Arvind and Co Shipping Agencies (NSE:ACSAL) Price-to-Tangible-Book : 6.47 (As of Jun. 06, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Arvind and Co Shipping Agencies Price-to-Tangible-Book?

As of today (2024-06-06), Arvind and Co Shipping Agencies's share price is ₹48.75. Arvind and Co Shipping Agencies's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹7.53. Hence, Arvind and Co Shipping Agencies's Price to Tangible Book Ratio of today is 6.47.

The historical rank and industry rank for Arvind and Co Shipping Agencies's Price-to-Tangible-Book or its related term are showing as below:

NSE:ACSAL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 6.81
Current: 6.47

During the past 3 years, Arvind and Co Shipping Agencies's highest Price to Tangible Book Ratio was 6.81. The lowest was 0.00. And the median was 0.00.

NSE:ACSAL's Price-to-Tangible-Book is ranked worse than
91.68% of 877 companies
in the Transportation industry
Industry Median: 1.4 vs NSE:ACSAL: 6.47

A closely related ratio is called PB Ratio. As of today, Arvind and Co Shipping Agencies's share price is ₹48.75. Arvind and Co Shipping Agencies's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹7.53. Hence, Arvind and Co Shipping Agencies's P/B Ratio of today is 6.47.

Arvind and Co Shipping Agencies Price-to-Tangible-Book Historical Data

The historical data trend for Arvind and Co Shipping Agencies'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.

Arvind and Co Shipping Agencies Price-to-Tangible-Book Chart

Arvind and Co Shipping Agencies Annual Data

Trend

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Arvind and Co Shipping Agencies Semi-Annual Data
	Mar21	Mar22	Mar23
Price-to-Tangible-Book	-	-	-

Competitive Comparison of Arvind and Co Shipping Agencies's Price-to-Tangible-Book

For the Marine Shipping subindustry, Arvind and Co Shipping Agencies'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.

Arvind and Co Shipping Agencies's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Arvind and Co Shipping Agencies's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Arvind and Co Shipping Agencies's Price-to-Tangible-Book falls into.

Arvind and Co Shipping Agencies Price-to-Tangible-Book Calculation

Arvind and Co Shipping Agencies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	48.75	/	7.53
	=	6.47

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.

Arvind and Co Shipping Agencies Price-to-Tangible-Book Related Terms

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

Arvind and Co Shipping Agencies (NSE:ACSAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Arvind and Co Shipping Agencies Ltd (NSE:ACSAL) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

City point 701 to 702, Fifth Floor, Near Town Hall, Jamnagar, GJ, IND, 361001

Website

https://www.arvindshipping.com

Arvind and Co Shipping Agencies Ltd is mainly engaged in the hiring of ships, barges, launches, Boats, docks, propelled vehicles, water- vessels and transport machines & providing hotel services & services of renting immovable properties. The company operates in two segments Chartering of Barges and Hotel and Hospitality. The majority of revenue is derived from the chartering of barges segment.

Arvind and Co Shipping Agencies (NSE:ACSAL) Headlines

No Headlines