Macy's, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. The company sells a range of merchandise, such as apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. As of January 29, 2022, it operated 725 department stores in the District of Columbia, Puerto Rico, and Guam under the Macy's, Macy's Backstage, Market by Macy's, Bloomingdale's, Bloomingdale's The Outlet, Bloomies, and bluemercury brands. It also operates in Dubai, the United Arab Emirates, and Al Zahra, Kuwait under the license agreements. The company also operates as a beauty products and spa retailer. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macy's, Inc. in June 2007. Macy's, Inc. was founded in 1830 and is based in New York, New York.
P/B ratio for Macy's, Inc. (M)
P/B ratio as of 2023: 1.23
According to Macy's, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.23. At the end of 2022 the company had a P/B ratio of 1.55.
P/B ratio history for Macy's, Inc. from 1992 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.23 |
| 2022 | 1.55 |
| 2021 | 2.16 |
| 2020 | 1.83 |
| 2019 | 0.77 |
| 2018 | 1.23 |
| 2017 | 1.34 |
| 2016 | 2.08 |
| 2015 | 3.12 |
| 2014 | 4.22 |
| 2013 | 3.22 |
| 2012 | 2.65 |
| 2011 | 2.42 |
| 2010 | 1.76 |
| 2009 | 1.43 |
| 2008 | 0.81 |
| 2007 | 1.26 |
| 2006 | 1.85 |
| 2005 | 1.07 |
| 2004 | 1.57 |
| 2003 | 1.47 |
| 2002 | 0.89 |
| 2001 | 1.44 |
| 2000 | 1.57 |
| 1999 | 1.33 |
| 1998 | 1.53 |
| 1997 | 1.69 |
| 1996 | 1.46 |
| 1995 | 1.19 |
| 1994 | 0.68 |
| 1993 | 1.21 |
| 1992 | 1.13 |