Adani Energy Solutions (BOM:539254) Price-to-Tangible-Book : (As of Apr. 29, 2024)

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What is Adani Energy Solutions Price-to-Tangible-Book?

As of today (2024-04-29), Adani Energy Solutions's share price is ₹1061.60. Adani Energy Solutions's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Adani Energy Solutions's Price to Tangible Book Ratio of today is .

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

BOM:539254' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.35 Med: 3.71 Max: 41
Current: 11.6

During the past 9 years, Adani Energy Solutions's highest Price to Tangible Book Ratio was 41.00. The lowest was 1.35. And the median was 3.71.

BOM:539254's Price-to-Tangible-Book is ranked worse than
95.41% of 392 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.405 vs BOM:539254: 11.60

A closely related ratio is called PB Ratio. As of today, Adani Energy Solutions's share price is ₹1061.60. Adani Energy Solutions's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Adani Energy Solutions's P/B Ratio of today is .

Adani Energy Solutions Price-to-Tangible-Book Historical Data

The historical data trend for Adani Energy Solutions'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.

Adani Energy Solutions Price-to-Tangible-Book Chart

Adani Energy Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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3.71

3.02

13.68

31.74

11.17

Adani Energy Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	11.17	-	8.84	-

Competitive Comparison of Adani Energy Solutions's Price-to-Tangible-Book

For the Utilities - Independent Power Producers subindustry, Adani Energy Solutions'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.

Adani Energy Solutions's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Adani Energy Solutions's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Adani Energy Solutions's Price-to-Tangible-Book falls into.

Adani Energy Solutions Price-to-Tangible-Book Calculation

Adani Energy Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1061.60	/	0
	=

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.

Adani Energy Solutions Price-to-Tangible-Book Related Terms

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

Adani Energy Solutions (BOM:539254) Business Description

Industry

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Traded in Other Exchanges

ADANIENSOL:India

Address

S G Highway, Adani Corporate House, Shantigram, Near Vaishno Devi Circle, Khodiyar, Ahmedabad, GJ, IND, 382421

Website

https://www.adanitransmission.com

Adani Energy Solutions Ltd Formerly Adani Transmission Ltd is a power transmission company in India. It is involved in the business activity of transmission of electric energy. The company is also engaged in the trading of Agri commodities business. The operating segments of the company are the Transmission segment which involves power transmission activities; the Trading segment; Mumbai GTD Business. It derives a majority of revenue from the Mumbai GTD Business segment. The company operates in India.

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