Migros Ticaret AS (IST:MGROS) Price-to-Tangible-Book : 3.28 (As of Sep. 24, 2024)

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What is Migros Ticaret AS Price-to-Tangible-Book?

As of today (2024-09-24), Migros Ticaret AS's share price is ₺494.75. Migros Ticaret AS's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was ₺150.70. Hence, Migros Ticaret AS's Price to Tangible Book Ratio of today is 3.28.

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

IST:MGROS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.01 Med: 3.52 Max: 14.27
Current: 3.28

During the past 13 years, Migros Ticaret AS's highest Price to Tangible Book Ratio was 14.27. The lowest was 2.01. And the median was 3.52.

IST:MGROS's Price-to-Tangible-Book is ranked worse than
63.64% of 275 companies
in the Retail - Defensive industry
Industry Median: 1.98 vs IST:MGROS: 3.28

A closely related ratio is called PB Ratio. As of today, Migros Ticaret AS's share price is ₺494.75. Migros Ticaret AS's Book Value per Sharefor the quarter that ended in Jun. 2024 was ₺255.58. Hence, Migros Ticaret AS's P/B Ratio of today is 1.94.

Migros Ticaret AS Price-to-Tangible-Book Historical Data

The historical data trend for Migros Ticaret AS'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.

Migros Ticaret AS Price-to-Tangible-Book Chart

Migros Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.01

2.81

Migros Ticaret AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial															11.69	12.44	2.81	2.92	3.52

Competitive Comparison of Migros Ticaret AS's Price-to-Tangible-Book

For the Grocery Stores subindustry, Migros Ticaret AS'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.

Migros Ticaret AS's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Migros Ticaret AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Migros Ticaret AS's Price-to-Tangible-Book falls into.

Migros Ticaret AS Price-to-Tangible-Book Calculation

Migros Ticaret AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2024 )
	=	494.75	/	150.699
	=	3.28

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Migros Ticaret AS Price-to-Tangible-Book Related Terms

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

Migros Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Migros Ticaret AS (IST:MGROS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atatürk Mah. Turgut Özal Bulvar? No: 7, Atasehir - Istanbul, TUR, 34758

Website

http://www.migroskurumsal.com

Migros Turk TAS is a Turkey-based company that is principally engaged in the retail business. The company offers a broad range of merchandise, including food items, groceries, cosmetics, glass and kitchenware, stationery, electronic appliances, books, and others. The company operates through a number of store brands, including Migros stores, which account for the majority of the company's total stores; Macrocenter stores, which provides exclusive goods; and Ramstore stores, which are located outside Turkey and offer Turkish products. The company also operates business through an online channel. It generates the majority of its total revenue from the domestic market.

Migros Ticaret AS Headlines

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