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India Grid Trust (BOM:540565) Price-to-Tangible-Book : 3.05 (As of May. 13, 2024)


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What is India Grid Trust Price-to-Tangible-Book?

As of today (2024-05-13), India Grid Trust's share price is ₹136.20. India Grid Trust's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹44.66. Hence, India Grid Trust's Price to Tangible Book Ratio of today is 3.05.

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

BOM:540565' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 0.97   Max: 3.08
Current: 3.05

During the past 9 years, India Grid Trust's highest Price to Tangible Book Ratio was 3.08. The lowest was 0.87. And the median was 0.97.

BOM:540565's Price-to-Tangible-Book is ranked worse than
78.23% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.46 vs BOM:540565: 3.05

A closely related ratio is called PB Ratio. As of today, India Grid Trust's share price is ₹136.20. India Grid Trust's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹68.57. Hence, India Grid Trust's P/B Ratio of today is 1.99.


India Grid Trust Price-to-Tangible-Book Historical Data

The historical data trend for India Grid Trust'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.

India Grid Trust Price-to-Tangible-Book Chart

India Grid Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 0.87 1.03 2.10 1.93 1.91

India Grid Trust Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 - - - 1.91 3.08

Competitive Comparison of India Grid Trust's Price-to-Tangible-Book

For the Utilities - Independent Power Producers subindustry, India Grid Trust'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.


India Grid Trust's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, India Grid Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where India Grid Trust's Price-to-Tangible-Book falls into.



India Grid Trust Price-to-Tangible-Book Calculation

India Grid Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=136.20/44.663
=3.05

* 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.


India Grid Trust Price-to-Tangible-Book Related Terms

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


India Grid Trust (BOM:540565) Business Description

Traded in Other Exchanges
Address
Off CST Road, Vidyanagari Marg, Unit No. 101, First Floor, Windsor, Village KoleKalyan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. Its asset portfolio comprises nine power transmission projects located across 18 states and 1 union territory in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines.

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