McCormick Company Financial Statements From 2010 to 2024
| MKC Etf | USD 77.28 0.30 0.39% |
Gross Profit 2.3 B | Profit Margin 0.1187 | Market Capitalization 20.8 B | Enterprise Value Revenue 3.7737 | Revenue 6.7 B |
Check McCormick Company financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McCormick Company's main balance sheet or income statement drivers, such as , as well as many indicators such as . McCormick financial statements analysis is a perfect complement when working with McCormick Company Valuation or Volatility modules.
McCormick |
McCormick Company Incorporated ETF Price To Book Analysis
McCormick Company's 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.
Current McCormick Company Price To Book | 3.84 X |
Most of McCormick Company's 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, McCormick Company Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the latest financial disclosure, McCormick Company Incorporated has a Price To Book of 3.8401 times. This is much higher than that of the Food Products family and significantly higher than that of the Consumer Staples category. The price to book for all United States etfs is notably lower than that of the firm.
McCormick Company Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining McCormick Company's current stock value. Our valuation model uses many indicators to compare McCormick Company value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across McCormick Company competition to find correlations between indicators driving McCormick Company's intrinsic value. More Info.McCormick Company Incorporated is regarded second largest ETF in price to earning as compared to similar ETFs. It is regarded third largest ETF in price to book as compared to similar ETFs fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for McCormick Company Incorporated is roughly 8.64 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the McCormick Company's earnings, one of the primary drivers of an investment's value.About McCormick Company Financial Statements
McCormick Company stakeholders use historical fundamental indicators, such as McCormick Company's revenue or net income, to determine how well the company is positioned to perform in the future. Although McCormick Company investors may analyze each financial statement separately, they are all interrelated. For example, changes in McCormick Company's assets and liabilities are reflected in the revenues and expenses on McCormick Company's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in McCormick Company Incorporated. Please read more on our technical analysis and fundamental analysis pages.
McCormick Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. Mccormick is listed under Packaged Foods in the United States and is traded on New York Stock Exchange exchange.
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McCormick Company financial ratios help investors to determine whether McCormick Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in McCormick with respect to the benefits of owning McCormick Company security.