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Anand Rathi Wealth (BOM:543415) Price-to-Tangible-Book : 27.08 (As of May. 26, 2024)


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What is Anand Rathi Wealth Price-to-Tangible-Book?

As of today (2024-05-26), Anand Rathi Wealth's share price is ₹4068.85. Anand Rathi Wealth's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹150.27. Hence, Anand Rathi Wealth's Price to Tangible Book Ratio of today is 27.08.

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

BOM:543415' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.58   Med: 8.04   Max: 27.08
Current: 27.08

During the past 6 years, Anand Rathi Wealth's highest Price to Tangible Book Ratio was 27.08. The lowest was 7.58. And the median was 8.04.

BOM:543415's Price-to-Tangible-Book is ranked worse than
99.26% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs BOM:543415: 27.08

A closely related ratio is called PB Ratio. As of today, Anand Rathi Wealth's share price is ₹4068.85. Anand Rathi Wealth's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹155.12. Hence, Anand Rathi Wealth's P/B Ratio of today is 26.23.


Anand Rathi Wealth Price-to-Tangible-Book Historical Data

The historical data trend for Anand Rathi Wealth'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.

Anand Rathi Wealth Price-to-Tangible-Book Chart

Anand Rathi Wealth Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 8.04 7.58 24.57

Anand Rathi Wealth Quarterly Data
Mar19 Mar20 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 7.58 - 13.23 - 24.57

Competitive Comparison of Anand Rathi Wealth's Price-to-Tangible-Book

For the Asset Management subindustry, Anand Rathi Wealth'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.


Anand Rathi Wealth's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anand Rathi Wealth's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Anand Rathi Wealth's Price-to-Tangible-Book falls into.



Anand Rathi Wealth Price-to-Tangible-Book Calculation

Anand Rathi Wealth's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=4068.85/150.27
=27.08

* 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.


Anand Rathi Wealth Price-to-Tangible-Book Related Terms

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


Anand Rathi Wealth (BOM:543415) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Trade Link, 2nd and 3rd Floor, E Wing, B and C Block, Kamla Mill Compound, Lower Parel, Mumbai, MH, IND, 400 013
Anand Rathi Wealth Ltd is a non-bank wealth solutions firm. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.

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