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Mercantil Servicios Financieros CA (CAR:MVZ.A) Price-to-Tangible-Book : 1.02 (As of May. 03, 2024)


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What is Mercantil Servicios Financieros CA Price-to-Tangible-Book?

As of today (2024-05-03), Mercantil Servicios Financieros CA's share price is VES49.99. Mercantil Servicios Financieros CA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was VES48.78. Hence, Mercantil Servicios Financieros CA's Price to Tangible Book Ratio of today is 1.02.

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

CAR:MVZ.A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.01   Med: 0.24   Max: 1.11
Current: 1.03

During the past 13 years, Mercantil Servicios Financieros CA's highest Price to Tangible Book Ratio was 1.11. The lowest was 0.01. And the median was 0.24.

CAR:MVZ.A's Price-to-Tangible-Book is ranked worse than
57.71% of 1440 companies
in the Banks industry
Industry Median: 0.93 vs CAR:MVZ.A: 1.03

A closely related ratio is called PB Ratio. As of today, Mercantil Servicios Financieros CA's share price is VES49.99. Mercantil Servicios Financieros CA's Book Value per Sharefor the quarter that ended in Dec. 2023 was VES58.01. Hence, Mercantil Servicios Financieros CA's P/B Ratio of today is 0.86.


Mercantil Servicios Financieros CA Price-to-Tangible-Book Historical Data

The historical data trend for Mercantil Servicios Financieros CA'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.

Mercantil Servicios Financieros CA Price-to-Tangible-Book Chart

Mercantil Servicios Financieros CA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.06 0.24 0.36 1.11

Mercantil Servicios Financieros CA 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 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 0.36 0.77 0.89 0.89 1.11

Competitive Comparison of Mercantil Servicios Financieros CA's Price-to-Tangible-Book

For the Banks - Regional subindustry, Mercantil Servicios Financieros CA'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.


Mercantil Servicios Financieros CA's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercantil Servicios Financieros CA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mercantil Servicios Financieros CA's Price-to-Tangible-Book falls into.



Mercantil Servicios Financieros CA Price-to-Tangible-Book Calculation

Mercantil Servicios Financieros CA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=49.99/48.78
=1.02

* 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.


Mercantil Servicios Financieros CA Price-to-Tangible-Book Related Terms

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


Mercantil Servicios Financieros CA (CAR:MVZ.A) Business Description

Traded in Other Exchanges
Address
Avenida Andres Bello, No. 1 Edificio Banco, Mercantil, Caracas, VEN
Mercantil Servicios Financieros CA is a Venezuela-based financial services provider. It offers, through its subsidiaries, a full range of financial products and services in the banking, insurance and wealth management businesses in the Americas and Europe. It provides financial and general banking services to corporate, middle market and retail customers. Third party asset management and securities brokerage services are provided in Venezuela and other jurisdictions, as well as insurance services in Venezuela and Panama. The company generates the majority of its revenue from Venezuela.

Mercantil Servicios Financieros CA (CAR:MVZ.A) Headlines

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