Industries's average Book Value Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 42.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of McRae Industries was 42.80% per year. The lowest was -21.50% per year. And the median was 7.70% per year.

Back to Basics: PB Ratio


McRae Industries PB Ratio Historical Data

The historical data trend for McRae Industries'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.

McRae Industries PB Ratio Chart

McRae Industries Annual Data
Trend Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.95 - 1.11 1.14

McRae Industries Semi-Annual Data
Jul89 Jul90 Jul91 Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.95 - 1.11 1.14

Competitive Comparison of McRae Industries's PB Ratio

For the Footwear & Accessories subindustry, McRae Industries'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.


McRae Industries's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, McRae Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where McRae Industries's PB Ratio falls into.



McRae Industries 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.

McRae Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2023)
=46.18/38.459
=1.20

* 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.


McRae Industries  (OTCPK:MCRAA) 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.


McRae Industries PB Ratio Related Terms

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


McRae Industries (McRae Industries) Business Description

Traded in Other Exchanges
Address
400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306
McRae Industries Inc operates in the footwear industry. Its principal lines of business are manufacturing and selling military combat boots and importing and selling western and work boots. It operates through the Western and Lifestyle Segments. The Western and Lifestyle segment, which is the key revenue driver, includes western, ladies fashion, and children's footwear products under the Dan Post, Dingo, and Laredo Western Boots brand names.

McRae Industries (McRae Industries) Headlines

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