Miller Industries (MLR) - P/B ratio

P/B ratio as of November 2024 : 1.99

According to Miller Industries's latest financial reports the company has a price-to-book ratio of 0.586015.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Miller Industries - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.39	34.13%
2022-12-31	1.04	-22.54%
2021-12-31	1.34	-12.78%
2020-12-31	1.54	-6.45%
2019-12-31	1.64	21.39%
2018-12-31	1.35	-6.47%
2017-12-31	1.45	-11.08%
2016-12-31	1.63	14.42%
2015-12-31	1.42	1.85%
2014-12-31	1.39	7.48%
2013-12-31	1.30	20.12%
2012-12-31	1.08	-6.43%
2011-12-31	1.15	4.35%
2010-12-31	1.11	18.6%
2009-12-31	0.9331	100.39%
2008-12-31	0.4656	-61.12%
2007-12-31	1.20	-50.85%
2006-12-31	2.44	-31.23%
2005-12-31	3.54	31.17%
2004-12-31	2.70	7.79%
2003-12-31	2.51	212.26%
2002-12-31	0.8024

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Stoneridge SRI	0.7023	-64.77%	🇺🇸 USA
Oshkosh Corporation OSK	1.72	-13.59%	🇺🇸 USA
American Axle & Manufacturing AXL	1.11	-44.17%	🇺🇸 USA
Superior Industries International SUP	0.8764	-56.03%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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