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Solex Energy (NSE:SMSOLEX) Price-to-Tangible-Book : 31.91 (As of May. 25, 2024)


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What is Solex Energy Price-to-Tangible-Book?

As of today (2024-05-25), Solex Energy's share price is ₹1522.65. Solex Energy's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹47.71. Hence, Solex Energy's Price to Tangible Book Ratio of today is 31.91.

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

NSE:SMSOLEX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44   Med: 1.19   Max: 31.91
Current: 31.91

During the past 9 years, Solex Energy's highest Price to Tangible Book Ratio was 31.91. The lowest was 0.44. And the median was 1.19.

NSE:SMSOLEX's Price-to-Tangible-Book is ranked worse than
98% of 948 companies
in the Semiconductors industry
Industry Median: 2.62 vs NSE:SMSOLEX: 31.91

A closely related ratio is called PB Ratio. As of today, Solex Energy's share price is ₹1522.65. Solex Energy's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹47.81. Hence, Solex Energy's P/B Ratio of today is 31.85.


Solex Energy Price-to-Tangible-Book Historical Data

The historical data trend for Solex Energy'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.

Solex Energy Price-to-Tangible-Book Chart

Solex Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 0.84 0.44 0.73 2.61 9.15

Solex Energy Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.05 2.61 8.29 9.15 12.26

Competitive Comparison of Solex Energy's Price-to-Tangible-Book

For the Solar subindustry, Solex Energy'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.


Solex Energy's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solex Energy's Price-to-Tangible-Book distribution charts can be found below:

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



Solex Energy Price-to-Tangible-Book Calculation

Solex Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=1522.65/47.713
=31.91

* 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.


Solex Energy Price-to-Tangible-Book Related Terms

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


Solex Energy (NSE:SMSOLEX) Business Description

Traded in Other Exchanges
N/A
Address
Near Madhuvan Circle, L.P. Savani Road, 310-303, Trinity Business Park, Pal, Surat, GJ, IND, 395009
Solex Energy Ltd is engaged in providing renewable energy solutions, specializing in the manufacturing of solar photovoltaic modules, solar home lights, solar street lights, solar lanterns, solar power plants, solar inverters, and solar water, among others.

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