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Montrose Environmental Group PB Ratio

: 10.01 (As of Today)
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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 (2021-05-11), Montrose Environmental Group's share price is $55.04. Montrose Environmental Group's Book Value per Share for the fiscal year that ended in Dec. 2020 was $5.50. Hence, Montrose Environmental Group's PB Ratio of today is 10.01.

NYSE:MEG' s PB Ratio Range Over the Past 10 Years
Min: 4.19   Med: 6.72   Max: 10.41
Current: 10.22

4.19
10.41

During the past 3 years, Montrose Environmental Group's highest PB Ratio was 10.41. The lowest was 4.19. And the median was 6.72.

NYSE:MEG's PB Ratio is ranked lower than
94% of the 185 Companies
in the Waste Management industry.

( Industry Median: 2.04 vs. NYSE:MEG: 10.22 )

Back to Basics: PB Ratio


Montrose Environmental Group PB Ratio Historical Data

* 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.

Montrose Environmental Group Annual Data
Dec18 Dec19 Dec20
PB Ratio - - 5.63

Montrose Environmental Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 4.27 5.63

Competitive Comparison
* 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.


Montrose Environmental Group PB Ratio Distribution

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



Montrose Environmental 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.

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

PB Ratio=Share Price/Book Value per Share (A: Dec. 2020)
=55.04/5.501
=10.01

* 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.


Montrose Environmental Group  (NYSE:MEG) 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.


Montrose Environmental Group PB Ratio Related Terms


Montrose Environmental Group PB Ratio Headlines

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