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Grasim Industries (NSE:GRASIM) Price-to-Tangible-Book : (As of Apr. 28, 2024)


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What is Grasim Industries Price-to-Tangible-Book?

As of today (2024-04-28), Grasim Industries's share price is ₹2342.45. Grasim Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Grasim Industries's Price to Tangible Book Ratio of today is .

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

NSE:GRASIM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.13   Med: 2.08   Max: 6.12
Current: 2.84

During the past 13 years, Grasim Industries's highest Price to Tangible Book Ratio was 6.12. The lowest was 1.13. And the median was 2.08.

NSE:GRASIM's Price-to-Tangible-Book is ranked worse than
75.2% of 375 companies
in the Building Materials industry
Industry Median: 1.4 vs NSE:GRASIM: 2.84

A closely related ratio is called PB Ratio. As of today, Grasim Industries's share price is ₹2342.45. Grasim Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Grasim Industries's P/B Ratio of today is .


Grasim Industries Price-to-Tangible-Book Historical Data

The historical data trend for Grasim Industries'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.

Grasim Industries Price-to-Tangible-Book Chart

Grasim Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 1.17 2.64 2.35 2.15

Grasim Industries 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 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 - 2.15 - 2.34 -

Competitive Comparison of Grasim Industries's Price-to-Tangible-Book

For the Building Materials subindustry, Grasim Industries'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.


Grasim Industries's Price-to-Tangible-Book Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grasim Industries's Price-to-Tangible-Book distribution charts can be found below:

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



Grasim Industries Price-to-Tangible-Book Calculation

Grasim Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2342.45/0
=

* 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.


Grasim Industries Price-to-Tangible-Book Related Terms

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


Grasim Industries (NSE:GRASIM) Business Description

Traded in Other Exchanges
Address
Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Viscose, Chemicals, Cement, Financial Services, and Others. It derives key revenue from the Cement segment which covers products like Grey Cement, White Cement and allied products. The viscose segment includes products such as Viscose Staple Fibre, Wood Pulp and Viscose Filament Yarn. Through the Chemicals segment, the group offers Caustic soda, Allied chemicals and Epoxy. Geographically, the company has a business presence in India and other countries, of which maximum revenue is generated within India.

Grasim Industries (NSE:GRASIM) Headlines

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