Party Cruisers (NSE:PARTYCRUS) Price-to-Tangible-Book : 6.00 (As of May. 26, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Party Cruisers Price-to-Tangible-Book?

As of today (2024-05-26), Party Cruisers's share price is ₹124.00. Party Cruisers's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹20.66. Hence, Party Cruisers's Price to Tangible Book Ratio of today is 6.00.

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

NSE:PARTYCRUS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.32 Med: 2.57 Max: 13.81
Current: 6

During the past 6 years, Party Cruisers's highest Price to Tangible Book Ratio was 13.81. The lowest was 1.32. And the median was 2.57.

NSE:PARTYCRUS's Price-to-Tangible-Book is ranked worse than
82.16% of 869 companies
in the Business Services industry
Industry Median: 2.07 vs NSE:PARTYCRUS: 6.00

A closely related ratio is called PB Ratio. As of today, Party Cruisers's share price is ₹124.00. Party Cruisers's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹20.66. Hence, Party Cruisers's P/B Ratio of today is 6.00.

Party Cruisers Price-to-Tangible-Book Historical Data

The historical data trend for Party Cruisers'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.

Party Cruisers Price-to-Tangible-Book Chart

Party Cruisers Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.32

5.76

2.18

Party Cruisers Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial					1.45	5.76	13.81	2.18	2.95

Competitive Comparison of Party Cruisers's Price-to-Tangible-Book

For the Specialty Business Services subindustry, Party Cruisers'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.

Party Cruisers's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Party Cruisers's Price-to-Tangible-Book distribution charts can be found below:

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

Party Cruisers Price-to-Tangible-Book Calculation

Party Cruisers's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	124.00	/	20.657
	=	6.00

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.

Party Cruisers Price-to-Tangible-Book Related Terms

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

Party Cruisers (NSE:PARTYCRUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Party Cruisers Ltd (NSE:PARTYCRUS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

303/304/305 Simran Plaza, Khar 4th Road, Near Hotel Regal Enclave, Khar (West), Mumbai, MH, IND, 400 052

Website

https://www.partycruisersindia.com

Party Cruisers Ltd specializes in Wedding Management and Events Management Business. The Wedding management services range from pre-wedding, during the wedding and post-wedding events like in-house designing, designation wedding event decor and others; The Event services range from planning and marketing to production and decor and others.

Party Cruisers (NSE:PARTYCRUS) Headlines

No Headlines