Meera Industries (BOM:540519) Price-to-Tangible-Book : (As of May. 25, 2024)

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

As of today (2024-05-25), Meera Industries's share price is ₹45.47. Meera Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Meera Industries's Price to Tangible Book Ratio of today is .

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

BOM:540519' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.39 Med: 3.27 Max: 8.81
Current: 1.94

During the past 12 years, Meera Industries's highest Price to Tangible Book Ratio was 8.81. The lowest was 1.39. And the median was 3.27.

BOM:540519's Price-to-Tangible-Book is ranked better than
54.71% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs BOM:540519: 1.94

A closely related ratio is called PB Ratio. As of today, Meera Industries's share price is ₹45.47. Meera Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Meera Industries's P/B Ratio of today is .

Meera Industries Price-to-Tangible-Book Historical Data

The historical data trend for Meera 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.

Meera Industries Price-to-Tangible-Book Chart

Meera Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.77

2.08

3.05

4.10

1.55

Meera Industries Quarterly Data
	Jan17	Sep17	Mar18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	1.55	-	1.75	-

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

For the Specialty Industrial Machinery subindustry, Meera 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.

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

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

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

Meera Industries Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	45.47	/	0
	=

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Meera Industries Price-to-Tangible-Book Related Terms

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

Meera Industries (BOM:540519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meera Industries Ltd (BOM:540519) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2126, Road No. 2 GIDC, Sachin, Surat, GJ, IND, 394230

Website

https://www.meeraind.com

Meera Industries Ltd is engaged in the production of textile twisting machinery and technology. The product portfolio includes Two for one twister, Servo-controlled cop winder, Cone-assembly winder, Ring twister, covering machine, TPRS twister machine, and Heavy-duty twister and cabler machine, and Continuous bulk and heat setting machine. Its operating segment includes Machine manufacturing, Machine trading and Yarn. The company generates maximum revenue from the Machine manufacturing segment. Geographically, it derives a majority of revenue from India.

Meera Industries (BOM:540519) Headlines

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