TGB Banquets & Hotels (NSE:TGBHOTELS) Price-to-Tangible-Book : (As of May. 22, 2024)

View and export this data going back to 2007. Start your Free Trial

What is TGB Banquets & Hotels Price-to-Tangible-Book?

As of today (2024-05-22), TGB Banquets & Hotels's share price is ₹16.20. TGB Banquets & Hotels's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, TGB Banquets & Hotels's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for TGB Banquets & Hotels's Price-to-Tangible-Book or its related term are showing as below:

NSE:TGBHOTELS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.06 Med: 0.38 Max: 2.47
Current: 0.61

During the past 13 years, TGB Banquets & Hotels's highest Price to Tangible Book Ratio was 2.47. The lowest was 0.06. And the median was 0.38.

NSE:TGBHOTELS's Price-to-Tangible-Book is ranked better than
82.19% of 668 companies
in the Travel & Leisure industry
Industry Median: 1.85 vs NSE:TGBHOTELS: 0.61

A closely related ratio is called PB Ratio. As of today, TGB Banquets & Hotels's share price is ₹16.20. TGB Banquets & Hotels's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, TGB Banquets & Hotels's P/B Ratio of today is .

TGB Banquets & Hotels Price-to-Tangible-Book Historical Data

The historical data trend for TGB Banquets & Hotels'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.

TGB Banquets & Hotels Price-to-Tangible-Book Chart

TGB Banquets & Hotels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.33

0.06

0.13

0.35

0.30

TGB Banquets & Hotels Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.30	-	0.38	-

Competitive Comparison of TGB Banquets & Hotels's Price-to-Tangible-Book

For the Lodging subindustry, TGB Banquets & Hotels'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.

TGB Banquets & Hotels's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TGB Banquets & Hotels's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where TGB Banquets & Hotels's Price-to-Tangible-Book falls into.

TGB Banquets & Hotels Price-to-Tangible-Book Calculation

TGB Banquets & Hotels's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	16.20	/	0
	=

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.

TGB Banquets & Hotels Price-to-Tangible-Book Related Terms

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

TGB Banquets & Hotels (NSE:TGBHOTELS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TGB Banquets & Hotels Ltd (NSE:TGBHOTELS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

532845:India

Address

S.G. Road, The Grand Bhagwati, Plot no. 380, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.thegrandbhagwati.com

TGB Banquets & Hotels Ltd is an Indian company engaged in the lodging business sector. The firm operates hotels, restaurants, and banquets. It operates under the brand name The Grand Bhagwati, also known as TGB in India. Other activities of the company include the provision of catering services. It derives revenue from rooms, food and beverages, and allied services relating to hotel operations.

TGB Banquets & Hotels (NSE:TGBHOTELS) Headlines

No Headlines