AB Cotspin India (NSE:ABCOTS) Price-to-Tangible-Book : 5.88 (As of May. 16, 2024)

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What is AB Cotspin India Price-to-Tangible-Book?

As of today (2024-05-16), AB Cotspin India's share price is ₹257.45. AB Cotspin India's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹43.76. Hence, AB Cotspin India's Price to Tangible Book Ratio of today is 5.88.

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

NSE:ABCOTS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.06 Med: 1.13 Max: 6.56
Current: 5.88

During the past 5 years, AB Cotspin India's highest Price to Tangible Book Ratio was 6.56. The lowest was 1.06. And the median was 1.13.

NSE:ABCOTS's Price-to-Tangible-Book is ranked worse than
89.57% of 988 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.335 vs NSE:ABCOTS: 5.88

A closely related ratio is called PB Ratio. As of today, AB Cotspin India's share price is ₹257.45. AB Cotspin India's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹43.76. Hence, AB Cotspin India's P/B Ratio of today is 5.88.

AB Cotspin India Price-to-Tangible-Book Historical Data

The historical data trend for AB Cotspin 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.

AB Cotspin India Price-to-Tangible-Book Chart

AB Cotspin India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

1.17

1.06

AB Cotspin India Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	1.17	1.08	1.06	1.87

Competitive Comparison of AB Cotspin India's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, AB Cotspin 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.

AB Cotspin India's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, AB Cotspin India's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where AB Cotspin India's Price-to-Tangible-Book falls into.

AB Cotspin India Price-to-Tangible-Book Calculation

AB Cotspin 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 )
	=	257.45	/	43.761
	=	5.88

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.

AB Cotspin India Price-to-Tangible-Book Related Terms

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

AB Cotspin India (NSE:ABCOTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AB Cotspin India Ltd (NSE:ABCOTS) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Goniana Road, NH-54, Near lake-3, Bathinda, PB, IND, 151001

Website

https://www.abcotspin.com

AB Cotspin India Ltd has one segment of activity namely Cotton Ginning. Revenue is generated from the sale of products. The company is engaged in manufacturing cotton yarns & fabrics both combed and karded, knitted fabric, cottonseed oil and oilcake catering to the requirements of niche customers who in turn are engaged in making garments for their international buyers.

AB Cotspin India (NSE:ABCOTS) Headlines

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