Metcash (ASX:MTS) Price-to-Tangible-Book : 16.92 (As of May. 01, 2024)

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What is Metcash Price-to-Tangible-Book?

As of today (2024-05-01), Metcash's share price is A$3.84. Metcash's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was A$0.23. Hence, Metcash's Price to Tangible Book Ratio of today is 16.92.

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

ASX:MTS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.27 Med: 6.25 Max: 21.08
Current: 16.7

During the past 13 years, Metcash's highest Price to Tangible Book Ratio was 21.08. The lowest was 3.27. And the median was 6.25.

ASX:MTS's Price-to-Tangible-Book is ranked worse than
95.39% of 282 companies
in the Retail - Defensive industry
Industry Median: 2.03 vs ASX:MTS: 16.70

A closely related ratio is called PB Ratio. As of today, Metcash's share price is A$3.84. Metcash's Book Value per Sharefor the quarter that ended in Oct. 2023 was A$1.16. Hence, Metcash's P/B Ratio of today is 3.31.

Metcash Price-to-Tangible-Book Historical Data

The historical data trend for Metcash'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.

Metcash Price-to-Tangible-Book Chart

Metcash Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.83

3.27

6.59

16.46

21.08

Metcash Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Price-to-Tangible-Book	Get a 7-Day Free Trial															10.65	16.46	18.39	21.08	16.21

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

For the Food Distribution subindustry, Metcash'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.

Metcash's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

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

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

Metcash Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	3.84	/	0.227
	=	16.92

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.

Metcash Price-to-Tangible-Book Related Terms

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

Metcash (ASX:MTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metcash Ltd (ASX:MTS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MCSHF:USA MG9:Germany

Address

1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.metcash.com

Metcash is a wholesale distribution and marketing company specialising in food, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes of a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and pubs.

Metcash (ASX:MTS) Headlines

From GuruFocus

Metcash Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 05-11-2021