Ahasolar Technologies (BOM:543941) Price-to-Tangible-Book : 41.10 (As of May. 14, 2024)

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What is Ahasolar Technologies Price-to-Tangible-Book?

As of today (2024-05-14), Ahasolar Technologies's share price is ₹447.50. Ahasolar Technologies's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹10.89. Hence, Ahasolar Technologies's Price to Tangible Book Ratio of today is 41.10.

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

BOM:543941' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 41.09
Current: 41.09

During the past 4 years, Ahasolar Technologies's highest Price to Tangible Book Ratio was 41.09. The lowest was 0.00. And the median was 0.00.

BOM:543941's Price-to-Tangible-Book is ranked worse than
95.12% of 2090 companies
in the Software industry
Industry Median: 3.61 vs BOM:543941: 41.09

A closely related ratio is called PB Ratio. As of today, Ahasolar Technologies's share price is ₹447.50. Ahasolar Technologies's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹13.14. Hence, Ahasolar Technologies's P/B Ratio of today is 34.05.

Ahasolar Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Ahasolar Technologies'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.

Ahasolar Technologies Price-to-Tangible-Book Chart

Ahasolar Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Ahasolar Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Price-to-Tangible-Book	-	-	-	-

Competitive Comparison of Ahasolar Technologies's Price-to-Tangible-Book

For the Software - Application subindustry, Ahasolar Technologies'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.

Ahasolar Technologies's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Ahasolar Technologies's Price-to-Tangible-Book distribution charts can be found below:

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

Ahasolar Technologies Price-to-Tangible-Book Calculation

Ahasolar Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	447.50	/	10.889
	=	41.10

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.

Ahasolar Technologies Price-to-Tangible-Book Related Terms

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

Ahasolar Technologies (BOM:543941) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ahasolar Technologies Ltd (BOM:543941) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Sattadhar Cross Road, Office No. 207, Kalasagar Shopping Hub, Opposite Saibaba Temple, Ghatlodiya, Ahmedabad, GJ, IND, 380061

Website

https://www.ahasolar.in

Ahasolar Technologies Ltd is engaged in the business of Cleantech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. Its primary focus in renewable energy has been in the solar industry and to cater to it the company developed an AI-based intelligent Solar Digital Platform. It has developed Software as a Service (SaaS) products for solar companies to streamline the processes, design PV, do project management, and monitor generation along with an integrated Marketplace to connect the demand & supply digitally. The company's core businesses are Solar Software Services, Solar Marketplace, and Solar Advisory and Consultancy services.

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