McCormick Financial Statements From 2010 to 2024
| MKC-V Preferred Stock | USD 77.32 0.02 0.03% |
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 Company 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 | 5.08 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 5.0786 times. This is 10.11% lower than that of the Consumer Defensive sector and 39.52% higher than that of the Packaged Foods industry. The price to book for all United States preferred stocks is 46.6% higher than that of the company.
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 considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in price to book category among its peers fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for McCormick Company Incorporated is roughly 6.22 . 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 investors 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. Understanding over-time patterns can help investors decide on long-term investments in McCormick Company. 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. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland. McCormick Company operates under Packaged Foods classification in USA and is traded on New York Stock Exchange. It employs 11600 people.
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Additional Tools for McCormick Preferred Stock Analysis
When running McCormick Company's price analysis, check to measure McCormick Company's 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 McCormick Company is operating at the current time. Most of McCormick Company's value examination focuses on studying past and present price action to predict the probability of McCormick Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McCormick Company's price. Additionally, you may evaluate how the addition of McCormick Company to your portfolios can decrease your overall portfolio volatility.