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Mercury NZ (Mercury NZ) Price-to-Tangible-Book : 1.97 (As of May. 24, 2024)


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What is Mercury NZ Price-to-Tangible-Book?

As of today (2024-05-24), Mercury NZ's share price is $4.10. Mercury NZ's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.08. Hence, Mercury NZ's Price to Tangible Book Ratio of today is 1.97.

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

MGHTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.97   Med: 1.63   Max: 2.46
Current: 1.92

During the past 11 years, Mercury NZ's highest Price to Tangible Book Ratio was 2.46. The lowest was 0.97. And the median was 1.63.

MGHTF's Price-to-Tangible-Book is ranked worse than
60.61% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.47 vs MGHTF: 1.92

A closely related ratio is called PB Ratio. As of today, Mercury NZ's share price is $4.10. Mercury NZ's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.13. Hence, Mercury NZ's P/B Ratio of today is 1.92.


Mercury NZ Price-to-Tangible-Book Historical Data

The historical data trend for Mercury NZ'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.

Mercury NZ Price-to-Tangible-Book Chart

Mercury NZ Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.50 1.22 1.68 1.84

Mercury NZ Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.89 1.68 1.73 1.84 1.88

Competitive Comparison of Mercury NZ's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Mercury NZ'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.


Mercury NZ's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's Price-to-Tangible-Book distribution charts can be found below:

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



Mercury NZ Price-to-Tangible-Book Calculation

Mercury NZ's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.10/2.077
=1.97

* 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.


Mercury NZ Price-to-Tangible-Book Related Terms

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


Mercury NZ (Mercury NZ) Business Description

Traded in Other Exchanges
Address
33 Broadway, The Mercury Building, P O Box 90399, Newmarket, Auckland, NTL, NZL, 1142
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.

Mercury NZ (Mercury NZ) Headlines