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The historical rank and industry rank for Mercedes-Benz Group AG's Price-to-Tangible-Book or its related term are showing as below:
CHIX:MBGd'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54 Med: 0.97 Max: 1.37
Current: 0.64
During the past 13 years, Mercedes-Benz Group AG's highest Price to Tangible Book Ratio was 1.37. The lowest was 0.54. And the median was 0.97.
CHIX:MBGd's Price-to-Tangible-Book is ranked better than 78.67% of 1247
companies
in the Vehicles & Parts industry
Industry Median: 1.57
vs CHIX:MBGd: 0.64
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.
Mercedes-Benz Group AG Price-to-Tangible-Book Related Terms
Mercedes-Benz Group AG Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Mercedes-Benz Group AG'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.
Mercedes-Benz Group AG Price-to-Tangible-Book Chart
CHIX:MBGD vs TSLA, GM, F: Price-to-Tangible-Book Comparison
For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.
Mercedes-Benz Group AG Price-to-Tangible-Book vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Mercedes-Benz Group AG's Price-to-Tangible-Book falls into.
* 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.
Mercedes-Benz Group AG (CHIX:MBGD) has a Price-to-Tangible-Book of 0.64 as of Sep. 05, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Mercedes-Benz Group AG and its competitors. According to the industry distribution chart, Mercedes-Benz Group AG ranks #266 out of 1247 companies in the Vehicles & Parts industry, placing it in the top 21.3%.
Is Mercedes-Benz Group AG's Price-to-Tangible-Book too high?
Mercedes-Benz Group AG's current Price-to-Tangible-Book is 0.64. The Vehicles & Parts industry median Price-to-Tangible-Book is 1.57. Mercedes-Benz Group AG's value of 0.64 is 59.2% below this industry median. Based on the distribution chart, Mercedes-Benz Group AG ranks #266 out of 1247 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Mercedes-Benz Group AG has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Price-to-Tangible-Book compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercedes-Benz Group AG ranks #266 out of 1247 companies for Price-to-Tangible-Book. This places Mercedes-Benz Group AG in the top 21% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.57. Mercedes-Benz Group AG's value of 0.64 is 59.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Vehicles & Parts company?
The median Price-to-Tangible-Book among Vehicles & Parts companies is 1.57, based on 1,247 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercedes-Benz Group AG's current Price-to-Tangible-Book of 0.64 is 59.2% below 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Mercedes-Benz Group AG and its competitors. For the Vehicles & Parts industry, the median Price-to-Tangible-Book is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercedes-Benz Group AG's current Price-to-Tangible-Book is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (CHIX:MBGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €55.52, compared to a current price of €47.77 — trading 14% below its estimated fair value. The current Price-to-Tangible-Book is 0.64 and 59.2% below the Vehicles & Parts industry median of 1.57. Mercedes-Benz Group AG's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Mercedes-Benz Group AG (CHIX:MBGD), the current Price-to-Tangible-Book is 0.64 as of Sep. 05, 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.
Is Mercedes-Benz Group AG (CHIX:MBGD) Overvalued in 2026?
Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued.
The current stock price of €47.77 is trading 14% below its estimated GF Value™ of €55.52.
GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.
Key valuation signals for CHIX:MBGD:
Price-to-Tangible-Book: 0.64
GF Value™: €55.52 vs. price of €47.77 (14% below fair value)
Industry Position: 59.2% below the Vehicles & Parts median (#266 of 1247)
No single metric tells the full story. See the CHIX:MBGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
67GF Score
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