Below are the three companies in the Footwear industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
K-Swiss (NASDAQ:KSWS) is lowest with a price to book ratio of 0.78. K-Swiss Inc. designs, develops, and markets athletic footwear for sports use, fitness activities, and casual wear. The Company sells its products in the United States through independent sales representatives primarily to specialty athletic footwear stores, pro shops, sporting good stores, and department stores. K-Swiss also sells its products through international distributors.
In the past 52 weeks, shares of K-Swiss have traded between a low of $2.20 and a high of $13.04 and are now at $3.23, which is 47% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has slid 0.6%.
Rocky Brands (NASDAQ:RCKY) is next with a price to book ratio of 0.83.
Finishing up the bottom three is Heelys (NASDAQ:HLYS), with a price to book ratio of 0.92.