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Amarjothi Spinning Mills (BOM:521097) Price-to-Tangible-Book : 0.65 (As of May. 31, 2024)


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What is Amarjothi Spinning Mills Price-to-Tangible-Book?

As of today (2024-05-31), Amarjothi Spinning Mills's share price is ₹177.60. Amarjothi Spinning Mills's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹274.87. Hence, Amarjothi Spinning Mills's Price to Tangible Book Ratio of today is 0.65.

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

BOM:521097' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23   Med: 0.67   Max: 1.12
Current: 0.65

During the past 13 years, Amarjothi Spinning Mills's highest Price to Tangible Book Ratio was 1.12. The lowest was 0.23. And the median was 0.67.

BOM:521097's Price-to-Tangible-Book is ranked better than
78.63% of 992 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.33 vs BOM:521097: 0.65

A closely related ratio is called PB Ratio. As of today, Amarjothi Spinning Mills's share price is ₹177.60. Amarjothi Spinning Mills's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹274.88. Hence, Amarjothi Spinning Mills's P/B Ratio of today is 0.65.


Amarjothi Spinning Mills Price-to-Tangible-Book Historical Data

The historical data trend for Amarjothi Spinning Mills'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.

Amarjothi Spinning Mills Price-to-Tangible-Book Chart

Amarjothi Spinning Mills 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 0.47 0.23 0.46 0.74 0.67

Amarjothi Spinning Mills 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 0.68 0.67 - 0.59 0.60

Competitive Comparison of Amarjothi Spinning Mills's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Amarjothi Spinning Mills'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.


Amarjothi Spinning Mills's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Amarjothi Spinning Mills's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Amarjothi Spinning Mills's Price-to-Tangible-Book falls into.



Amarjothi Spinning Mills Price-to-Tangible-Book Calculation

Amarjothi Spinning Mills's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=177.60/274.869
=0.65

* 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.


Amarjothi Spinning Mills Price-to-Tangible-Book Related Terms

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


Amarjothi Spinning Mills (BOM:521097) Business Description

Traded in Other Exchanges
N/A
Address
157, Kumaran Road, Amarjothi House, Tirupur, TN, IND, 641601
Amarjothi Spinning Mills Ltd is engaged in the spinning, dyeing, and blending of yarn. The company owns windmills for captive consumption purposes. Further, it offers blended melange yarns products such as cotton, viscose, polyester, modal, synthetic fiber, man-made fiber, bamboo, flax, and slub yarns, as well as non-blended melange yarns and melange shades. Geographically business activity of the firm is operated through the regions of India and derives revenue from the sale of products.

Amarjothi Spinning Mills (BOM:521097) Headlines

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