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Mitchells & Butlers (LSE:MAB) PB Ratio : 0.66 (As of Apr. 29, 2024)


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What is Mitchells & Butlers 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 (2024-04-29), Mitchells & Butlers's share price is £2.365. Mitchells & Butlers's Book Value per Share for the quarter that ended in Sep. 2023 was £3.59. Hence, Mitchells & Butlers's PB Ratio of today is 0.66.

The historical rank and industry rank for Mitchells & Butlers's PB Ratio or its related term are showing as below:

LSE:MAB' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.72   Max: 1.98
Current: 0.66

During the past 13 years, Mitchells & Butlers's highest PB Ratio was 1.98. The lowest was 0.27. And the median was 0.72.

LSE:MAB's PB Ratio is ranked better than
93.85% of 309 companies
in the Restaurants industry
Industry Median: 2.8 vs LSE:MAB: 0.66

During the past 12 months, Mitchells & Butlers's average Book Value Per Share Growth Rate was -0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mitchells & Butlers was 10.70% per year. The lowest was -17.70% per year. And the median was 0.50% per year.

Back to Basics: PB Ratio


Mitchells & Butlers PB Ratio Historical Data

The historical data trend for Mitchells & Butlers'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.

Mitchells & Butlers PB Ratio Chart

Mitchells & Butlers Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.35 0.67 0.32 0.63

Mitchells & Butlers 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 0.67 0.62 0.32 0.45 0.63

Competitive Comparison of Mitchells & Butlers's PB Ratio

For the Restaurants subindustry, Mitchells & Butlers'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.


Mitchells & Butlers's PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Mitchells & Butlers's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mitchells & Butlers's PB Ratio falls into.



Mitchells & Butlers 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.

Mitchells & Butlers's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=2.365/3.587
=0.66

* 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.


Mitchells & Butlers  (LSE:MAB) 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.


Mitchells & Butlers PB Ratio Related Terms

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


Mitchells & Butlers (LSE:MAB) Business Description

Traded in Other Exchanges
Address
27 Fleet Street, Birmingham, GBR, B3 1JP
Mitchells & Butlers PLC operates more than 1,500 restaurants and pubs, predominantly in the United Kingdom. Total revenue is split roughly evenly between food sales and beverage sales. The company's brands include All Bar One, Alex, Harvester, Toby Carvery, Browns, Vintage Inns, Castle, Sizzling Pubs, and Miller & Carter. Nearly a quarter of Mitchells & Butlers' total sales are generated in London, and its only locations outside the United Kingdom are in Germany.

Mitchells & Butlers (LSE:MAB) Headlines