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Lowest Price to Book Ratio in the Home Furnishings Industry Detected in Shares of Bassett Furn (BSET, FLXS, ETH, MHK, HOFT)

By Amy Schwartz

Below are the three companies in the Home Furnishings industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.

Bassett Furn ranks lowest with a a price to book ratio of 0.26. Flexsteel Inds is next with a a price to book ratio of 0.32. Ethan Allen ranks third lowest with a a price to book ratio of 0.59.

Mohawk Inds follows with a a price to book ratio of 0.63, and Hooker Furniture rounds out the bottom five with a a price to book ratio of 0.63.

SmarTrend recommended that its subscribers protect gains by selling shares of Bassett Furn on January 24th, 2020 by issuing a Downtrend alert when the shares were trading at $14.64. Since that call, shares of Bassett Furn have fallen 69.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to book ratio bassett furn flexsteel inds ethan allen mohawk inds hooker furniture

Ticker(s): BSET FLXS ETH MHK HOFT