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Salasar Techno Engineering (NSE:SALASAR) Price-to-Tangible-Book : 7.05 (As of Jun. 10, 2024)


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What is Salasar Techno Engineering Price-to-Tangible-Book?

As of today (2024-06-10), Salasar Techno Engineering's share price is ₹20.10. Salasar Techno Engineering's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹2.85. Hence, Salasar Techno Engineering's Price to Tangible Book Ratio of today is 7.05.

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

NSE:SALASAR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5   Med: 2.15   Max: 7.05
Current: 7.05

During the past 12 years, Salasar Techno Engineering's highest Price to Tangible Book Ratio was 7.05. The lowest was 0.50. And the median was 2.15.

NSE:SALASAR's Price-to-Tangible-Book is ranked worse than
96.51% of 602 companies
in the Steel industry
Industry Median: 1.04 vs NSE:SALASAR: 7.05

A closely related ratio is called PB Ratio. As of today, Salasar Techno Engineering's share price is ₹20.10. Salasar Techno Engineering's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹2.85. Hence, Salasar Techno Engineering's P/B Ratio of today is 7.05.


Salasar Techno Engineering Price-to-Tangible-Book Historical Data

The historical data trend for Salasar Techno Engineering'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.

Salasar Techno Engineering Price-to-Tangible-Book Chart

Salasar Techno Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 2.06 2.15 3.14 7.02

Salasar Techno Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.14 - 3.93 - 7.02

Competitive Comparison of Salasar Techno Engineering's Price-to-Tangible-Book

For the Steel subindustry, Salasar Techno Engineering'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.


Salasar Techno Engineering's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Salasar Techno Engineering's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Salasar Techno Engineering's Price-to-Tangible-Book falls into.



Salasar Techno Engineering Price-to-Tangible-Book Calculation

Salasar Techno Engineering's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=20.10/2.851
=7.05

* 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.


Salasar Techno Engineering Price-to-Tangible-Book Related Terms

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


Salasar Techno Engineering (NSE:SALASAR) Business Description

Traded in Other Exchanges
Address
E-20, South Extension I, New Delhi, IND, 110049
Salasar Techno Engineering Ltd is engaged in the manufacturing of galvanized M.S. steel structures and related activities. It is engaged in the manufacturing and fabrication of steel structures for Telecom Towers, Transmission Towers, Utilities Poles, High Mast Poles, Stadium Lighting Poles, Flag Poles, and Smart City Poles Substations Structures, Railway Electrification (OHE), and Solar Module Mounting Structures. The Firm has two reportable segments namely, Steel structure, which derives majority of revenue and comprises manufacturing and sale of Galvanized and Non-galvanized Steel Structures including Telecom Towers, Transmission Line Towers, and Solar Panels; and EPC projects, which comprise survey, supply of materials, design, erection, testing and commissioning on a trunkey basis.

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