McCormick & Company Incorporated

NYSE MKC-V

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McCormick & Company Incorporated Price to Book Ratio (P/B) on June 03, 2024: 3.66

McCormick & Company Incorporated Price to Book Ratio (P/B) is 3.66 on June 03, 2024, a NA change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • McCormick & Company Incorporated 52-week high Price to Book Ratio (P/B) is 4.02 on May 10, 2024, which is 9.74% above the current Price to Book Ratio (P/B).
  • McCormick & Company Incorporated 52-week low Price to Book Ratio (P/B) is 3.29 on February 07, 2024, which is -10.22% below the current Price to Book Ratio (P/B).
  • McCormick & Company Incorporated average Price to Book Ratio (P/B) for the last 52 weeks is 3.66.
NYSE: MKC-V

McCormick & Company Incorporated

CEO -
IPO Date Oct. 7, 2003
Location United States
Headquarters 24 Schilling Road, Hunt Valley, MD, United States, 21031
Employees 13,800
Sector Consumer Defensive
Industry Packaged foods
Description

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in the Asia/Pacific; McCormick, Aeroplane, and Gourmet Garden brands in China; and the McCormick brand and other brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

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StockViz Staff

September 19, 2024

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