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Maksons Spinning Mills (DHA:MAKSONSPIN) PB Ratio : 0.96 (As of May. 11, 2024)


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What is Maksons Spinning Mills 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 (2024-05-11), Maksons Spinning Mills's share price is BDT13.60. Maksons Spinning Mills's Book Value per Share for the quarter that ended in Dec. 2023 was BDT14.14. Hence, Maksons Spinning Mills's PB Ratio of today is 0.96.

The historical rank and industry rank for Maksons Spinning Mills's PB Ratio or its related term are showing as below:

DHA:MAKSONSPIN' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.58   Max: 1.62
Current: 1

During the past 13 years, Maksons Spinning Mills's highest PB Ratio was 1.62. The lowest was 0.22. And the median was 0.58.

DHA:MAKSONSPIN's PB Ratio is ranked better than
60.48% of 1007 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.24 vs DHA:MAKSONSPIN: 1.00

During the past 12 months, Maksons Spinning Mills's average Book Value Per Share Growth Rate was -35.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Maksons Spinning Mills was 41.40% per year. The lowest was -9.30% per year. And the median was 2.10% per year.

Back to Basics: PB Ratio


Maksons Spinning Mills PB Ratio Historical Data

The historical data trend for Maksons Spinning Mills'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.

Maksons Spinning Mills PB Ratio Chart

Maksons Spinning Mills Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.28 0.98 1.15 1.38

Maksons Spinning Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.02 1.17 1.38 1.48 1.58

Competitive Comparison of Maksons Spinning Mills's PB Ratio

For the Textile Manufacturing subindustry, Maksons Spinning Mills'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.


Maksons Spinning Mills's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Maksons Spinning Mills's PB Ratio distribution charts can be found below:

* The bar in red indicates where Maksons Spinning Mills's PB Ratio falls into.



Maksons Spinning Mills 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.

Maksons Spinning Mills's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=13.60/14.141
=0.96

* 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.


Maksons Spinning Mills  (DHA:MAKSONSPIN) 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.


Maksons Spinning Mills PB Ratio Related Terms

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


Maksons Spinning Mills (DHA:MAKSONSPIN) Business Description

Traded in Other Exchanges
N/A
Address
House No. 17, Road No. 6, Sector No. 1, Uttara Model Town, Dhaka, BGD, 1230
Maksons Spinning Mills Ltd is Bangladesh based company in the production and sale of cotton yarn and also it offers cotton combed and carded yarn to the export-oriented readymade garments and knitting industries. The company's specialties are following Carded Yarn, Organic Yarn (Carded, Combed, Slub, Grey melange), Combed Yarn, Slub Yarn, BCI Yarn, Compact Combed Yarn, Grey Melange Yarn, and slub yarn.

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