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Akshar Spintex (BOM:541303) Price-to-Tangible-Book : (As of May. 27, 2024)


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What is Akshar Spintex Price-to-Tangible-Book?

As of today (2024-05-27), Akshar Spintex's share price is ₹2.71. Akshar Spintex's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Akshar Spintex's Price to Tangible Book Ratio of today is .

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

BOM:541303' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48   Med: 1.53   Max: 4.99
Current: 1.91

During the past 10 years, Akshar Spintex's highest Price to Tangible Book Ratio was 4.99. The lowest was 0.48. And the median was 1.53.

BOM:541303's Price-to-Tangible-Book is ranked worse than
63.27% of 991 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.34 vs BOM:541303: 1.91

A closely related ratio is called PB Ratio. As of today, Akshar Spintex's share price is ₹2.71. Akshar Spintex's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Akshar Spintex's P/B Ratio of today is .


Akshar Spintex Price-to-Tangible-Book Historical Data

The historical data trend for Akshar Spintex'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.

Akshar Spintex Price-to-Tangible-Book Chart

Akshar Spintex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 0.48 0.64 3.24 3.75

Akshar Spintex Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 3.75 - 3.68 -

Competitive Comparison of Akshar Spintex's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Akshar Spintex'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.


Akshar Spintex's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Akshar Spintex's Price-to-Tangible-Book distribution charts can be found below:

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



Akshar Spintex Price-to-Tangible-Book Calculation

Akshar Spintex's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.71/0
=

* 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.


Akshar Spintex Price-to-Tangible-Book Related Terms

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


Akshar Spintex (BOM:541303) Business Description

Traded in Other Exchanges
Address
150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others.

Akshar Spintex (BOM:541303) Headlines

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