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Macy's (WBO:MACY) Price-to-Tangible-Book : 1.58 (As of Dec. 13, 2024)


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What is Macy's Price-to-Tangible-Book?

As of today (2024-12-13), Macy's's share price is €15.134. Macy's's Tangible Book per Share of Oct. 2024 for the quarter that ended in Oct. 2024 was €9.57. Hence, Macy's's Price to Tangible Book Ratio of today is 1.58.

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

WBO:MACY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.16   Med: 2.82   Max: 53.91
Current: 1.56

During the past 13 years, Macy's's highest Price to Tangible Book Ratio was 53.91. The lowest was 1.16. And the median was 2.82.

WBO:MACY's Price-to-Tangible-Book is ranked better than
56.41% of 975 companies
in the Retail - Cyclical industry
Industry Median: 1.84 vs WBO:MACY: 1.56

A closely related ratio is called PB Ratio. As of today, Macy's's share price is €15.134. Macy's's Book Value per Sharefor the quarter that ended in Oct. 2024 was €13.72. Hence, Macy's's P/B Ratio of today is 1.10.


Macy's Price-to-Tangible-Book Historical Data

The historical data trend for Macy's'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.

Macy's Price-to-Tangible-Book Chart

Macy's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 3.88 3.19 2.26 1.78

Macy's Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1.15 1.78 1.75 1.58 1.47

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

For the Department Stores subindustry, Macy's'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.


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

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

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



Macy's Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2024 )
=15.134/9.57
=1.58

* 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.


Macy's Price-to-Tangible-Book Related Terms

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


Macy's Business Description

Address
151 West 34th Street, New York, NY, USA, 10001
Founded in 1858 and based in New York City, Macy's operates about 500 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and 157 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances composed 62% of Macy's 2023 sales.

Macy's Headlines

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