Machhar Industries (BOM:543934) Price-to-Tangible-Book : 2.24 (As of May. 28, 2024)

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

As of today (2024-05-28), Machhar Industries's share price is ₹349.00. Machhar Industries's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹155.84. Hence, Machhar Industries's Price to Tangible Book Ratio of today is 2.24.

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

BOM:543934' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.39 Med: 0.39 Max: 2.29
Current: 2.24

During the past 5 years, Machhar Industries's highest Price to Tangible Book Ratio was 2.29. The lowest was 0.39. And the median was 0.39.

BOM:543934's Price-to-Tangible-Book is ranked worse than
60.46% of 1487 companies
in the Chemicals industry
Industry Median: 1.81 vs BOM:543934: 2.24

A closely related ratio is called PB Ratio. As of today, Machhar Industries's share price is ₹349.00. Machhar Industries's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹155.84. Hence, Machhar Industries's P/B Ratio of today is 2.24.

Machhar Industries Price-to-Tangible-Book Historical Data

The historical data trend for Machhar 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.

Machhar Industries Price-to-Tangible-Book Chart

Machhar Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Machhar Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	0.39

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

For the Specialty Chemicals subindustry, Machhar 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.

Machhar Industries's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Machhar Industries's Price-to-Tangible-Book distribution charts can be found below:

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

Machhar Industries Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	349.00	/	155.836
	=	2.24

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.

Machhar Industries Price-to-Tangible-Book Related Terms

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

Machhar Industries (BOM:543934) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Machhar Industries Ltd (BOM:543934) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalna Road, Mondha Naka, City Pride Building, 1st Floor, FF-107, Above Domino’s, Aurangabad, MH, IND, 431001

Website

https://www.machharind.com

Machhar Industries Ltd operates with three distinct divisions: the explosive division, the transportation division, and Adblue (DEF). The company generates maximum revenue from the Transportation division.

Machhar Industries (BOM:543934) Headlines

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