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Myer Holdings (ASX:MYR) Price-to-Tangible-Book : (As of May. 14, 2024)


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What is Myer Holdings Price-to-Tangible-Book?

As of today (2024-05-14), Myer Holdings's share price is A$0.705. Myer Holdings's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was A$-0.03. Hence, Myer Holdings's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Myer Holdings's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Myer Holdings's highest Price to Tangible Book Ratio was 243.33. The lowest was 2.21. And the median was 3.94.

ASX:MYR's Price-to-Tangible-Book is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Myer Holdings's share price is A$0.705. Myer Holdings's Book Value per Sharefor the quarter that ended in Jan. 2024 was A$0.34. Hence, Myer Holdings's P/B Ratio of today is 2.07.


Myer Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Myer Holdings's Price-to-Tangible-Book 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.

Myer Holdings Price-to-Tangible-Book Chart

Myer Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 - - - -

Myer Holdings Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Price-to-Tangible-Book 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 - - - - -

Competitive Comparison of Myer Holdings's Price-to-Tangible-Book

For the Department Stores subindustry, Myer Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Myer Holdings's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Myer Holdings's Price-to-Tangible-Book falls into.



Myer Holdings Price-to-Tangible-Book Calculation

Myer Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=0.705/-0.028
=

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Myer Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Myer Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Myer Holdings (ASX:MYR) Business Description

Traded in Other Exchanges
Address
1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008
Myer is Australia's largest department store operator, with some 60 stores that are mostly spread across eastern states. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The brand is somewhat iconic among Australian domestic consumers. The group's loyalty programme has more than 4 million active members.

Myer Holdings (ASX:MYR) Headlines

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