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Loyal Equipments (BOM:539227) Price-to-Tangible-Book : 6.56 (As of May. 27, 2024)


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What is Loyal Equipments Price-to-Tangible-Book?

As of today (2024-05-27), Loyal Equipments's share price is ₹188.30. Loyal Equipments's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹28.72. Hence, Loyal Equipments's Price to Tangible Book Ratio of today is 6.56.

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

BOM:539227' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96   Med: 2.02   Max: 6.56
Current: 6.56

During the past 10 years, Loyal Equipments's highest Price to Tangible Book Ratio was 6.56. The lowest was 0.96. And the median was 2.02.

BOM:539227's Price-to-Tangible-Book is ranked worse than
86.55% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs BOM:539227: 6.56

A closely related ratio is called PB Ratio. As of today, Loyal Equipments's share price is ₹188.30. Loyal Equipments's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹29.00. Hence, Loyal Equipments's P/B Ratio of today is 6.49.


Loyal Equipments Price-to-Tangible-Book Historical Data

The historical data trend for Loyal Equipments'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.

Loyal Equipments Price-to-Tangible-Book Chart

Loyal Equipments 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 1.82 1.32 1.83 2.60 5.45

Loyal Equipments 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 2.60 - 5.71 - 5.45

Competitive Comparison of Loyal Equipments's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Loyal Equipments'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.


Loyal Equipments's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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



Loyal Equipments Price-to-Tangible-Book Calculation

Loyal Equipments's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=188.30/28.724
=6.56

* 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.


Loyal Equipments Price-to-Tangible-Book Related Terms

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


Loyal Equipments (BOM:539227) Business Description

Traded in Other Exchanges
N/A
Address
Block No. 35/1-2-3-4, Village Zak, Taluka Dahegam, Gandhinagar, GJ, IND, 382330
Loyal Equipments Ltd is an Indian-based company engaged in the manufacturing of Industrial and Engineering Equipments Its product portfolio includes Pressure vessels, Air-cooled heat exchangers, Shell and tube heat exchangers, Storage tanks, Pressure receivers, Chimney, Heavy structural items, Skids, Base plates, and others. The company serves oil/gas, petroleum, chemical, sugar, steel, fertilizers, and the power plant sector.

Loyal Equipments (BOM:539227) Headlines

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