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HRH Next Services (NSE:HRHNEXT) Price-to-Tangible-Book : 6.13 (As of May. 22, 2024)


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What is HRH Next Services Price-to-Tangible-Book?

As of today (2024-05-22), HRH Next Services's share price is ₹37.05. HRH Next Services's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹6.04. Hence, HRH Next Services's Price to Tangible Book Ratio of today is 6.13.

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

NSE:HRHNEXT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.21
Current: 6.13

During the past 3 years, HRH Next Services's highest Price to Tangible Book Ratio was 6.21. The lowest was 0.00. And the median was 0.00.

NSE:HRHNEXT's Price-to-Tangible-Book is ranked worse than
66.14% of 2088 companies
in the Software industry
Industry Median: 3.63 vs NSE:HRHNEXT: 6.13

A closely related ratio is called PB Ratio. As of today, HRH Next Services's share price is ₹37.05. HRH Next Services's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹14.35. Hence, HRH Next Services's P/B Ratio of today is 2.58.

HRH Next Services Price-to-Tangible-Book Historical Data

The historical data trend for HRH Next Services'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.

HRH Next Services Price-to-Tangible-Book Chart

HRH Next Services Annual Data
Trend Mar21 Mar22 Mar23
Price-to-Tangible-Book
- - -

HRH Next Services Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Price-to-Tangible-Book - - - -

Competitive Comparison of HRH Next Services's Price-to-Tangible-Book

For the Information Technology Services subindustry, HRH Next Services'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.

HRH Next Services's Price-to-Tangible-Book Distribution in the Software Industry

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

* The bar in red indicates where HRH Next Services's Price-to-Tangible-Book falls into.


HRH Next Services Price-to-Tangible-Book Calculation

HRH Next Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=37.05/6.044
=6.13

* 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.

HRH Next Services Price-to-Tangible-Book Related Terms

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

HRH Next Services (NSE:HRHNEXT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » HRH Next Services Ltd (NSE:HRHNEXT) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
N/A
Address
Abid Road, C/o G.J. House, 2nd Floor, 4-1-976, Hyderabad, TG, IND, 500001
Website
https://www.hrhnext.com
HRH Next Services Ltd is engaged in Business Process Outsourcing (BPO) offering a comprehensive suite of Call Centre Services, covering Inbound Services, Outbound Services, Backend Support, Chat Support, Email Support and provides efficient end-to-end solutions.

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