Meritage Tangible Book Value Per Share from 2010 to 2024

MTH Stock  USD 184.44  6.76  3.80%   
Meritage's Tangible Book Value Per Share is increasing with slightly volatile movements from year to year. Tangible Book Value Per Share is estimated to finish at 125.97 this year. For the period between 2010 and 2024, Meritage, Tangible Book Value Per Share quarterly trend regression had mean deviation of  30.43 and range of 119. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
119.97367487
Current Value
125.97
Quarterly Volatility
38.06154243
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Meritage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meritage's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 6.4 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0068 or PTB Ratio of 1.02. Meritage financial statements analysis is a perfect complement when working with Meritage Valuation or Volatility modules.
  
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.

Latest Meritage's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Meritage over the last few years. It is Meritage's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Meritage's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Meritage Tangible Book Value Per Share Regression Statistics

Arithmetic Mean51.60
Geometric Mean39.36
Coefficient Of Variation73.76
Mean Deviation30.43
Median38.32
Standard Deviation38.06
Sample Variance1,449
Range119
R-Value0.94
Mean Square Error190.32
R-Squared0.88
Slope7.97
Total Sum of Squares20,282

Meritage Tangible Book Value Per Share History

2024 125.97
2023 119.97
2022 103.15
2021 77.63
2020 59.51
2019 48.82
2018 42.08

About Meritage Financial Statements

Investors use fundamental indicators, such as Meritage's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Meritage's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 119.97  125.97 

Currently Active Assets on Macroaxis

When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Household Durables space 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 Meritage. If investors know Meritage 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 Meritage 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
(0.11)
Dividend Share
2.52
Earnings Share
22.1
Revenue Per Share
177.112
Quarterly Revenue Growth
(0.01)
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's 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 Meritage's market value can be influenced by many factors that don't directly affect Meritage's 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 Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's 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.