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Ajanta Pharma (BOM:532331) Price-to-Tangible-Book : 8.44 (As of May. 14, 2024)


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What is Ajanta Pharma Price-to-Tangible-Book?

As of today (2024-05-14), Ajanta Pharma's share price is ₹2382.60. Ajanta Pharma's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹282.15. Hence, Ajanta Pharma's Price to Tangible Book Ratio of today is 8.44.

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

BOM:532331' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.02   Med: 5.64   Max: 11.96
Current: 8.44

During the past 13 years, Ajanta Pharma's highest Price to Tangible Book Ratio was 11.96. The lowest was 4.02. And the median was 5.64.

BOM:532331's Price-to-Tangible-Book is ranked worse than
88.16% of 870 companies
in the Drug Manufacturers industry
Industry Median: 2.42 vs BOM:532331: 8.44

A closely related ratio is called PB Ratio. As of today, Ajanta Pharma's share price is ₹2382.60. Ajanta Pharma's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹283.31. Hence, Ajanta Pharma's P/B Ratio of today is 8.41.


Ajanta Pharma Price-to-Tangible-Book Historical Data

The historical data trend for Ajanta Pharma'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.

Ajanta Pharma Price-to-Tangible-Book Chart

Ajanta Pharma 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 4.61 5.20 4.75 4.53 7.93

Ajanta Pharma 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 4.53 - 6.53 - 7.93

Competitive Comparison of Ajanta Pharma's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Ajanta Pharma'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.


Ajanta Pharma's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ajanta Pharma's Price-to-Tangible-Book distribution charts can be found below:

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



Ajanta Pharma Price-to-Tangible-Book Calculation

Ajanta Pharma's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=2382.60/282.148
=8.44

* 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.


Ajanta Pharma Price-to-Tangible-Book Related Terms

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


Ajanta Pharma (BOM:532331) Business Description

Traded in Other Exchanges
Address
Ajanta House, 98 Government Industrial Area, Charkop, Kandivli (West), Mumbai, MH, IND, 400 067
Ajanta Pharma Ltd is a drug manufacturing company with a focus on specialty pharmaceutical products. The company maintains a global presence while generating the vast majority of its revenue in Africa and India. Ajanta's strategy aims to successfully select molecules and products for development while enhancing its research and development capabilities. The company works to develop formulations in different dosages such as tablets, cream, capsules, liquid, and lotion. The company's manufacturing plants are located in India.

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