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Torrent Pharmaceuticals (NSE:TORNTPHARM) Price-to-Tangible-Book : (As of May. 13, 2024)


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What is Torrent Pharmaceuticals Price-to-Tangible-Book?

As of today (2024-05-13), Torrent Pharmaceuticals's share price is ₹2599.90. Torrent Pharmaceuticals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Torrent Pharmaceuticals's Price to Tangible Book Ratio of today is .

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

NSE:TORNTPHARM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.73   Med: 22.63   Max: 308.67
Current: 57.51

During the past 13 years, Torrent Pharmaceuticals's highest Price to Tangible Book Ratio was 308.67. The lowest was 4.73. And the median was 22.63.

NSE:TORNTPHARM's Price-to-Tangible-Book is ranked worse than
98.39% of 870 companies
in the Drug Manufacturers industry
Industry Median: 2.405 vs NSE:TORNTPHARM: 57.51

A closely related ratio is called PB Ratio. As of today, Torrent Pharmaceuticals's share price is ₹2599.90. Torrent Pharmaceuticals's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Torrent Pharmaceuticals's P/B Ratio of today is .


Torrent Pharmaceuticals Price-to-Tangible-Book Historical Data

The historical data trend for Torrent Pharmaceuticals'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.

Torrent Pharmaceuticals Price-to-Tangible-Book Chart

Torrent Pharmaceuticals 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 - 308.67 28.51 22.00 67.47

Torrent Pharmaceuticals Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 - 67.47 - 42.67 -

Competitive Comparison of Torrent Pharmaceuticals's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Torrent Pharmaceuticals'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.


Torrent Pharmaceuticals's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Torrent Pharmaceuticals's Price-to-Tangible-Book distribution charts can be found below:

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



Torrent Pharmaceuticals Price-to-Tangible-Book Calculation

Torrent Pharmaceuticals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2599.90/0
=

* 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.


Torrent Pharmaceuticals Price-to-Tangible-Book Related Terms

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


Torrent Pharmaceuticals (NSE:TORNTPHARM) Business Description

Traded in Other Exchanges
Address
Off Ashram Road, Torrent House, Ahmedabad, GJ, IND, 380009
Torrent Pharmaceuticals Ltd is a drug manufacturing company with a focus on the cardiovascular, central nervous system, and gastrointestinal therapeutic areas. It operates through Generic Formulation Business segments. Geographically, the business activities are carried out across Indian and International markets.

Torrent Pharmaceuticals (NSE:TORNTPHARM) Headlines

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