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Tai Industries (BOM:519483) Price-to-Tangible-Book : 0.86 (As of Jun. 08, 2024)


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What is Tai Industries Price-to-Tangible-Book?

As of today (2024-06-08), Tai Industries's share price is ₹41.49. Tai Industries's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹48.25. Hence, Tai Industries's Price to Tangible Book Ratio of today is 0.86.

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

BOM:519483' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34   Med: 0.83   Max: 1.73
Current: 0.86

During the past 13 years, Tai Industries's highest Price to Tangible Book Ratio was 1.73. The lowest was 0.34. And the median was 0.83.

BOM:519483's Price-to-Tangible-Book is ranked better than
80.85% of 282 companies
in the Retail - Defensive industry
Industry Median: 2.015 vs BOM:519483: 0.86

A closely related ratio is called PB Ratio. As of today, Tai Industries's share price is ₹41.49. Tai Industries's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹48.26. Hence, Tai Industries's P/B Ratio of today is 0.86.


Tai Industries Price-to-Tangible-Book Historical Data

The historical data trend for Tai Industries'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.

Tai Industries Price-to-Tangible-Book Chart

Tai Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.34 1.73 0.90 0.84

Tai Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 - 0.84 - 0.84

Competitive Comparison of Tai Industries's Price-to-Tangible-Book

For the Food Distribution subindustry, Tai Industries'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.


Tai Industries's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tai Industries's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tai Industries's Price-to-Tangible-Book falls into.



Tai Industries Price-to-Tangible-Book Calculation

Tai Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=41.49/48.252
=0.86

* 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.

It can also be calculated from the numbers for the whole company:

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.


Tai Industries Price-to-Tangible-Book Related Terms

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


Tai Industries (BOM:519483) Business Description

Traded in Other Exchanges
N/A
Address
53A, Mirza Ghalib Street, 3rd Floor, Kolkata, WB, IND, 700 016
Tai Industries Ltd is an India-based trading organization. It is involved in the marketing and distribution, in India, of DRUK brand of fruit products such as Squashes, Jams, Fruit juices, Pickles, and Sauces. In addition, it is also engaged in trading and marketing of industrial and mineral products and raw materials such as Calcium carbide, Charcoal, Manganese ore, and Others.

Tai Industries (BOM:519483) Headlines

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