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RITES (BOM:541556) Price-to-Tangible-Book : (As of May. 17, 2024)


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What is RITES Price-to-Tangible-Book?

As of today (2024-05-17), RITES's share price is ₹694.80. RITES's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, RITES's Price to Tangible Book Ratio of today is .

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

BOM:541556' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.14   Med: 2.52   Max: 6.48
Current: 6.48

During the past 11 years, RITES's highest Price to Tangible Book Ratio was 6.48. The lowest was 2.14. And the median was 2.52.

BOM:541556's Price-to-Tangible-Book is ranked worse than
88.52% of 1507 companies
in the Construction industry
Industry Median: 1.37 vs BOM:541556: 6.48

A closely related ratio is called PB Ratio. As of today, RITES's share price is ₹694.80. RITES's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, RITES's P/B Ratio of today is .


RITES Price-to-Tangible-Book Historical Data

The historical data trend for RITES'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.

RITES Price-to-Tangible-Book Chart

RITES 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 2.14 2.34 2.42 2.54 3.28

RITES Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 3.04 - 3.28 4.59 -

Competitive Comparison of RITES's Price-to-Tangible-Book

For the Engineering & Construction subindustry, RITES'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.


RITES's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, RITES's Price-to-Tangible-Book distribution charts can be found below:

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



RITES Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=694.80/0
=

* 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.


RITES Price-to-Tangible-Book Related Terms

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


RITES (BOM:541556) Business Description

Traded in Other Exchanges
Address
Plot No. 1, Shikhar, Sector - 29, Gurugram, HR, IND, 122001
RITES Ltd is a multi-disciplinary consultancy organization. The company's operating segment includes Consultancy Services, Leasing of railway rolling stock and equipment, Export of rolling stock, equipment and spares, Turnkey Construction Projects, and Power Generation. The firm generates a majority of its revenue from Consultancy services. The firm operates in various sectors such as airports, highways, bridge and tunnel engineering, and industrial engineering among others. Geographically, it derives a majority of revenue from India.

RITES (BOM:541556) Headlines

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