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Bajaj Auto (BOM:532977) Price-to-Tangible-Book : 8.50 (As of May. 23, 2024)


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What is Bajaj Auto Price-to-Tangible-Book?

As of today (2024-05-23), Bajaj Auto's share price is ₹8804.80. Bajaj Auto's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹1,036.41. Hence, Bajaj Auto's Price to Tangible Book Ratio of today is 8.50.

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

BOM:532977' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.71   Med: 3.9   Max: 8.82
Current: 8.5

During the past 13 years, Bajaj Auto's highest Price to Tangible Book Ratio was 8.82. The lowest was 2.71. And the median was 3.90.

BOM:532977's Price-to-Tangible-Book is ranked worse than
93.98% of 1197 companies
in the Vehicles & Parts industry
Industry Median: 1.67 vs BOM:532977: 8.50

A closely related ratio is called PB Ratio. As of today, Bajaj Auto's share price is ₹8804.80. Bajaj Auto's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹1,037.41. Hence, Bajaj Auto's P/B Ratio of today is 8.49.


Bajaj Auto Price-to-Tangible-Book Historical Data

The historical data trend for Bajaj Auto'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.

Bajaj Auto Price-to-Tangible-Book Chart

Bajaj Auto 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 2.71 3.90 3.54 3.75 8.82

Bajaj Auto 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 3.75 - 4.89 - 8.82

Competitive Comparison of Bajaj Auto's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Bajaj Auto'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.


Bajaj Auto's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bajaj Auto's Price-to-Tangible-Book distribution charts can be found below:

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



Bajaj Auto Price-to-Tangible-Book Calculation

Bajaj Auto's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=8804.80/1036.411
=8.50

* 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.


Bajaj Auto Price-to-Tangible-Book Related Terms

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


Bajaj Auto (BOM:532977) Business Description

Traded in Other Exchanges
Address
Mumbai Pune Road, Bajaj Auto Limited Complex, Akurdi, Pune, MH, IND, 411 035
Bajaj Auto Ltd was founded in 1945 as an automotive sales company, Bajaj is today the third largest manufacturer of motorcycles and the largest manufacturer of three-wheelers in the world. The company is engaged in the business of development, manufacturing, and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers, and parts. It has two business segments Automotive business and Investments. The company derives the majority of revenue from the Automotive segment.

Bajaj Auto (BOM:532977) Headlines

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