Waaree Renewable Technologies (BOM:534618) Price-to-Tangible-Book : 85.41 (As of May. 26, 2024)

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What is Waaree Renewable Technologies Price-to-Tangible-Book?

As of today (2024-05-26), Waaree Renewable Technologies's share price is ₹1880.20. Waaree Renewable Technologies's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹22.02. Hence, Waaree Renewable Technologies's Price to Tangible Book Ratio of today is 85.41.

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

BOM:534618' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 3.23 Max: 85.41
Current: 85.39

During the past 13 years, Waaree Renewable Technologies's highest Price to Tangible Book Ratio was 85.41. The lowest was 0.90. And the median was 3.23.

BOM:534618's Price-to-Tangible-Book is ranked worse than
99.75% of 397 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.5 vs BOM:534618: 85.39

A closely related ratio is called PB Ratio. As of today, Waaree Renewable Technologies's share price is ₹1880.20. Waaree Renewable Technologies's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹22.30. Hence, Waaree Renewable Technologies's P/B Ratio of today is 84.31.

Waaree Renewable Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Waaree Renewable Technologies'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.

Waaree Renewable Technologies Price-to-Tangible-Book Chart

Waaree Renewable Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.90

5.63

22.12

19.65

63.84

Waaree Renewable Technologies 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															19.65	-	24.23	-	63.84

Competitive Comparison of Waaree Renewable Technologies's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Waaree Renewable Technologies'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.

Waaree Renewable Technologies's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Waaree Renewable Technologies's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Waaree Renewable Technologies's Price-to-Tangible-Book falls into.

Waaree Renewable Technologies Price-to-Tangible-Book Calculation

Waaree Renewable Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1880.20	/	22.015
	=	85.41

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.

Waaree Renewable Technologies Price-to-Tangible-Book Related Terms

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Waaree Renewable Technologies (BOM:534618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Waaree Renewable Technologies Ltd (BOM:534618) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Opposite Western Express Highway, 504, Western Edge - I, Borivali (East), Mumbai, MH, IND, 400066

Website

https://www.waareertl.com

Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar, and Floating Solar.

Waaree Renewable Technologies (BOM:534618) Headlines

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