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Axtel Industries (BOM:523850) Price-to-Tangible-Book : 7.95 (As of May. 23, 2024)


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

As of today (2024-05-23), Axtel Industries's share price is ₹553.90. Axtel Industries's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹69.69. Hence, Axtel Industries's Price to Tangible Book Ratio of today is 7.95.

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

BOM:523850' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72   Med: 3.81   Max: 9.14
Current: 7.95

During the past 13 years, Axtel Industries's highest Price to Tangible Book Ratio was 9.14. The lowest was 0.72. And the median was 3.81.

BOM:523850's Price-to-Tangible-Book is ranked worse than
89.2% of 2833 companies
in the Industrial Products industry
Industry Median: 2.13 vs BOM:523850: 7.95

A closely related ratio is called PB Ratio. As of today, Axtel Industries's share price is ₹553.90. Axtel Industries's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹69.98. Hence, Axtel Industries's P/B Ratio of today is 7.92.


Axtel Industries Price-to-Tangible-Book Historical Data

The historical data trend for Axtel 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.

Axtel Industries Price-to-Tangible-Book Chart

Axtel Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 7.21 5.40 4.06 9.14

Axtel Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.06 - 7.47 - 9.13

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

For the Specialty Industrial Machinery subindustry, Axtel 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.


Axtel Industries's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Axtel Industries's Price-to-Tangible-Book distribution charts can be found below:

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



Axtel Industries Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=553.90/69.689
=7.95

* 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.


Axtel Industries Price-to-Tangible-Book Related Terms

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


Axtel Industries (BOM:523850) Business Description

Traded in Other Exchanges
N/A
Address
Vadodara-Halol Highway, P.O. Baska, Plot No. 43/1, Village Nurpura, District Panchmahals, Halol, GJ, IND, 389350
Axtel Industries Ltd is engaged in engineering process equipment for the food industry. The company is involved in turnkey systems, product development, and customer service. The business of the company operates in one segment that is Manufacturing Food Processing Instruments. The company derives revenue from the sale of machinery i.e. manufactured goods and related services. The product line of the company consists of solids handling, storage and discharge, sieving and straining, cleaning and grading, size reduction, mixing and blending, and specialized process equipment.

Axtel Industries (BOM:523850) Headlines

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