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Prudentorate Advisory Services (NSE:PRUDENT) Price-to-Tangible-Book : 18.56 (As of May. 22, 2024)


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What is Prudentorate Advisory Services Price-to-Tangible-Book?

As of today (2024-05-22), Prudentorate Advisory Services's share price is ₹1630.35. Prudentorate Advisory Services's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹87.84. Hence, Prudentorate Advisory Services's Price to Tangible Book Ratio of today is 18.56.

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

NSE:PRUDENT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 14.32   Med: 14.9   Max: 18.56
Current: 18.56

During the past 6 years, Prudentorate Advisory Services's highest Price to Tangible Book Ratio was 18.56. The lowest was 14.32. And the median was 14.90.

NSE:PRUDENT's Price-to-Tangible-Book is ranked worse than
98.83% of 1624 companies
in the Asset Management industry
Industry Median: 0.965 vs NSE:PRUDENT: 18.56

A closely related ratio is called PB Ratio. As of today, Prudentorate Advisory Services's share price is ₹1630.35. Prudentorate Advisory Services's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹116.25. Hence, Prudentorate Advisory Services's P/B Ratio of today is 14.02.


Prudentorate Advisory Services Price-to-Tangible-Book Historical Data

The historical data trend for Prudentorate Advisory 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.

Prudentorate Advisory Services Price-to-Tangible-Book Chart

Prudentorate Advisory Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 15.44 14.28

Prudentorate Advisory Services Quarterly Data
Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 15.44 16.70 - 14.28

Competitive Comparison of Prudentorate Advisory Services's Price-to-Tangible-Book

For the Asset Management subindustry, Prudentorate Advisory 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.


Prudentorate Advisory Services's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prudentorate Advisory Services's Price-to-Tangible-Book distribution charts can be found below:

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



Prudentorate Advisory Services Price-to-Tangible-Book Calculation

Prudentorate Advisory Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1630.35/87.84
=18.56

* 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:

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.


Prudentorate Advisory Services Price-to-Tangible-Book Related Terms

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


Prudentorate Advisory Services (NSE:PRUDENT) Business Description

Traded in Other Exchanges
Address
Panjarapole Cross Road, Prudent House, 3 Devang Park Society, Nr. Polytechnic, Ambawadi, Ahmedabad, GJ, IND, 380 015
Prudent Corporate Advisory Services Ltd provides retail wealth management services. The company offers Mutual Fund products, Life and General Insurance solutions, Stock Broking services, SIP with Insurance, Gold Accumulation Plans, Asset Allocation, Fixed Income Products, Property, and loans.

Prudentorate Advisory Services (NSE:PRUDENT) Headlines

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