Shashwat Furnishing Solutions (BOM:543519) Price-to-Tangible-Book : 2.36 (As of Jun. 01, 2024)

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What is Shashwat Furnishing Solutions Price-to-Tangible-Book?

As of today (2024-06-01), Shashwat Furnishing Solutions's share price is ₹41.00. Shashwat Furnishing Solutions's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹17.34. Hence, Shashwat Furnishing Solutions's Price to Tangible Book Ratio of today is 2.36.

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

BOM:543519' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.53 Med: 2.03 Max: 2.36
Current: 2.36

During the past 3 years, Shashwat Furnishing Solutions's highest Price to Tangible Book Ratio was 2.36. The lowest was 1.53. And the median was 2.03.

BOM:543519's Price-to-Tangible-Book is ranked worse than
65.82% of 392 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.745 vs BOM:543519: 2.36

A closely related ratio is called PB Ratio. As of today, Shashwat Furnishing Solutions's share price is ₹41.00. Shashwat Furnishing Solutions's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹17.34. Hence, Shashwat Furnishing Solutions's P/B Ratio of today is 2.36.

Shashwat Furnishing Solutions Price-to-Tangible-Book Historical Data

The historical data trend for Shashwat Furnishing Solutions'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.

Shashwat Furnishing Solutions Price-to-Tangible-Book Chart

Shashwat Furnishing Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Price-to-Tangible-Book

1.53

Shashwat Furnishing Solutions Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	2.26	1.53	2.03

Competitive Comparison of Shashwat Furnishing Solutions's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Shashwat Furnishing Solutions'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.

Shashwat Furnishing Solutions's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shashwat Furnishing Solutions's Price-to-Tangible-Book distribution charts can be found below:

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

Shashwat Furnishing Solutions Price-to-Tangible-Book Calculation

Shashwat Furnishing Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	41.00	/	17.341
	=	2.36

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.

Shashwat Furnishing Solutions Price-to-Tangible-Book Related Terms

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

Shashwat Furnishing Solutions (BOM:543519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Shashwat Furnishing Solutions Ltd (BOM:543519) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

121, Mahaveer Nagar, Guro Ka Talab,, Jain Colony, Jodhpur, RJ, IND, 342001

Website

https://www.handicraftsvillage.com

Shashwat Furnishing Solutions Ltd is an Indian handicrafts manufacturer and supplier. It is engaged in the processing of semi-finished furniture products into finished products and manufacturing through job work of furniture and handicraft items. It specializes in developing a qualitative range of Industrial Furniture and Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames, Wall clocks and various other decoration and handicrafts objects.

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