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Aarvi Encon (NSE:AARVI) Price-to-Tangible-Book : 1.84 (As of May. 22, 2024)


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What is Aarvi Encon Price-to-Tangible-Book?

As of today (2024-05-22), Aarvi Encon's share price is ₹140.70. Aarvi Encon's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹76.56. Hence, Aarvi Encon's Price to Tangible Book Ratio of today is 1.84.

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

NSE:AARVI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41   Med: 1.19   Max: 2.24
Current: 1.84

During the past 11 years, Aarvi Encon's highest Price to Tangible Book Ratio was 2.24. The lowest was 0.41. And the median was 1.19.

NSE:AARVI's Price-to-Tangible-Book is ranked better than
55.57% of 871 companies
in the Business Services industry
Industry Median: 2.09 vs NSE:AARVI: 1.84

A closely related ratio is called PB Ratio. As of today, Aarvi Encon's share price is ₹140.70. Aarvi Encon's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹76.92. Hence, Aarvi Encon's P/B Ratio of today is 1.83.


Aarvi Encon Price-to-Tangible-Book Historical Data

The historical data trend for Aarvi Encon'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.

Aarvi Encon Price-to-Tangible-Book Chart

Aarvi Encon Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.41 0.90 1.82 1.42

Aarvi Encon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.42 1.87 1.67 2.06

Competitive Comparison of Aarvi Encon's Price-to-Tangible-Book

For the Staffing & Employment Services subindustry, Aarvi Encon'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.


Aarvi Encon's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aarvi Encon's Price-to-Tangible-Book distribution charts can be found below:

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



Aarvi Encon Price-to-Tangible-Book Calculation

Aarvi Encon's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=140.70/76.564
=1.84

* 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.

It can also be calculated from the numbers for the whole company:

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.


Aarvi Encon Price-to-Tangible-Book Related Terms

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


Aarvi Encon (NSE:AARVI) Business Description

Traded in Other Exchanges
N/A
Address
G.K. Road, Marathon Innova, B1 Wing, 603, Marathon NextGen Complex, Opposite Peninsula Corporate Park, Lower Parel (West), Mumbai, MH, IND, 400013
Aarvi Encon Ltd is a technical manpower outsourcing company providing Staffing solutions to companies in different sectors. Its services include Information Technology Staffing, Manpower Outsourcing, Manpower Deputation, Project Management, Construction Supervision, and Inspection Services, among others. The company caters its services to industries such as Oil and Gas, Engineering, Metals and Minerals, Fertilizer, Telecom, Pipeline, Infrastructure, and others. Geographically, it generates the majority of the revenue from India.

Aarvi Encon (NSE:AARVI) Headlines

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