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 (2022-08-16), Mayville Engineering Co's share price is $7.73. Mayville Engineering Co's Book Value per Share for the quarter that ended in Jun. 2022 was $10.25. Hence, Mayville Engineering Co's PB Ratio of today is 0.75.
The historical rank and industry rank for Mayville Engineering Co's PB Ratio or its related term are showing as below:
MEC'
s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 1.13 Max: 2.02
Current: 0.76
During the past 5 years, Mayville Engineering Co's highest PB Ratio was 2.02. The lowest was 0.49. And the median was 1.13.
MEC's PB Ratio is ranked better than 83.52% of 2682
companies
in the Industrial Products industry
Industry Median: 2.02
vs MEC: 0.76
During the past 12 months, Mayville Engineering Co's average Book Value Per Share Growth Rate was -0.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.10% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Mayville Engineering Co was 28.50% per year. The lowest was 23.10% per year. And the median was 25.80% per year.
Back to Basics: PB Ratio
Mayville Engineering Co PB Ratio Historical Data
The historical data trend for Mayville Engineering Co'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.
Mayville Engineering Co Annual Data
Trend
Dec17
Dec18
Dec19
Dec20
Dec21
PB Ratio
-
-
0.92
1.34
1.53
Mayville Engineering Co Quarterly Data
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
PB Ratio
1.95
1.81
1.53
0.95
0.76
Competitive Comparison
For the Metal Fabrication subindustry, Mayville Engineering Co'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.
Mayville Engineering Co PB Ratio Distribution
For the Industrial Products industry and Industrials sector, Mayville Engineering Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mayville Engineering Co's PB Ratio falls into.
Mayville Engineering Co 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.
Mayville Engineering Co's PB Ratio for today is calculated as follows:
* 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.
Mayville Engineering Co (NYSE:MEC) PB Ratio Explanation
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.
Mayville Engineering Co PB Ratio Related Terms
Thank you for viewing the detailed overview of Mayville Engineering Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Mayville Engineering Co Inc is involved in a manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. Its services comprise stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly, and logistic services.
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