GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flair Writing Industries Ltd (NSE:FLAIR) » Definitions » Price-to-Tangible-Book

Flair Writing Industries (NSE:FLAIR) Price-to-Tangible-Book : 6.99 (As of May. 08, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Flair Writing Industries Price-to-Tangible-Book?

As of today (2024-05-08), Flair Writing Industries's share price is ₹287.10. Flair Writing Industries's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹41.05. Hence, Flair Writing Industries's Price to Tangible Book Ratio of today is 6.99.

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

NSE:FLAIR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.42
Current: 7.01

During the past 5 years, Flair Writing Industries's highest Price to Tangible Book Ratio was 7.42. The lowest was 0.00. And the median was 0.00.

NSE:FLAIR's Price-to-Tangible-Book is ranked worse than
87.31% of 2822 companies
in the Industrial Products industry
Industry Median: 2.13 vs NSE:FLAIR: 7.01

A closely related ratio is called PB Ratio. As of today, Flair Writing Industries's share price is ₹287.10. Flair Writing Industries's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹41.27. Hence, Flair Writing Industries's P/B Ratio of today is 6.96.

Flair Writing Industries Price-to-Tangible-Book Historical Data

The historical data trend for Flair Writing 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.

Flair Writing Industries Price-to-Tangible-Book Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23
Price-to-Tangible-Book
- - - - -

Flair Writing Industries Semi-Annual Data
Mar17 Mar18 Mar21 Mar22 Mar23
Price-to-Tangible-Book - - - - -

Competitive Comparison of Flair Writing Industries's Price-to-Tangible-Book

For the Business Equipment & Supplies subindustry, Flair Writing 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.

Flair Writing Industries's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flair Writing Industries's Price-to-Tangible-Book distribution charts can be found below:

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


Flair Writing Industries Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2023 )
=287.10/41.045
=6.99

* 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.

Flair Writing Industries Price-to-Tangible-Book Related Terms

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

Flair Writing Industries (NSE:FLAIR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flair Writing Industries Ltd (NSE:FLAIR) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
544030:India
Address
63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067
Website
https://www.flairworld.in
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

Flair Writing Industries (NSE:FLAIR) Headlines

No Headlines