GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rajnandini Metal Ltd (NSE:RAJMET) » Definitions » Price-to-Tangible-Book

Rajnandini Metal (NSE:RAJMET) Price-to-Tangible-Book : (As of May. 26, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Rajnandini Metal Price-to-Tangible-Book?

As of today (2024-05-26), Rajnandini Metal's share price is ₹11.05. Rajnandini Metal's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Rajnandini Metal's Price to Tangible Book Ratio of today is .

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

NSE:RAJMET' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.11   Med: 5.35   Max: 23.33
Current: 5.7

During the past 11 years, Rajnandini Metal's highest Price to Tangible Book Ratio was 23.33. The lowest was 1.11. And the median was 5.35.

NSE:RAJMET's Price-to-Tangible-Book is ranked worse than
89.06% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs NSE:RAJMET: 5.70

A closely related ratio is called PB Ratio. As of today, Rajnandini Metal's share price is ₹11.05. Rajnandini Metal's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Rajnandini Metal's P/B Ratio of today is .


Rajnandini Metal Price-to-Tangible-Book Historical Data

The historical data trend for Rajnandini Metal'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.

Rajnandini Metal Price-to-Tangible-Book Chart

Rajnandini Metal Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.11 5.56 21.40 7.48

Rajnandini Metal Quarterly Data
Mar17 Mar18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 7.48 - 5.13 -

Competitive Comparison of Rajnandini Metal's Price-to-Tangible-Book

For the Copper subindustry, Rajnandini Metal'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.


Rajnandini Metal's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rajnandini Metal's Price-to-Tangible-Book distribution charts can be found below:

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



Rajnandini Metal Price-to-Tangible-Book Calculation

Rajnandini Metal's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=11.05/0
=

* 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.


Rajnandini Metal Price-to-Tangible-Book Related Terms

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


Rajnandini Metal (NSE:RAJMET) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 344, Sector - 3, Phase - II, IMT Bawal, Rewari, Bawal, HR, IND, 123501
Rajnandini Metal Ltd is an India-based company mainly y engaged in the business of manufacturing, trading or otherwise deal in high-grade Copper Continuous Casting Rods and copper wires. Its Products offeres Copper Rod Annealed Bare Copper Wire, Fine Copper Wire, Bunched Copper Wire, and Submersible Wires & Flat Cables.

Rajnandini Metal (NSE:RAJMET) Headlines

No Headlines