MSM International (SGX:51O) PB Ratio: 0.53 (As of Sep. 14, 2026) — 39% Above Median

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Director of Data and Quant Analytics at GuruFocus
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SGX:51O MSM International Ltd SGX:51O
36 GF Score
Price S$0.28
GF Value S$0.20
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is MSM International PB Ratio?

MSM International SGX:51O 36 PB Ratio is 0.53 as of Sep. 14, 2026, which is 39% above its 10-year median of 0.38. GuruFocus rates SGX:51O with a GF Score™ of 36/100 and a GF Value™ of S$0.20 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 418 Furnishings, Fixtures & Appliances companies, MSM International ranks better than 80.14% on this metric.

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 (2026-09-14), MSM International's share price is S$0.28. MSM International's Book Value per Share for the quarter that ended in Mar. 2026 was S$0.53. Hence, MSM International's PB Ratio of today is 0.53.

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

SGX:51O' s PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.38   Max: 0.78
Current: 0.53

During the past 13 years, MSM International's highest PB Ratio was 0.78. The lowest was 0.12. And the median was 0.38.

SGX:51O's PB Ratio is ranked better than
80.14% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.395 vs SGX:51O: 0.53

During the past 12 months, MSM International's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MSM International was 38.20% per year. The lowest was -17.30% per year. And the median was -0.70% per year.

Back to Basics: PB Ratio


MSM International  (SGX:51O) 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.


MSM International PB Ratio Related Terms


MSM International PB Ratio Historical Data

* Premium members only.

The historical data trend for MSM International'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.

MSM International PB Ratio Chart

MSM International Annual Data
Trend Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.36 0.58 0.23 0.72

MSM International Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.58 0.33 0.23 0.26 0.72

SGX:51O vs SN, SGI, MHK: PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, MSM International'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.


MSM International PB Ratio vs Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where MSM International's PB Ratio falls into.


SGX:51O
36GF Score
MSM International Ltd SGX:51O
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MSM International 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.

MSM International's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.28/0.532
=0.53

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.53 mean?
MSM International (SGX:51O) has a PB Ratio of 0.53 as of Sep. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MSM International and its competitors. This is 39% above median its historical median of 0.38. Over the past decade, MSM International's PB Ratio has ranged from 0.12 to 0.78. According to the industry distribution chart, MSM International ranks #83 out of 418 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 19.9%.
Is MSM International's PB Ratio too high?
MSM International's current PB Ratio of 0.53 is 39% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.78. The Furnishings, Fixtures & Appliances industry median PB Ratio is 1.40. MSM International's value of 0.53 is 62% below this industry median. Based on the distribution chart, MSM International ranks #83 out of 418 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, MSM International has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MSM International's PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, MSM International ranks #83 out of 418 companies for PB Ratio. This places MSM International in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.40. MSM International's value of 0.53 is 62% below this benchmark. Historically, MSM International's own PB Ratio has ranged from 0.12 to 0.78 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.40, MSM International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Furnishings, Fixtures & Appliances company?
The median PB Ratio among Furnishings, Fixtures & Appliances companies is 1.40, based on 418 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MSM International's current PB Ratio of 0.53 is 62% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MSM International and its competitors. For the Furnishings, Fixtures & Appliances industry, the median PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSM International's current PB Ratio is 0.53, which is 39% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSM International stock overvalued right now?
Based on GuruFocus' analysis, MSM International (SGX:51O) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.20, compared to a current price of S$0.28 — trading 40% above its estimated fair value. The current PB Ratio is 0.53, which is 39% above median its 10-year median of 0.38 and 62% below the Furnishings, Fixtures & Appliances industry median of 1.40. MSM International's overall GF Score™ is 36/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For MSM International (SGX:51O), the current PB Ratio is 0.53 as of Sep. 14, 2026. 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.

Is MSM International (SGX:51O) Overvalued in 2026?

Based on GuruFocus' analysis, MSM International stock appears to be overvalued. The current stock price of S$0.28 is trading 40% above its estimated GF Value™ of S$0.20. GuruFocus considers MSM International to be Significantly Overvalued.

Key valuation signals for SGX:51O:

  • PB Ratio: 0.53 (39% above median its 10-year median of 0.38)
  • GF Value™: S$0.20 vs. price of S$0.28 (40% above fair value)
  • GF Score™: 36/100 with 3 warning signs
  • Industry Position: 62% below the Furnishings, Fixtures & Appliances median (#83 of 418)

No single metric tells the full story. See the SGX:51O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MSM International Business Description

Address Jalan KPB 5, Lot 1909, Kawasan Perindustrian Kampung Baru Balakong, Seri Kembangan, SGR, MYS, 43300
MSM International Ltd is an integrated metal engineering company. The company offers a comprehensive suite of services spanning design, product development, prototyping, tool and die fabrication, production, and assembly. Its business activities are segmented into three segments: OEM contract manufacturing, Kitchen appliances, equipment, and related services, and cleanrooms and laboratories. Maximum revenue for the company is generated from its OEM contract manufacturing segment. Geographically, it operates in markets like Malaysia, which is its key revenue-generating market, Singapore, Indonesia, and other countries.
36GF Score

Get the complete analysis for SGX:51O

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.28
Price
S$0.20
GF Value