Marsh & McLennan Companies Inc

NYSE MMC

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Marsh & McLennan Companies Inc Price to Book Ratio (P/B) on June 03, 2024: 8.19

Marsh & McLennan Companies Inc Price to Book Ratio (P/B) is 8.19 on June 03, 2024, a 4.58% 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.
  • Marsh & McLennan Companies Inc 52-week high Price to Book Ratio (P/B) is 8.74 on December 13, 2023, which is 6.73% above the current Price to Book Ratio (P/B).
  • Marsh & McLennan Companies Inc 52-week low Price to Book Ratio (P/B) is 7.50 on July 07, 2023, which is -8.41% below the current Price to Book Ratio (P/B).
  • Marsh & McLennan Companies Inc average Price to Book Ratio (P/B) for the last 52 weeks is 8.09.
NYSE: MMC

Marsh & McLennan Companies Inc

CEO Mr. Daniel S. Glaser
IPO Date Dec. 30, 1987
Location United States
Headquarters 1166 Avenue of the Americas, New York, NY, United States, 10036-2774
Employees 85,000
Sector Financial Services
Industry Insurance brokers
Description

Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services. It serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth and career advice, solutions and products; and specialized management, strategic, economic, and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.

StockViz Staff

September 29, 2024

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