Myers Industries Stock Price To Book

MYE Stock

USD 22.04 0.01 0.05%

Myers Industries fundamentals help investors to digest information that contributes to Myers Industries' financial success or failures. It also enables traders to predict the movement of Myers Stock. The fundamental analysis module provides a way to measure Myers Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Myers Industries stock.

Short Long Term Debt Total Total Assets

As of April 28, 2024, Price To Book Ratio is expected to decline to 1.84.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Myers Industries Company Price To Book Analysis

Myers Industries' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Myers Industries Price To Book

2.74 X

Most of Myers Industries' fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Myers Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Myers Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Myers Industries is extremely important. It helps to project a fair market value of Myers Stock properly, considering its historical fundamentals such as Price To Book. Since Myers Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Myers Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Myers Industries' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.75	0.47	-0.23	0.9	0.83	0.94	0.06	0.53	0.87	0.74	0.73	-0.46	-0.3	-0.62	0.18	0.12	0.2	0.14	-0.32	0.03	-0.19	0.26	-0.01	0.25	0.22
Total Stockholder Equity	0.75		-0.19	-0.02	0.85	0.25	0.82	-0.2	0.05	0.69	0.69	0.83	-0.8	-0.27	-0.36	0.65	0.08	-0.45	0.7	-0.11	-0.32	-0.4	0.48	0.06	0.47	0.38
Net Debt	0.47	-0.19		-0.09	0.24	0.85	0.25	0.42	0.77	0.3	0.24	-0.08	0.4	0.05	-0.31	-0.42	0.1	0.88	-0.66	-0.3	0.38	0.24	-0.14	-0.07	-0.25	0.0
Retained Earnings	-0.23	-0.02	-0.09		-0.13	-0.32	-0.21	-0.07	-0.06	-0.25	-0.18	-0.5	0.28	0.79	0.72	0.57	-0.37	-0.1	0.12	0.39	-0.61	0.3	0.16	0.07	-0.06	0.31
Net Receivables	0.9	0.85	0.24	-0.13		0.59	0.85	-0.05	0.25	0.86	0.69	0.73	-0.61	-0.25	-0.5	0.38	0.11	-0.03	0.32	-0.13	-0.15	-0.21	0.32	-0.08	0.29	0.22
Total Liab	0.83	0.25	0.85	-0.32	0.59		0.68	0.25	0.74	0.69	0.5	0.36	0.01	-0.21	-0.6	-0.28	0.12	0.67	-0.39	-0.38	0.31	0.06	-0.03	-0.07	-0.02	0.01
Total Current Assets	0.94	0.82	0.25	-0.21	0.85	0.68		-0.1	0.34	0.83	0.63	0.74	-0.5	-0.26	-0.49	0.28	-0.07	-0.01	0.27	-0.23	-0.08	-0.17	0.22	-0.04	0.3	0.16
Short Term Debt	0.06	-0.2	0.42	-0.07	-0.05	0.25	-0.1		0.18	-0.07	-0.01	-0.12	0.19	-0.02	-0.28	-0.29	0.11	0.42	-0.37	0.01	0.13	0.2	-0.05	0.08	-0.32	-0.13
Intangible Assets	0.53	0.05	0.77	-0.06	0.25	0.74	0.34	0.18		0.26	0.64	0.24	0.1	-0.25	-0.45	-0.05	0.47	0.61	-0.19	-0.72	0.46	-0.32	0.3	0.01	0.23	0.48
Accounts Payable	0.87	0.69	0.3	-0.25	0.86	0.69	0.83	-0.07	0.26		0.56	0.62	-0.48	-0.21	-0.57	0.06	-0.02	0.05	0.09	-0.11	-0.14	-0.05	0.1	0.06	0.07	0.0
