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Measurement Specialties (FRA:MEG) PB Ratio : 3.97 (As of Jun. 05, 2024)


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What is Measurement Specialties 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 (2024-06-05), Measurement Specialties's share price is €62.35. Measurement Specialties's Book Value per Share for the quarter that ended in Jun. 2014 was €15.69. Hence, Measurement Specialties's PB Ratio of today is 3.97.

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

FRA:MEG' s PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 2.38   Max: 6.07
Current: 4.03

During the past 13 years, Measurement Specialties's highest PB Ratio was 6.07. The lowest was 0.25. And the median was 2.38.

FRA:MEG's PB Ratio is not ranked
in the Hardware industry.
Industry Median: 1.89 vs FRA:MEG: 4.03

During the past 12 months, Measurement Specialties's average Book Value Per Share Growth Rate was 13.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Measurement Specialties was 63.30% per year. The lowest was -5.80% per year. And the median was 25.30% per year.

Back to Basics: PB Ratio


Measurement Specialties PB Ratio Historical Data

The historical data trend for Measurement Specialties'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.

Measurement Specialties PB Ratio Chart

Measurement Specialties Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.95

Measurement Specialties Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 2.95 3.99

Competitive Comparison of Measurement Specialties's PB Ratio

For the Scientific & Technical Instruments subindustry, Measurement Specialties'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.


Measurement Specialties's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Measurement Specialties's PB Ratio distribution charts can be found below:

* The bar in red indicates where Measurement Specialties's PB Ratio falls into.



Measurement Specialties 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.

Measurement Specialties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2014)
=62.35/15.694
=3.97

* 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.


Measurement Specialties  (FRA:MEG) 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.


Measurement Specialties PB Ratio Related Terms

Thank you for viewing the detailed overview of Measurement Specialties's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Measurement Specialties (FRA:MEG) Business Description

Traded in Other Exchanges
N/A
Address
Measurement Specialties, Inc. is a New Jersey corporation organized in 1981. The Company is engaged in the design, development and manufacture of sensors and sensor-based systems for original equipment manufacturers (OEM) and end users, based on a broad portfolio of proprietary technology and typically characterized by the MEAS brand name. The Company is a multi-national corporation with fifteen main manufacturing facilities strategically located in the United States, China and Europe, enabling the Company to produce and market an array of sensors that use advanced technologies to measure precise ranges of physical characteristics. These sensors are used for engine and vehicle, medical, general industrial, consumer and home appliance, military/aerospace, and test and measurement applications. The Company's products include sensors for measuring pressure, linear/rotary position, force, torque, piezoelectric polymer film sensors, custom microstructures, load cells, vibrations and acceleration, optical absorption, humidity, gas concentration, gas flow rate, temperature, fluid properties and fluid level. The Company's advanced technologies include piezoresistive silicon, polymer and ceramic piezoelectric materials, application specific integrated circuits, micro-electromechanical systems ('MEMS'), foil strain gauges, electromagnetic force balance systems, fluid capacitive devices, linear and rotational variable differential transformers, anisotropic magneto-resistive devices, electromagnetic displacement sensors, hygroscopic capacitive structures, ultrasonic measurement systems, optical measurement systems, negative thermal coefficient ('NTC') ceramic sensors, 3-6 DOF (degree of freedom) force/torque structures, complex mechanical resonators, magnetic reed switches, high frequency multipoint scanning algorithms, and high precision submersible hydrostatic level detection. The Company's competitors include small independent companies and divisions of large corporations such as Danaher, General Electric, Schneider-Electric and Honeywell.