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Melrose IndustriesMLSPF -0.53%67 Price-to-Tangible-Book is 21.85 as of Sep. 15, 2026. GuruFocus rates MLSPF with a GF Score™ of 67/100 and a GF Value™ of $8.82 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,895 Industrial Products companies, Melrose Industries ranks worse than 96.23% on this metric.
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.
Melrose Industries Price-to-Tangible-Book Related Terms
Melrose Industries Price-to-Tangible-Book Historical Data
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The historical data trend for Melrose Industries'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.
MLSPF vs GEV, ETN, PH: Price-to-Tangible-Book Comparison
For the Specialty Industrial Machinery subindustry, Melrose Industries'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.
Melrose Industries Price-to-Tangible-Book vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Melrose Industries's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Melrose Industries'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.
Melrose Industries (MLSPF) has a Price-to-Tangible-Book of 21.85 as of Sep. 15, 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 Melrose Industries and its competitors. According to the industry distribution chart, Melrose Industries ranks #2786 out of 2895 companies in the Industrial Products industry, placing it in the top 96.2%.
Is Melrose Industries' Price-to-Tangible-Book too high?
Melrose Industries' current Price-to-Tangible-Book is 21.85. The Industrial Products industry median Price-to-Tangible-Book is 2.41. Melrose Industries' value of 21.85 is 806.6% above this industry median. Based on the distribution chart, Melrose Industries ranks #2786 out of 2895 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Melrose Industries has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Melrose Industries' Price-to-Tangible-Book compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Melrose Industries ranks #2786 out of 2895 companies for Price-to-Tangible-Book. This places Melrose Industries in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.41. Melrose Industries' value of 21.85 is 806.6% above 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 an Industrial Products company?
The median Price-to-Tangible-Book among Industrial Products companies is 2.41, based on 2,895 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. Melrose Industries's current Price-to-Tangible-Book of 21.85 is 806.6% above 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 Melrose Industries and its competitors. For the Industrial Products industry, the median Price-to-Tangible-Book is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melrose Industries's current Price-to-Tangible-Book is 21.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melrose Industries stock overvalued right now?
Based on GuruFocus' analysis, Melrose Industries (MLSPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.82, compared to a current price of $6.58 — trading 25.4% below its estimated fair value. The current Price-to-Tangible-Book is 21.85 and 806.6% above the Industrial Products industry median of 2.41. Melrose Industries' overall GF Score™ is 67/100 with 6 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 Melrose Industries (MLSPF), the current Price-to-Tangible-Book is 21.85 as of Sep. 15, 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 Melrose Industries (MLSPF) Overvalued in 2026?
Based on GuruFocus' analysis, Melrose Industries stock appears to be undervalued.
The current stock price of $6.58 is trading 25.4% below its estimated GF Value™ of $8.82.
GuruFocus considers Melrose Industries to be Modestly Undervalued.
Key valuation signals for MLSPF:
Price-to-Tangible-Book: 21.85
GF Value™: $8.82 vs. price of $6.58 (25.4% below fair value)
Industry Position: 806.6% above the Industrial Products median (#2786 of 2895)
No single metric tells the full story. See the MLSPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melrose Industries is a UK-based company that manufactures engines and structures products for all major OEMs across civil and defense markets. The company employs 13,032 people and generates approximately 75% of its revenue from the civil market, manufacturing engines and structures for major OEMs in both civil and defense sectors.In the civil market, the company operates in 90% of existing fleets in service and is a demonstrator partner in the GTF and CFM RISE next-generation engines for narrow-body aircraft.
67GF Score
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