Banco Mercantil do Brasil (BSP:BMEB3) Price-to-Tangible-Book : 2.36 (As of May. 14, 2024)

View and export this data going back to 2008. Start your Free Trial

What is Banco Mercantil do Brasil Price-to-Tangible-Book?

As of today (2024-05-14), Banco Mercantil do Brasil's share price is R$26.50. Banco Mercantil do Brasil's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R$11.21. Hence, Banco Mercantil do Brasil's Price to Tangible Book Ratio of today is 2.36.

The historical rank and industry rank for Banco Mercantil do Brasil's Price-to-Tangible-Book or its related term are showing as below:

BSP:BMEB3' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41 Med: 0.8 Max: 2.36
Current: 2.36

During the past 13 years, Banco Mercantil do Brasil's highest Price to Tangible Book Ratio was 2.36. The lowest was 0.41. And the median was 0.80.

BSP:BMEB3's Price-to-Tangible-Book is ranked worse than
92.15% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs BSP:BMEB3: 2.36

A closely related ratio is called PB Ratio. As of today, Banco Mercantil do Brasil's share price is R$26.50. Banco Mercantil do Brasil's Book Value per Sharefor the quarter that ended in Dec. 2023 was R$12.32. Hence, Banco Mercantil do Brasil's P/B Ratio of today is 2.15.

Banco Mercantil do Brasil Price-to-Tangible-Book Historical Data

The historical data trend for Banco Mercantil do Brasil'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.

Banco Mercantil do Brasil Price-to-Tangible-Book Chart

Banco Mercantil do Brasil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.06

0.94

1.54

1.10

1.83

Banco Mercantil do Brasil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.38	1.10	1.26	1.57	1.83

Competitive Comparison of Banco Mercantil do Brasil's Price-to-Tangible-Book

For the Banks - Regional subindustry, Banco Mercantil do Brasil'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.

Banco Mercantil do Brasil's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Banco Mercantil do Brasil's Price-to-Tangible-Book falls into.

Banco Mercantil do Brasil Price-to-Tangible-Book Calculation

Banco Mercantil do Brasil's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	26.50	/	11.214
	=	2.36

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Banco Mercantil do Brasil Price-to-Tangible-Book Related Terms

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

Banco Mercantil do Brasil (BSP:BMEB3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Mercantil do Brasil SA (BSP:BMEB3) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

BMEB4:Brazil

Address

R Rio de Janeiro 654, Belo Horizonte,, MG, BRA, 30160912

Website

http://www.mercantildobrasil.com.br

Banco Mercantil do Brasil SA offers commercial banking services. It offers personal and corporate credit cards, lease financing, business financing services, Internet banking, and other financial services. The company offers checking and savings accounts, and time deposits and funds; payroll-deductible loans, personal loans, overdraft facilities, credit cards, and vehicle financing services; private pension, insurance, and capitalization products and services; and collection, payment of taxes and fees to individuals.

Banco Mercantil do Brasil (BSP:BMEB3) Headlines

No Headlines