Aartech Solonics (BOM:542580) Price-to-Tangible-Book : 7.60 (As of May. 27, 2024)

View and export this data going back to 2019. Start your Free Trial

What is Aartech Solonics Price-to-Tangible-Book?

As of today (2024-05-27), Aartech Solonics's share price is ₹216.60. Aartech Solonics's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹28.49. Hence, Aartech Solonics's Price to Tangible Book Ratio of today is 7.60.

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

BOM:542580' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95 Med: 1.38 Max: 7.6
Current: 7.6

During the past 9 years, Aartech Solonics's highest Price to Tangible Book Ratio was 7.60. The lowest was 0.95. And the median was 1.38.

BOM:542580's Price-to-Tangible-Book is ranked worse than
88.53% of 2834 companies
in the Industrial Products industry
Industry Median: 2.12 vs BOM:542580: 7.60

A closely related ratio is called PB Ratio. As of today, Aartech Solonics's share price is ₹216.60. Aartech Solonics's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹28.49. Hence, Aartech Solonics's P/B Ratio of today is 7.60.

Aartech Solonics Price-to-Tangible-Book Historical Data

The historical data trend for Aartech Solonics'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.

Aartech Solonics Price-to-Tangible-Book Chart

Aartech Solonics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.95

1.59

2.47

Aartech Solonics Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial										1.46	1.59	1.29	2.47	6.05

Competitive Comparison of Aartech Solonics's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Aartech Solonics'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.

Aartech Solonics's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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

Aartech Solonics Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	216.60	/	28.487
	=	7.60

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.

Aartech Solonics Price-to-Tangible-Book Related Terms

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

Aartech Solonics (BOM:542580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aartech Solonics Ltd (BOM:542580) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

AARTECH:India

Address

E-2/57, Ashirvad, Arera Colony, Bhopal, MP, IND, 462016

Website

https://www.aartechsolonics.com

Aartech Solonics Ltd is a system solution-oriented research and development enterprise in the field of specialized and selected energy appliances. The company is involved in the manufacturing of electricity distribution and control apparatus such as switches, fuses, voltage limiters, surge suppressors, junction boxes and others for a voltage exceeding 1000 volts; similar apparatus including relays, sockets and others for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors. It serves Renewable Energy; Power; Heavy Engineering; Defense and Exploration; Helth Care; Information Technology and Telecom; and other industries.

Aartech Solonics (BOM:542580) Headlines

No Headlines