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Tinna Rubber & Infrastructure (BOM:530475) PB Ratio : 16.83 (As of Jun. 04, 2024)


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What is Tinna Rubber & Infrastructure PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-04), Tinna Rubber & Infrastructure's share price is ₹1255.65. Tinna Rubber & Infrastructure's Book Value per Share for the quarter that ended in Mar. 2024 was ₹74.60. Hence, Tinna Rubber & Infrastructure's PB Ratio of today is 16.83.

The historical rank and industry rank for Tinna Rubber & Infrastructure's PB Ratio or its related term are showing as below:

BOM:530475' s PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 2.01   Max: 17.36
Current: 17.36

During the past 13 years, Tinna Rubber & Infrastructure's highest PB Ratio was 17.36. The lowest was 0.16. And the median was 2.01.

BOM:530475's PB Ratio is ranked worse than
97.97% of 1530 companies
in the Chemicals industry
Industry Median: 1.57 vs BOM:530475: 17.36

During the past 12 months, Tinna Rubber & Infrastructure's average Book Value Per Share Growth Rate was 33.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tinna Rubber & Infrastructure was 27.10% per year. The lowest was -9.10% per year. And the median was 5.10% per year.

Back to Basics: PB Ratio


Tinna Rubber & Infrastructure PB Ratio Historical Data

The historical data trend for Tinna Rubber & Infrastructure's PB Ratio 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.

Tinna Rubber & Infrastructure PB Ratio Chart

Tinna Rubber & Infrastructure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.47 3.38 3.10 9.37

Tinna Rubber & Infrastructure Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
PB Ratio 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 - 3.10 7.21 - 9.37

Competitive Comparison of Tinna Rubber & Infrastructure's PB Ratio

For the Specialty Chemicals subindustry, Tinna Rubber & Infrastructure's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Tinna Rubber & Infrastructure's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tinna Rubber & Infrastructure's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tinna Rubber & Infrastructure's PB Ratio falls into.



Tinna Rubber & Infrastructure PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Tinna Rubber & Infrastructure's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=1255.65/74.595
=16.83

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Tinna Rubber & Infrastructure  (BOM:530475) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Tinna Rubber & Infrastructure PB Ratio Related Terms

Thank you for viewing the detailed overview of Tinna Rubber & Infrastructure's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tinna Rubber & Infrastructure (BOM:530475) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Mandi Road, Tinna House, Sultanpur, Mehrauli, New Delhi, IND, 110030
Tinna Rubber & Infrastructure Ltd is primarily engaged in the conversion of used tires into crumb rubber and steel wires. The company manufactures products such as Crumb rubber modifier, Crumb rubber modified bitumen, and Polymer modified bitumen, Bitumen emulsion, Reclaimed rubber or ultrafine crumb rubber compound, and Cut wire shots. The products are primarily used for making or repairing road, tyres, and auto part industry. Geographically, it derives a majority of its revenue from India.

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