Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories. It also provides financing and leasing packages for end-customers and dealers; automotive insurance brokerage and banking services; car subscription and car rental, and fleet management, as well as digital services for charging and payment; and mobility services. The company was formerly known as Daimler AG and changed its name to Mercedes-Benz Group AG in February 2022. Mercedes-Benz Group AG was founded in 1886 and is headquartered in Stuttgart, Germany.
P/B ratio for Mercedes-Benz Group AG (MBG.DE)
P/B ratio as of 2023: 0.73
According to Mercedes-Benz Group AG's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.73. At the end of 2022 the company had a P/B ratio of 0.77.
P/B ratio history for Mercedes-Benz Group AG from 1998 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.73 |
| 2022 | 0.77 |
| 2021 | 1.00 |
| 2020 | 0.85 |
| 2019 | 0.71 |
| 2018 | 0.62 |
| 2017 | 0.98 |
| 2016 | 1.08 |
| 2015 | 1.29 |
| 2014 | 1.40 |
| 2013 | 1.31 |
| 2012 | 0.86 |
| 2011 | 0.76 |
| 2010 | 1.22 |
| 2009 | 1.03 |
| 2008 | 0.68 |
| 2007 | 1.52 |
| 2006 | 1.16 |
| 2005 | 1.00 |
| 2004 | 0.88 |
| 2003 | 0.91 |
| 2002 | 0.65 |
| 2001 | 1.03 |
| 2000 | 0.88 |
| 1999 | 1.77 |
| 1998 | 2.20 |