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Mehta Securities (BOM:511738) Price-to-Tangible-Book : (As of May. 26, 2024)


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What is Mehta Securities Price-to-Tangible-Book?

As of today (2024-05-26), Mehta Securities's share price is ₹28.36. Mehta Securities's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Mehta Securities's Price to Tangible Book Ratio of today is .

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

BOM:511738' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23   Med: 0.63   Max: 1.96
Current: 1.74

During the past 13 years, Mehta Securities's highest Price to Tangible Book Ratio was 1.96. The lowest was 0.23. And the median was 0.63.

BOM:511738's Price-to-Tangible-Book is ranked worse than
58.82% of 726 companies
in the Capital Markets industry
Industry Median: 1.36 vs BOM:511738: 1.74

A closely related ratio is called PB Ratio. As of today, Mehta Securities's share price is ₹28.36. Mehta Securities's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Mehta Securities's P/B Ratio of today is .


Mehta Securities Price-to-Tangible-Book Historical Data

The historical data trend for Mehta Securities'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.

Mehta Securities Price-to-Tangible-Book Chart

Mehta Securities Annual Data
Trend Dec13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.70 0.62 1.94 1.29

Mehta Securities 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 - 1.29 - 1.96 -

Competitive Comparison of Mehta Securities's Price-to-Tangible-Book

For the Capital Markets subindustry, Mehta Securities'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.


Mehta Securities's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mehta Securities's Price-to-Tangible-Book distribution charts can be found below:

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



Mehta Securities Price-to-Tangible-Book Calculation

Mehta Securities's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=28.36/0
=

* 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.


Mehta Securities Price-to-Tangible-Book Related Terms

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


Mehta Securities (BOM:511738) Business Description

Traded in Other Exchanges
N/A
Address
2, Law Garden Apartment, Scheme-I, Opposite Law Garden, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Mehta Securities Ltd is an India-based company engaged in the provisions of financial services related to the capital market. It invests in the equity market and other markets to optimize return on funds. The company operations include Consulting and Investments. It provides research-based services in relation to the Capital Market. In addition, the company also offers corporate advisory services, investments, and other related services.

Mehta Securities (BOM:511738) Headlines

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