Merit Group (LSE:MRIT) Price-to-Tangible-Book : (As of May. 24, 2024)

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What is Merit Group Price-to-Tangible-Book?

As of today (2024-05-24), Merit Group's share price is £0.705. Merit Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £-0.10. Hence, Merit Group's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Merit Group's highest Price to Tangible Book Ratio was 17.47. The lowest was 4.83. And the median was 8.57.

LSE:MRIT's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.565
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Merit Group's share price is £0.705. Merit Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was £1.34. Hence, Merit Group's P/B Ratio of today is 0.53.

Merit Group Price-to-Tangible-Book Historical Data

The historical data trend for Merit Group'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.

Merit Group Price-to-Tangible-Book Chart

Merit Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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7.08

Merit Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Merit Group's Price-to-Tangible-Book

For the Information Technology Services subindustry, Merit Group'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.

Merit Group's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Merit Group's Price-to-Tangible-Book distribution charts can be found below:

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

Merit Group Price-to-Tangible-Book Calculation

Merit Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.705	/	-0.099
	=

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.

Merit Group Price-to-Tangible-Book Related Terms

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

Merit Group (LSE:MRIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Merit Group PLC (LSE:MRIT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

32 London Bridge Street, 9th Floor, The Shard, London, GBR, SE1 9SG

Website

https://www.meritgroupplc.com

Merit Group PLC provides data, business, and political intelligence. The group operates through two operating segments namely, Dods and Merit Data and Technology. Dods business segment concentrates on the provision of key information and insights into the political and public policy environments around the UK and the European Union. The Merit Data and Technology segment focuses on the fields of data engineering, machine learning, and artificial intelligence. The company generates the majority of its revenue from Merit Data & Technology segment.

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