Creative Castings (BOM:539527) Price-to-Tangible-Book : 2.48 (As of Jun. 06, 2024)

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What is Creative Castings Price-to-Tangible-Book?

As of today (2024-06-06), Creative Castings's share price is ₹742.90. Creative Castings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹299.82. Hence, Creative Castings's Price to Tangible Book Ratio of today is 2.48.

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

BOM:539527' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.18 Med: 1.61 Max: 2.67
Current: 2.48

During the past 10 years, Creative Castings's highest Price to Tangible Book Ratio was 2.67. The lowest was 0.18. And the median was 1.61.

BOM:539527's Price-to-Tangible-Book is ranked worse than
80.7% of 601 companies
in the Steel industry
Industry Median: 1.04 vs BOM:539527: 2.48

A closely related ratio is called PB Ratio. As of today, Creative Castings's share price is ₹742.90. Creative Castings's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹299.90. Hence, Creative Castings's P/B Ratio of today is 2.48.

Creative Castings Price-to-Tangible-Book Historical Data

The historical data trend for Creative Castings'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.

Creative Castings Price-to-Tangible-Book Chart

Creative Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.81

1.61

1.60

1.68

2.26

Creative Castings 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															1.68	-	3.08	-	2.26

Competitive Comparison of Creative Castings's Price-to-Tangible-Book

For the Steel subindustry, Creative Castings'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.

Creative Castings's Price-to-Tangible-Book Distribution in the Steel Industry

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

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

Creative Castings Price-to-Tangible-Book Calculation

Creative Castings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	742.90	/	299.815
	=	2.48

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.

Creative Castings Price-to-Tangible-Book Related Terms

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

Creative Castings (BOM:539527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Creative Castings Ltd (BOM:539527) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Rajkot Road, 102, GIDC Estates, Phase - II, Dolatpara, Junagadh, GJ, IND, 362003

Website

https://www.creative-cast.com

Creative Castings Ltd is engaged in manufacturing and exporting steel and alloy steel investment casting. The company manufactures both ferrous and non-ferrous castings. It is also engaged in generating power from wind energy. The company's operating segment includes Investment Castings and Power. It derives maximum revenue from the Investment Castings segment. Geographically, it generates a majority of revenue from Overseas. The company serves pumps and valve industries, oil and refineries, general engineering, electrical engineering, fire control equipment, medical implants, agricultural machinery, defense industries, etc.

Creative Castings (BOM:539527) Headlines

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