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Tata Technologies (BOM:544028) Price-to-Tangible-Book : 17.83 (As of May. 19, 2024)


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What is Tata Technologies Price-to-Tangible-Book?

As of today (2024-05-19), Tata Technologies's share price is ₹1046.05. Tata Technologies's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹58.68. Hence, Tata Technologies's Price to Tangible Book Ratio of today is 17.83.

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

BOM:544028' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 17.21   Med: 17.4   Max: 18.03
Current: 17.83

During the past 5 years, Tata Technologies's highest Price to Tangible Book Ratio was 18.03. The lowest was 17.21. And the median was 17.40.

BOM:544028's Price-to-Tangible-Book is ranked worse than
87.49% of 2086 companies
in the Software industry
Industry Median: 3.645 vs BOM:544028: 17.83

A closely related ratio is called PB Ratio. As of today, Tata Technologies's share price is ₹1046.05. Tata Technologies's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹79.40. Hence, Tata Technologies's P/B Ratio of today is 13.18.

Tata Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Tata 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.

Tata Technologies Price-to-Tangible-Book Chart

Tata Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
- - - - 17.40

Tata Technologies Quarterly Data
Mar20 Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 17.40

Competitive Comparison of Tata Technologies's Price-to-Tangible-Book

For the Information Technology Services subindustry, Tata 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.

Tata Technologies's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Tata Technologies's Price-to-Tangible-Book distribution charts can be found below:

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


Tata Technologies Price-to-Tangible-Book Calculation

Tata 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 )
=1046.05/58.682
=17.83

* 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:

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.

Tata Technologies Price-to-Tangible-Book Related Terms

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

Tata Technologies (BOM:544028) Business Description

Industry
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TATATECH:India
Address
Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411 057
Website
https://www.tatatechnologies.com/in
Tata Technologies Ltd is a engineering services company offering product development and digital solutions, including turnkey solutions, to original equipment manufacturers (OEMs) and their tier-1 suppliers. It endeavors to create value for its clients by helping them develop safer products, and cleaner and improve the quality of life for their end-customers. It has deep domain expertise in the automotive industry and leverages this expertise to serve its clients in adjacent industries, such as aerospace and transportation and construction heavy machinery. As an organization, it brings together diverse teams from different parts of the world with multiple skill sets to collaborate in real time and solve complex engineering problems for its clients.

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