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Titan Co (NSE:TITAN) Price-to-Tangible-Book : 33.29 (As of May. 20, 2024)


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What is Titan Co Price-to-Tangible-Book?

As of today (2024-05-20), Titan Co's share price is ₹3361.15. Titan Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹100.96. Hence, Titan Co's Price to Tangible Book Ratio of today is 33.29.

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

NSE:TITAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 8.64   Med: 17.71   Max: 37.66
Current: 33.29

During the past 13 years, Titan Co's highest Price to Tangible Book Ratio was 37.66. The lowest was 8.64. And the median was 17.71.

NSE:TITAN's Price-to-Tangible-Book is ranked worse than
98.15% of 974 companies
in the Retail - Cyclical industry
Industry Median: 1.815 vs NSE:TITAN: 33.29

A closely related ratio is called PB Ratio. As of today, Titan Co's share price is ₹3361.15. Titan Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹105.89. Hence, Titan Co's P/B Ratio of today is 31.74.


Titan Co Price-to-Tangible-Book Historical Data

The historical data trend for Titan Co'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.

Titan Co Price-to-Tangible-Book Chart

Titan Co 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 13.21 19.43 25.20 19.51 37.66

Titan Co 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 19.51 - 23.28 - 37.66

Competitive Comparison of Titan Co's Price-to-Tangible-Book

For the Luxury Goods subindustry, Titan Co'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.


Titan Co's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Titan Co's Price-to-Tangible-Book distribution charts can be found below:

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



Titan Co Price-to-Tangible-Book Calculation

Titan Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3361.15/100.963
=33.29

* 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.


Titan Co Price-to-Tangible-Book Related Terms

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


Titan Co (NSE:TITAN) Business Description

Traded in Other Exchanges
Address
Off Hosur Main Road, INTEGRITY No. 193, Electronics City P.O., Veerasandra, Bangalore, KA, IND, 560100
Titan Co Ltd is engaged in the manufacturing and sale of watches, jewellery, eyewear, and other accessories and products. Its operating segments are watches and wearables, jewellery, eyewear, and others. The firm generates a majority of its revenue from jewellery. The company sells its products under various brands such as Fastrack, Skinn, Sonata, Zoop, Nebula, Zoya, Skinn, Tanishq, and others.

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