MLMN (Millennium Prime) Book Value per Share: $-0.01 (As of Jun. 2010)


What is Millennium Prime Book Value per Share?

Millennium Prime MLMN Book Value per Share is $-0.01 as of Jun. 2010.

Millennium Prime's book value per share for the quarter that ended in Jun. 2010 was $-0.01.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Millennium Prime's current price is $0.0027. Its book value per share for the quarter that ended in Jun. 2010 was $-0.01. Hence, today's PB Ratio of Millennium Prime is .

Millennium Prime  (OTCPK:MLMN) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Millennium Prime Book Value per Share Related Terms

Millennium Prime Book Value per Share Historical Data

* Premium members only.

The historical data trend for Millennium Prime's Book Value per Share 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.

Millennium Prime Book Value per Share Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -120.21 -139.46 -151.75 -162.68 -101.36

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
Book Value per Share 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 -95.78 -101.36 -0.12 -0.13 -0.01

MLMN vs MLFB, BTDG, GBBT: Book Value per Share Comparison

For the Beverages - Wineries & Distilleries subindustry, Millennium Prime'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.

Millennium Prime PB Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Millennium Prime's PB Ratio distribution charts can be found below:

* The bar in red indicates where Millennium Prime's PB Ratio falls into.


Millennium Prime Book Value per Share Calculation

Millennium Prime's Book Value Per Share for the fiscal year that ended in Sep. 2009 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-5.07-0.00)/0.05
=-101.36

Millennium Prime's Book Value Per Share for the quarter that ended in Jun. 2010 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-1.87-1.00)/229.93
=-0.01

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $-0.01 mean?
Millennium Prime (MLMN) has a Book Value per Share of $-0.01 as of Jun. 2010. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's Book Value per Share too high?
Millennium Prime's current Book Value per Share is $-0.01.
How does Millennium Prime's Book Value per Share compare to MLFB and BTDG?
Millennium Prime's Book Value per Share of $-0.01 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Beverages - Alcoholic company?
A good Book Value per Share depends on the Beverages - Alcoholic industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Millennium Prime and its competitors. Millennium Prime's current Book Value per Share is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Prime stock overvalued right now?
Millennium Prime (MLMN) has a current Book Value per Share of $-0.01. The current Book Value per Share is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Millennium Prime (MLMN), the current Book Value per Share is $-0.01 as of Jun. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Millennium Prime Business Description

Address 6538 Collins Avenue, Suite 382, Miami Beach, FL, USA, 33141
Millennium Prime Inc develops superior lifestyle innovations for the millennial generation. The company's focus is on marketing products for the beverage, apparel, and entertainment categories, where it can achieve a clear and authentic market position by targeting consumers who live a lifestyle filled with high style, artistic edge, and a demand for the products. Through its subsidiary, the company functions as an importer and distributor of alcohol products, including Bong Spirit's Super Premium Vodka, which has an exclusive bong-shaped bottle.