Good Will	0.74	0.69	0.24	-0.18	0.69	0.5	0.63	-0.01	0.64	0.56		0.82	-0.61	-0.59	-0.67	0.41	0.65	-0.02	0.5	-0.69	0.23	-0.75	0.65	0.07	0.61	0.64
Common Stock	0.73	0.83	-0.08	-0.5	0.73	0.36	0.74	-0.12	0.24	0.62	0.82		-0.87	-0.73	-0.72	0.35	0.47	-0.31	0.59	-0.47	0.12	-0.68	0.49	0.05	0.56	0.4
Long Term Debt	-0.46	-0.8	0.4	0.28	-0.61	0.01	-0.5	0.19	0.1	-0.48	-0.61	-0.87		0.53	0.49	-0.54	-0.34	0.64	-0.7	0.16	0.25	0.58	-0.52	-0.18	-0.41	-0.47
Property Plant Equipment	-0.3	-0.27	0.05	0.79	-0.25	-0.21	-0.26	-0.02	-0.25	-0.21	-0.59	-0.73	0.53		0.81	0.11	-0.77	0.06	-0.33	0.74	-0.62	0.78	-0.43	-0.06	-0.49	-0.17
Current Deferred Revenue	-0.62	-0.36	-0.31	0.72	-0.5	-0.6	-0.49	-0.28	-0.45	-0.57	-0.67	-0.72	0.49	0.81		0.22	-0.61	-0.2	-0.04	0.57	-0.42	0.48	-0.28	-0.09	-0.24	-0.12
Net Tangible Assets	0.18	0.65	-0.42	0.57	0.38	-0.28	0.28	-0.29	-0.05	0.06	0.41	0.35	-0.54	0.11	0.22		0.06	-0.57	0.76	0.01	-0.54	-0.38	0.63	0.01	0.53	0.71
Short Term Investments	0.12	0.08	0.1	-0.37	0.11	0.12	-0.07	0.11	0.47	-0.02	0.65	0.47	-0.34	-0.77	-0.61	0.06		0.12	0.3	-0.77	0.59	-0.83	0.61	0.1	0.54	0.49
Long Term Debt Total	0.2	-0.45	0.88	-0.1	-0.03	0.67	-0.01	0.42	0.61	0.05	-0.02	-0.31	0.64	0.06	-0.2	-0.57	0.12		-0.74	-0.24	0.48	0.31	-0.19	-0.08	-0.2	-0.21
Capital Surpluse	0.14	0.7	-0.66	0.12	0.32	-0.39	0.27	-0.37	-0.19	0.09	0.5	0.59	-0.7	-0.33	-0.04	0.76	0.3	-0.74		-0.21	-0.17	-0.71	0.66	0.17	0.66	0.48
Deferred Long Term Liab	-0.32	-0.11	-0.3	0.39	-0.13	-0.38	-0.23	0.01	-0.72	-0.11	-0.69	-0.47	0.16	0.74	0.57	0.01	-0.77	-0.24	-0.21		-0.72	0.77	-0.54	-0.05	-0.55	-0.43
Accumulated Depreciation	0.03	-0.32	0.38	-0.61	-0.15	0.31	-0.08	0.13	0.46	-0.14	0.23	0.12	0.25	-0.62	-0.42	-0.54	0.59	0.48	-0.17	-0.72		-0.42	-0.01	-0.19	0.22	-0.16
Short Long Term Debt	-0.19	-0.4	0.24	0.3	-0.21	0.06	-0.17	0.2	-0.32	-0.05	-0.75	-0.68	0.58	0.78	0.48	-0.38	-0.83	0.31	-0.71	0.77	-0.42		-0.69	-0.07	-0.77	-0.6
Long Term Investments	0.26	0.48	-0.14	0.16	0.32	-0.03	0.22	-0.05	0.3	0.1	0.65	0.49	-0.52	-0.43	-0.28	0.63	0.61	-0.19	0.66	-0.54	-0.01	-0.69		0.47	0.54	0.71
Net Invested Capital	-0.01	0.06	-0.07	0.07	-0.08	-0.07	-0.04	0.08	0.01	0.06	0.07	0.05	-0.18	-0.06	-0.09	0.01	0.1	-0.08	0.17	-0.05	-0.19	-0.07	0.47		-0.25	0.18
Net Working Capital	0.25	0.47	-0.25	-0.06	0.29	-0.02	0.3	-0.32	0.23	0.07	0.61	0.56	-0.41	-0.49	-0.24	0.53	0.54	-0.2	0.66	-0.55	0.22	-0.77	0.54	-0.25		0.53
Capital Stock	0.22	0.38	0.0	0.31	0.22	0.01	0.16	-0.13	0.48	0.0	0.64	0.4	-0.47	-0.17	-0.12	0.71	0.49	-0.21	0.48	-0.43	-0.16	-0.6	0.71	0.18	0.53

Click cells to compare fundamentals

Myers Price To Book Historical Pattern

Today, most investors in Myers Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Myers Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Myers Industries price to book as a starting point in their analysis.

