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 (2024-04-19), Mueller Industries's share price is $52.28. Mueller Industries's Book Value per Share for the quarter that ended in Dec. 2023 was $20.48. Hence, Mueller Industries's PB Ratio of today is 2.55.
The historical rank and industry rank for Mueller Industries's PB Ratio or its related term are showing as below:
MLI'
s PB Ratio Range Over the Past 10 Years
Min: 1.65 Med: 2.51 Max: 4.21
Current: 2.55
During the past 13 years, Mueller Industries's highest PB Ratio was 4.21. The lowest was 1.65. And the median was 2.51.
MLI's PB Ratio is ranked worse than 65.45% of 2926
companies
in the Industrial Products industry
Industry Median: 1.87
vs MLI: 2.55
During the past 12 months, Mueller Industries's average Book Value Per Share Growth Rate was 30.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 44.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 35.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mueller Industries was 44.40% per year. The lowest was -21.70% per year. And the median was 10.50% per year.
Back to Basics: PB Ratio
Mueller Industries PB Ratio Historical Data
The historical data trend for Mueller Industries'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.
Mueller Industries Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
PB Ratio
2.81
2.58
2.78
1.88
2.30
Mueller Industries Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
1.88
2.13
2.34
1.92
2.30
Competitive Comparison
For the Metal Fabrication subindustry, Mueller Industries'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.
Mueller Industries PB Ratio Distribution
For the Industrial Products industry and Industrials sector, Mueller Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mueller Industries's PB Ratio falls into.
Mueller Industries 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.
Mueller Industries's PB Ratio for today is calculated as follows:
* 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.
Mueller Industries (NYSE:MLI) PB Ratio Explanation
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.
Mueller Industries PB Ratio Related Terms
Thank you for viewing the detailed overview of Mueller Industries's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Mueller Industries (Mueller Industries) Business Description
Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.
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