Times Green Energy (India) (BOM:543310) Price-to-Tangible-Book : 0.39 (As of May. 28, 2024)

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What is Times Green Energy (India) Price-to-Tangible-Book?

As of today (2024-05-28), Times Green Energy (India)'s share price is ₹80.00. Times Green Energy (India)'s Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹204.59. Hence, Times Green Energy (India)'s Price to Tangible Book Ratio of today is 0.39.

The historical rank and industry rank for Times Green Energy (India)'s Price-to-Tangible-Book or its related term are showing as below:

BOM:543310' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29 Med: 1.85 Max: 2.03
Current: 0.39

During the past 6 years, Times Green Energy (India)'s highest Price to Tangible Book Ratio was 2.03. The lowest was 0.29. And the median was 1.85.

BOM:543310's Price-to-Tangible-Book is ranked better than
96.54% of 231 companies
in the Agriculture industry
Industry Median: 1.67 vs BOM:543310: 0.39

A closely related ratio is called PB Ratio. As of today, Times Green Energy (India)'s share price is ₹80.00. Times Green Energy (India)'s Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹204.59. Hence, Times Green Energy (India)'s P/B Ratio of today is 0.39.

Times Green Energy (India) Price-to-Tangible-Book Historical Data

The historical data trend for Times Green Energy (India)'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.

Times Green Energy (India) Price-to-Tangible-Book Chart

Times Green Energy (India) Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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1.85

0.29

Times Green Energy (India) Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial					1.90	1.85	2.03	0.29	0.32

Competitive Comparison of Times Green Energy (India)'s Price-to-Tangible-Book

For the Agricultural Inputs subindustry, Times Green Energy (India)'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.

Times Green Energy (India)'s Price-to-Tangible-Book Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Times Green Energy (India)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Times Green Energy (India)'s Price-to-Tangible-Book falls into.

Times Green Energy (India) Price-to-Tangible-Book Calculation

Times Green Energy (India)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	80.00	/	204.591
	=	0.39

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.

Times Green Energy (India) Price-to-Tangible-Book Related Terms

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

Times Green Energy (India) (BOM:543310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Times Green Energy (India) Ltd (BOM:543310) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

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Address

Flat No. 602, Druva Thara Apartments, Medinova Complex, Somajiguda, Hyderabad, TG, IND, 500 082

Website

https://www.timesgreenenergy.com

Times Green Energy (India) Ltd is engaged in the farming and selling activities of agricultural produce and trading of natural organic products, bioproducts, and pesticides. The company is also engaged in the manufacturing and selling of sanitary napkins, baby nappies, and adult nappies.

Times Green Energy (India) (BOM:543310) Headlines

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