Milestone Furniture (BOM:541337) Price-to-Tangible-Book : 0.28 (As of Sep. 24, 2024)

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What is Milestone Furniture Price-to-Tangible-Book?

As of today (2024-09-24), Milestone Furniture's share price is ₹7.59. Milestone Furniture's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹27.52. Hence, Milestone Furniture's Price to Tangible Book Ratio of today is 0.28.

The historical rank and industry rank for Milestone Furniture's Price-to-Tangible-Book or its related term are showing as below:

BOM:541337' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.13 Med: 0.27 Max: 0.59
Current: 0.28

During the past 11 years, Milestone Furniture's highest Price to Tangible Book Ratio was 0.59. The lowest was 0.13. And the median was 0.27.

BOM:541337's Price-to-Tangible-Book is ranked better than
96.73% of 398 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.695 vs BOM:541337: 0.28

A closely related ratio is called PB Ratio. As of today, Milestone Furniture's share price is ₹7.59. Milestone Furniture's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹27.52. Hence, Milestone Furniture's P/B Ratio of today is 0.28.

Milestone Furniture Price-to-Tangible-Book Historical Data

The historical data trend for Milestone Furniture's Price-to-Tangible-Book 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.

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Milestone Furniture Price-to-Tangible-Book Chart

Milestone Furniture Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.18

0.59

0.34

0.19

0.13

Milestone Furniture Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial											0.91	0.34	0.11	0.19	0.13

Competitive Comparison of Milestone Furniture's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Milestone Furniture's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Milestone Furniture's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Milestone Furniture's Price-to-Tangible-Book falls into.

Milestone Furniture Price-to-Tangible-Book Calculation

Milestone Furniture's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	7.59	/	27.52
	=	0.28

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Milestone Furniture Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Milestone Furniture's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Milestone Furniture Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Milestone Furniture Ltd (BOM:541337) » Definitions » Price-to-Tangible-Book

Comparable Companies

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

Website

http://www.milestonefurniture.in

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 Headlines

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