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Macquarie Group (ASX:MQG) PB Ratio : 2.23 (As of May. 02, 2024)


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What is Macquarie Group 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 (2024-05-02), Macquarie Group's share price is A$188.00. Macquarie Group's Book Value per Share for the quarter that ended in Sep. 2023 was A$84.48. Hence, Macquarie Group's PB Ratio of today is 2.23.

The historical rank and industry rank for Macquarie Group's PB Ratio or its related term are showing as below:

ASX:MQG' s PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 2.09   Max: 3.47
Current: 2.23

During the past 13 years, Macquarie Group's highest PB Ratio was 3.47. The lowest was 1.12. And the median was 2.09.

ASX:MQG's PB Ratio is ranked worse than
66% of 753 companies
in the Capital Markets industry
Industry Median: 1.27 vs ASX:MQG: 2.23

During the past 12 months, Macquarie Group's average Book Value Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Macquarie Group was 54.10% per year. The lowest was 0.70% per year. And the median was 11.05% per year.

Back to Basics: PB Ratio


Macquarie Group PB Ratio Historical Data

The historical data trend for Macquarie Group'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.

Macquarie Group PB Ratio Chart

Macquarie Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.48 1.44 2.51 2.62 2.05

Macquarie Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.79 2.62 1.88 2.05 1.99

Competitive Comparison of Macquarie Group's PB Ratio

For the Capital Markets subindustry, Macquarie Group'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.


Macquarie Group's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Macquarie Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Macquarie Group's PB Ratio falls into.



Macquarie Group 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.

Macquarie Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=188.00/84.484
=2.23

* 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.


Macquarie Group  (ASX:MQG) 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.


Macquarie Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Macquarie Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Macquarie Group (ASX:MQG) Business Description

Address
50 Martin Place, Level 6, Sydney, NSW, AUS, 2000
Macquarie Group began trading in 1969 as Hill Samuel Australia, obtained its bank licence in 1985, and listed in 1996. It's Australia's only sizable listed investment bank, now internationally diversified, operating in asset management, banking and wealth, risk and capital solutions, and advisory.

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