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Milestone Furniture (BOM:541337) PB Ratio : 0.25 (As of May. 25, 2024)


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What is Milestone Furniture PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-25), Milestone Furniture's share price is ₹6.75. Milestone Furniture's Book Value per Share for the quarter that ended in Mar. 2023 was ₹27.52. Hence, Milestone Furniture's PB Ratio of today is 0.25.

The historical rank and industry rank for Milestone Furniture's PB Ratio or its related term are showing as below:

BOM:541337' s PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.31   Max: 0.99
Current: 0.24

During the past 10 years, Milestone Furniture's highest PB Ratio was 0.99. The lowest was 0.10. And the median was 0.31.

BOM:541337's PB Ratio is ranked better than
97.35% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.65 vs BOM:541337: 0.24

During the past 12 months, Milestone Furniture's average Book Value Per Share Growth Rate was -2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -8.20% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Milestone Furniture was 438.20% per year. The lowest was -13.80% per year. And the median was 36.90% per year.

Back to Basics: PB Ratio


Milestone Furniture PB Ratio Historical Data

The historical data trend for Milestone Furniture's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Milestone Furniture PB Ratio Chart

Milestone Furniture Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.18 0.59 0.34 0.19

Milestone Furniture Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.91 0.34 0.11 0.19

Competitive Comparison of Milestone Furniture's PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Milestone Furniture's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Milestone Furniture's PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Milestone Furniture's PB Ratio distribution charts can be found below:

* The bar in red indicates where Milestone Furniture's PB Ratio falls into.



Milestone Furniture PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Milestone Furniture's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2023)
=6.75/27.52
=0.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Milestone Furniture  (BOM:541337) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Milestone Furniture PB Ratio Related Terms

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Milestone Furniture (BOM:541337) Business Description

Traded in Other Exchanges
N/A
Address
Wada Manor Road, Survey No.147, House No. 271/1, Met Village, Opposite HP Petrol Pump, Palghar, Thane, MH, IND, 421312
Milestone Furniture Ltd is engaged in the field of the household furniture business. It manufactures home and office furniture and is also involved in home and office design. The product portfolio includes basic plastic chair/ plastic storage solution/ Dining Tables into all segments like bedroom, dining, living room, essentials and mattresses which are needed at different points during their aspirational home building journey. The company has also spread its product portfolio to serve the institutional segment especially in segments like office seating, desking, and storage solutions. The product assortment covers both the large institutions and small office/home office's needs.

Milestone Furniture (BOM:541337) Headlines

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