Loyal Textile Mills (BOM:514036) Price-to-Tangible-Book : 0.92 (As of May. 27, 2024)

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What is Loyal Textile Mills Price-to-Tangible-Book?

As of today (2024-05-27), Loyal Textile Mills's share price is ₹638.45. Loyal Textile Mills's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹694.87. Hence, Loyal Textile Mills's Price to Tangible Book Ratio of today is 0.92.

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

BOM:514036' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38 Med: 0.91 Max: 1.84
Current: 0.92

During the past 13 years, Loyal Textile Mills's highest Price to Tangible Book Ratio was 1.84. The lowest was 0.38. And the median was 0.91.

BOM:514036's Price-to-Tangible-Book is ranked better than
65.96% of 993 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.33 vs BOM:514036: 0.92

A closely related ratio is called PB Ratio. As of today, Loyal Textile Mills's share price is ₹638.45. Loyal Textile Mills's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹696.14. Hence, Loyal Textile Mills's P/B Ratio of today is 0.92.

Loyal Textile Mills Price-to-Tangible-Book Historical Data

The historical data trend for Loyal Textile Mills'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.

* Premium members only.

Loyal Textile Mills Price-to-Tangible-Book Chart

Loyal Textile Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.87

0.38

0.86

1.44

0.76

Loyal Textile Mills Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.76	-	0.91	0.97

Competitive Comparison of Loyal Textile Mills's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Loyal Textile Mills'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.

Loyal Textile Mills's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Loyal Textile Mills's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Loyal Textile Mills's Price-to-Tangible-Book falls into.

Loyal Textile Mills Price-to-Tangible-Book Calculation

Loyal Textile Mills's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	638.45	/	694.869
	=	0.92

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.

Loyal Textile Mills Price-to-Tangible-Book Related Terms

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

Loyal Textile Mills (BOM:514036) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Loyal Textile Mills Ltd (BOM:514036) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

LOYALTEX:India

Address

1st Main Road, No. 83, R. A. Puram, Mandaveli, Chennai, TN, IND, 600028

Website

https://www.loyaltextiles.com

Loyal Textile Mills Ltd is an India-based company that provides various products and services for the textile and apparel industries. It is engaged in the manufacturing of yarn, woven fabric, knitted fabric, and technical clothing. The company operates in two business segments that are manufacturing and trading activities. Its main products are yarn, cloth, and hosiery cloth. The manufacturing of cloth and hosiery cloth generates maximum revenue for the company. Geographically the company exports its product to Asia, Europe, America, and others; out of which the Asia region generates maximum revenue for the company.

Loyal Textile Mills (BOM:514036) Headlines

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