Mercari (TSE:4385) Price-to-Tangible-Book : 4.74 (As of May. 06, 2024)

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What is Mercari Price-to-Tangible-Book?

As of today (2024-05-06), Mercari's share price is 円1766.50. Mercari's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円373.01. Hence, Mercari's Price to Tangible Book Ratio of today is 4.74.

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

TSE:4385' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.6 Med: 10.09 Max: 23.89
Current: 4.74

During the past 8 years, Mercari's highest Price to Tangible Book Ratio was 23.89. The lowest was 4.60. And the median was 10.09.

TSE:4385's Price-to-Tangible-Book is ranked worse than
78.21% of 973 companies
in the Retail - Cyclical industry
Industry Median: 1.85 vs TSE:4385: 4.74

A closely related ratio is called PB Ratio. As of today, Mercari's share price is 円1766.50. Mercari's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円377.76. Hence, Mercari's P/B Ratio of today is 4.68.

Mercari Price-to-Tangible-Book Historical Data

The historical data trend for Mercari'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.

Mercari Price-to-Tangible-Book Chart

Mercari Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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8.64

15.25

23.89

8.47

10.09

Mercari Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															11.11	8.50	10.09	8.96	7.00

Competitive Comparison of Mercari's Price-to-Tangible-Book

For the Internet Retail subindustry, Mercari'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.

Mercari's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mercari's Price-to-Tangible-Book distribution charts can be found below:

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

Mercari Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1766.50	/	373.008
	=	4.74

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.

Mercari Price-to-Tangible-Book Related Terms

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

Mercari (TSE:4385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mercari Inc (TSE:4385) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MCARY:USA 6TP:Germany

Address

6 - 10 - 1 Roppongi, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN, 106-6118

Website

https://www.mercari.com

Mercari operates the largest C2C secondhand goods trading platform in Japan in Mercari, with over 22 million MAU and over JPY 893 billion gross merchandise value in fiscal year 2022. We estimate that it currently has over 70% market share in the C2C marketplace app market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the U.S. as well. Domestic business roughly accounts for over 95% of its total GMV.

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