Clara Industries (BOM:543435) Price-to-Tangible-Book : 2.43 (As of May. 21, 2024)

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What is Clara Industries Price-to-Tangible-Book?

As of today (2024-05-21), Clara Industries's share price is ₹228.10. Clara Industries's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹93.75. Hence, Clara Industries's Price to Tangible Book Ratio of today is 2.43.

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

BOM:543435' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.92 Med: 3.62 Max: 6.11
Current: 2.43

During the past 2 years, Clara Industries's highest Price to Tangible Book Ratio was 6.11. The lowest was 1.92. And the median was 3.62.

BOM:543435's Price-to-Tangible-Book is ranked worse than
72.75% of 356 companies
in the Packaging & Containers industry
Industry Median: 1.455 vs BOM:543435: 2.43

A closely related ratio is called PB Ratio. As of today, Clara Industries's share price is ₹228.10. Clara Industries's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹93.75. Hence, Clara Industries's P/B Ratio of today is 2.43.

Clara Industries Price-to-Tangible-Book Historical Data

The historical data trend for Clara Industries'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.

Clara Industries Price-to-Tangible-Book Chart

Clara Industries Annual Data

Trend

Mar22

Mar23

Price-to-Tangible-Book

4.36

6.11

Clara Industries Quarterly Data
	Jun21	Nov21	Mar22	Jun22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			4.36	-	2.87	6.11	1.92

Competitive Comparison of Clara Industries's Price-to-Tangible-Book

For the Packaging & Containers subindustry, Clara Industries'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.

Clara Industries's Price-to-Tangible-Book Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Clara Industries's Price-to-Tangible-Book distribution charts can be found below:

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

Clara Industries Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	228.10	/	93.753
	=	2.43

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.

Clara Industries Price-to-Tangible-Book Related Terms

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

Clara Industries (BOM:543435) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Clara Industries Ltd (BOM:543435) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

127/1, Gram Simbhalka Junardar Paragna, Tehsil and District Saharanpur, Saharanpur, UP, IND, 247001

Website

https://www.clara.co.in

Clara Industries Ltd is engaged in providing flexible plastic packaging solutions. The company is known for manufacturing and supplying high-end multilayer plastic bags and multilayer plastic rolls in India.

Clara Industries (BOM:543435) Headlines

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