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PT Bank Mandiri (Persero) Tbk (ISX:BMRI) PB Ratio : 2.22 (As of May. 15, 2024)


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What is PT Bank Mandiri (Persero) Tbk PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-15), PT Bank Mandiri (Persero) Tbk's share price is Rp6200.00. PT Bank Mandiri (Persero) Tbk's Book Value per Share for the quarter that ended in Dec. 2023 was Rp2,794.85. Hence, PT Bank Mandiri (Persero) Tbk's PB Ratio of today is 2.22.

Good Sign:

PT Bank Mandiri (Persero) Tbk stock PB Ratio (=2.25) is close to 1-year low of 2.08

The historical rank and industry rank for PT Bank Mandiri (Persero) Tbk's PB Ratio or its related term are showing as below:

ISX:BMRI' s PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.92   Max: 2.97
Current: 2.22

During the past 13 years, PT Bank Mandiri (Persero) Tbk's highest PB Ratio was 2.97. The lowest was 0.95. And the median was 1.92.

ISX:BMRI's PB Ratio is ranked worse than
91.98% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs ISX:BMRI: 2.22

During the past 12 months, PT Bank Mandiri (Persero) Tbk's average Book Value Per Share Growth Rate was 13.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PT Bank Mandiri (Persero) Tbk was 24.70% per year. The lowest was 3.90% per year. And the median was 13.80% per year.

Back to Basics: PB Ratio


PT Bank Mandiri (Persero) Tbk PB Ratio Historical Data

The historical data trend for PT Bank Mandiri (Persero) Tbk's PB Ratio 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.

PT Bank Mandiri (Persero) Tbk PB Ratio Chart

PT Bank Mandiri (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.56 1.60 2.02 2.16

PT Bank Mandiri (Persero) Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 2.02 2.21 2.10 2.31 2.16

Competitive Comparison of PT Bank Mandiri (Persero) Tbk's PB Ratio

For the Banks - Regional subindustry, PT Bank Mandiri (Persero) Tbk's PB Ratio, along with its competitors' market caps and PB Ratio 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.


PT Bank Mandiri (Persero) Tbk's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Mandiri (Persero) Tbk's PB Ratio distribution charts can be found below:

* The bar in red indicates where PT Bank Mandiri (Persero) Tbk's PB Ratio falls into.



PT Bank Mandiri (Persero) Tbk PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

PT Bank Mandiri (Persero) Tbk's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=6200.00/2794.852
=2.22

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


PT Bank Mandiri (Persero) Tbk  (ISX:BMRI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


PT Bank Mandiri (Persero) Tbk PB Ratio Related Terms

Thank you for viewing the detailed overview of PT Bank Mandiri (Persero) Tbk's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Bank Mandiri (Persero) Tbk (ISX:BMRI) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Gatot Subroto Kav. 36-38, Plaza Mandiri, Jakarta, IDN, 12190
PT Bank Mandiri (Persero) Tbk is a full-service bank principally operating in the Indonesian archipelago. The national government of Indonesia owns well over half of the bank's outstanding shares. Its wide range of products and services includes deposit collection, loans, promissory note issuance, guarantee services, wholesale banking, custodian banking, asset and wealth management, factoring and credit card services, and Islamic banking. The bank's strategy emphasizes a cross-selling culture and increased regionalization, expertise-oriented solutions, and ease of access for its micro, small, and midsize enterprise customers. Its loan portfolio is diversified, mostly in industrials, restaurants and hospitality, and the transportation and storage industries.

PT Bank Mandiri (Persero) Tbk (ISX:BMRI) Headlines

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