Lakshmi Machine Works (BOM:500252) Price-to-Tangible-Book : 6.29 (As of Jun. 09, 2024)

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What is Lakshmi Machine Works Price-to-Tangible-Book?

As of today (2024-06-09), Lakshmi Machine Works's share price is ₹15835.00. Lakshmi Machine Works's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹2,517.60. Hence, Lakshmi Machine Works's Price to Tangible Book Ratio of today is 6.29.

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

BOM:500252' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.49 Med: 3.97 Max: 6.29
Current: 6.29

During the past 13 years, Lakshmi Machine Works's highest Price to Tangible Book Ratio was 6.29. The lowest was 1.49. And the median was 3.97.

BOM:500252's Price-to-Tangible-Book is ranked worse than
86.8% of 2818 companies
in the Industrial Products industry
Industry Median: 2.025 vs BOM:500252: 6.29

A closely related ratio is called PB Ratio. As of today, Lakshmi Machine Works's share price is ₹15835.00. Lakshmi Machine Works's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹2,530.79. Hence, Lakshmi Machine Works's P/B Ratio of today is 6.26.

Lakshmi Machine Works Price-to-Tangible-Book Historical Data

The historical data trend for Lakshmi Machine Works'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.

Lakshmi Machine Works Price-to-Tangible-Book Chart

Lakshmi Machine Works Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.49

4.11

5.20

4.59

6.02

Lakshmi Machine Works Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	4.59	6.18	-	6.02

Competitive Comparison of Lakshmi Machine Works's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Lakshmi Machine Works'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.

Lakshmi Machine Works's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lakshmi Machine Works's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lakshmi Machine Works's Price-to-Tangible-Book falls into.

Lakshmi Machine Works Price-to-Tangible-Book Calculation

Lakshmi Machine Works's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	15835.00	/	2517.598
	=	6.29

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.

Lakshmi Machine Works Price-to-Tangible-Book Related Terms

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

Lakshmi Machine Works (BOM:500252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lakshmi Machine Works Ltd (BOM:500252) » Definitions » Price-to-Tangible-Book

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LAXMIMACH:India

Address

34-A, Kamaraj Road, Coimbatore, TN, IND, 641018

Website

https://www.lmwglobal.com

Lakshmi Machine Works Ltd is a machinery maker. The company is organized into three primary segments: a textile machinery division, a machine tool/foundry division, and an advanced technology center for aerospace parts and components. The company's textile machinery products include card sliver systems, combing systems, ring spinning systems, and related components. The company's machine tool products include CNC lathes, machining centers, and other high-tech machine tools. The company's foundry division manufactures ductile and grey iron castings. In addition, the company manufactures structural parts, engine and landing gear parts, sheet metal fabrications, and so on. It generates almost all of its revenue from the Indian domestic market.

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