Alpex Solar (NSE:ALPEXSOLAR) Price-to-Tangible-Book : 33.32 (As of May. 26, 2024)

View and export this data going back to 2024. Start your Free Trial

What is Alpex Solar Price-to-Tangible-Book?

As of today (2024-05-26), Alpex Solar's share price is ₹668.10. Alpex Solar's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹20.05. Hence, Alpex Solar's Price to Tangible Book Ratio of today is 33.32.

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

NSE:ALPEXSOLAR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 35.2
Current: 33.32

During the past 3 years, Alpex Solar's highest Price to Tangible Book Ratio was 35.20. The lowest was 0.00. And the median was 0.00.

NSE:ALPEXSOLAR's Price-to-Tangible-Book is ranked worse than
98.1% of 948 companies
in the Semiconductors industry
Industry Median: 2.62 vs NSE:ALPEXSOLAR: 33.32

A closely related ratio is called PB Ratio. As of today, Alpex Solar's share price is ₹668.10. Alpex Solar's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹20.05. Hence, Alpex Solar's P/B Ratio of today is 33.32.

Alpex Solar Price-to-Tangible-Book Historical Data

The historical data trend for Alpex Solar'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.

Alpex Solar Price-to-Tangible-Book Chart

Alpex Solar Annual Data

Trend

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Alpex Solar Quarterly Data
	Mar21	Mar22	Mar23	Sep23
Price-to-Tangible-Book	-	-	-	-

Competitive Comparison of Alpex Solar's Price-to-Tangible-Book

For the Solar subindustry, Alpex Solar'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.

Alpex Solar's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Alpex Solar's Price-to-Tangible-Book distribution charts can be found below:

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

Alpex Solar Price-to-Tangible-Book Calculation

Alpex Solar's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	668.10	/	20.05
	=	33.32

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.

Alpex Solar Price-to-Tangible-Book Related Terms

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

Alpex Solar (NSE:ALPEXSOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Alpex Solar Ltd (NSE:ALPEXSOLAR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. Company portfolio of solar energy products consists of bifacial, mono perc, Halfcut solar PV modules and also provide integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories.

Alpex Solar (NSE:ALPEXSOLAR) Headlines

No Headlines