Parshva Enterprises (BOM:542694) Price-to-Tangible-Book : 13.13 (As of Jun. 04, 2024)

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What is Parshva Enterprises Price-to-Tangible-Book?

As of today (2024-06-04), Parshva Enterprises's share price is ₹177.00. Parshva Enterprises's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹13.49. Hence, Parshva Enterprises's Price to Tangible Book Ratio of today is 13.13.

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

BOM:542694' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4 Med: 10.75 Max: 16.28
Current: 13.12

During the past 7 years, Parshva Enterprises's highest Price to Tangible Book Ratio was 16.28. The lowest was 4.00. And the median was 10.75.

BOM:542694's Price-to-Tangible-Book is ranked worse than
93.24% of 977 companies
in the Retail - Cyclical industry
Industry Median: 1.76 vs BOM:542694: 13.12

A closely related ratio is called PB Ratio. As of today, Parshva Enterprises's share price is ₹177.00. Parshva Enterprises's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹13.49. Hence, Parshva Enterprises's P/B Ratio of today is 13.13.

Parshva Enterprises Price-to-Tangible-Book Historical Data

The historical data trend for Parshva Enterprises'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.

Parshva Enterprises Price-to-Tangible-Book Chart

Parshva Enterprises Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

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4.37

4.00

10.75

16.28

15.60

Parshva Enterprises Quarterly Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial												16.28	-	16.93	-	15.60

Competitive Comparison of Parshva Enterprises's Price-to-Tangible-Book

For the Luxury Goods subindustry, Parshva Enterprises'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.

Parshva Enterprises's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Parshva Enterprises's Price-to-Tangible-Book distribution charts can be found below:

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

Parshva Enterprises Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	177.00	/	13.485
	=	13.13

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.

Parshva Enterprises Price-to-Tangible-Book Related Terms

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

Parshva Enterprises (BOM:542694) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parshva Enterprises Ltd (BOM:542694) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Ramchandra Lane Extension, A-Wing, 811, Jaswanti Allied Business Centre, Malad (West), Mumbai, MH, IND, 400064

Website

http://www.parshvaenterprises.co.in

Parshva Enterprises Ltd deals in a variety of diamonds which include both rough and polished diamonds. It is also engaged in gold jewellery business. It sells gold jewellery such as Bangles, Necklace, Bracelet, Earrings, Pendant, and other related products. Further, it is also engaged in investment in real estate properties in Mumbai for the purpose of selling them for trading gains.

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