Myers Industries Price To Book

Timeline

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Competition

Predict Myers Industries

Price Book Value Ratio Over Time

Myers Book Value Per Share

Book Value Per Share

4.18

At present, Myers Industries' Book Value Per Share is projected to increase slightly based on the last few years of reporting.

Based on the latest financial disclosure, Myers Industries has a Price To Book of 2.7427 times. This is 57.54% lower than that of the Containers & Packaging sector and 37.38% lower than that of the Materials industry. The price to book for all United States stocks is 71.16% higher than that of the company.

Myers Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Myers Industries' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Myers Industries could also be used in its relative valuation, which is a method of valuing Myers Industries by comparing valuation metrics of similar companies.

Myers Industries is currently under evaluation in price to book category among related companies.

Myers Fundamentals

	Return On Equity	0.18
	Return On Asset	0.0717
	Profit Margin	0.06 %
	Operating Margin	0.05 %
	Current Valuation	877.4 M
	Shares Outstanding	36.94 M
	Shares Owned By Insiders	1.53 %
	Shares Owned By Institutions	91.72 %
	Number Of Shares Shorted	540.96 K
	Price To Earning	22.20 X
	Price To Book	2.74 X
	Price To Sales	0.99 X
	Revenue	813.07 M
	Gross Profit	284.07 M
	EBITDA	95 M
	Net Income	48.87 M
	Cash And Equivalents	22.43 M
	Cash Per Share	0.62 X
	Total Debt	95.49 M
	Debt To Equity	0.60 %
	Current Ratio	1.72 X
	Book Value Per Share	7.95 X
	Cash Flow From Operations	86.17 M
	Short Ratio	1.34 X
	Earnings Per Share	1.32 X
	Price To Earnings To Growth	14.87 X
	Target Price	30.0
	Number Of Employees	2.5 K
	Beta	1.33
	Market Capitalization	814.14 M
	Total Asset	541.63 M
	Retained Earnings	(35.52 M)
	Working Capital	91.51 M
	Current Asset	154.31 M
	Current Liabilities	116.81 M
	Annual Yield	0.02 %
	Five Year Return	2.99 %
	Net Asset	541.63 M
	Last Dividend Paid	0.54

About Myers Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Myers Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Myers Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Myers Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Myers Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Myers Industries' short interest history, or implied volatility extrapolated from Myers Industries options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:

How To Invest In Myers

Details

Is Myers Stock a good investment?

Details

What is Myers Industries' Net Worth?

Details

Largest Metal, Glass & Plastic Containers Companies

View

Largest Packaging & Containers Companies

View

Check out Myers Industries Piotroski F Score and Myers Industries Altman Z Score analysis.

For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.

You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Myers Stock analysis

When running Myers Industries' price analysis, check to measure Myers Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Myers Industries is operating at the current time. Most of Myers Industries' value examination focuses on studying past and present price action to predict the probability of Myers Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Myers Industries' price. Additionally, you may evaluate how the addition of Myers Industries to your portfolios can decrease your overall portfolio volatility.

	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities

Is Myers Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.06)

Dividend Share

0.54

Earnings Share

1.32

Revenue Per Share

22.128

Quarterly Revenue Growth

(0.10)

The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Myers Industries Stock Price To Book

Myers Industries Company Price To Book Analysis

P/B

MV Per Share

BV Per Share

Current Myers Industries Price To Book

Myers Price To Book Driver Correlations

Myers Price To Book Historical Pattern

Myers Book Value Per Share

Book Value Per Share

4.18

Myers Price To Book Peer Comparison

Myers Fundamentals

About Myers Industries Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Myers Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY