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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.
MERLIN GROUP Spolka Akcyjna PB Ratio Related Terms
MERLIN GROUP Spolka Akcyjna 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.
For the Advertising Agencies subindustry, MERLIN GROUP Spolka Akcyjna'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.
MERLIN GROUP Spolka Akcyjna PB Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, MERLIN GROUP Spolka Akcyjna's PB Ratio distribution charts can be found below:
* The bar in red indicates where MERLIN GROUP Spolka Akcyjna's PB Ratio falls into.
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.
* 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.
MERLIN GROUP Spolka Akcyjna (WAR:MRG) has a PB Ratio of 2.93 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MERLIN GROUP Spolka Akcyjna and its competitors.
Is MERLIN GROUP Spolka Akcyjna's PB Ratio too high?
MERLIN GROUP Spolka Akcyjna's current PB Ratio is 2.93. The Media - Diversified industry median PB Ratio is 1.28. MERLIN GROUP Spolka Akcyjna's value of 2.93 is 128.9% above this industry median. Overall, MERLIN GROUP Spolka Akcyjna has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does MERLIN GROUP Spolka Akcyjna's PB Ratio compare to OMC and IPG?
MERLIN GROUP Spolka Akcyjna's PB Ratio of 2.93 can be compared against companies in the Media - Diversified industry. The industry median PB Ratio is 1.28. MERLIN GROUP Spolka Akcyjna's value of 2.93 is 128.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Media - Diversified company?
The median PB Ratio among Media - Diversified companies is 1.28, based on 920 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MERLIN GROUP Spolka Akcyjna's current PB Ratio of 2.93 is 128.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MERLIN GROUP Spolka Akcyjna and its competitors. For the Media - Diversified industry, the median PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MERLIN GROUP Spolka Akcyjna's current PB Ratio is 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MERLIN GROUP Spolka Akcyjna stock overvalued right now?
MERLIN GROUP Spolka Akcyjna (WAR:MRG) has a current PB Ratio of 2.93. The current PB Ratio is 2.93 and 128.9% above the Media - Diversified industry median of 1.28. MERLIN GROUP Spolka Akcyjna's overall GF Score™ is 38/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For MERLIN GROUP Spolka Akcyjna (WAR:MRG), the current PB Ratio is 2.93 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
MERLIN GROUP Spolka Akcyjna is an advertising and marketing company. The company provides professional marketing activities through promotional activities on the internet.
38GF Score
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