Mcmillan Shakespeare Stock Price To Book

MMS Stock   15.12  0.22  1.48%   
Mcmillan Shakespeare fundamentals help investors to digest information that contributes to Mcmillan Shakespeare's financial success or failures. It also enables traders to predict the movement of Mcmillan Stock. The fundamental analysis module provides a way to measure Mcmillan Shakespeare's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mcmillan Shakespeare stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Mcmillan Shakespeare Company Price To Book Analysis

Mcmillan Shakespeare's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Mcmillan Shakespeare Price To Book

    
  8.05 X  
Most of Mcmillan Shakespeare's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mcmillan Shakespeare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

Based on the latest financial disclosure, Mcmillan Shakespeare has a Price To Book of 8.0538 times. This is 36.51% higher than that of the Professional Services sector and significantly higher than that of the Industrials industry. The price to book for all Australia stocks is 15.31% higher than that of the company.

Mcmillan Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mcmillan Shakespeare's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mcmillan Shakespeare could also be used in its relative valuation, which is a method of valuing Mcmillan Shakespeare by comparing valuation metrics of similar companies.
Mcmillan Shakespeare is currently under evaluation in price to book category among its peers.

Mcmillan Fundamentals

About Mcmillan Shakespeare Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mcmillan Shakespeare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mcmillan Shakespeare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mcmillan Shakespeare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Mcmillan Stock Analysis

When running Mcmillan Shakespeare's price analysis, check to measure Mcmillan Shakespeare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mcmillan Shakespeare is operating at the current time. Most of Mcmillan Shakespeare's value examination focuses on studying past and present price action to predict the probability of Mcmillan Shakespeare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mcmillan Shakespeare's price. Additionally, you may evaluate how the addition of Mcmillan Shakespeare to your portfolios can decrease your overall portfolio volatility.