Arabian Petroleum (NSE:ARABIAN) Price-to-Tangible-Book : 4.58 (As of May. 26, 2024)

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What is Arabian Petroleum Price-to-Tangible-Book?

As of today (2024-05-26), Arabian Petroleum's share price is ₹92.20. Arabian Petroleum's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹20.15. Hence, Arabian Petroleum's Price to Tangible Book Ratio of today is 4.58.

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

NSE:ARABIAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 4.65
Current: 4.58

During the past 5 years, Arabian Petroleum's highest Price to Tangible Book Ratio was 4.65. The lowest was 0.00. And the median was 0.00.

NSE:ARABIAN's Price-to-Tangible-Book is ranked worse than
89.09% of 926 companies
in the Oil & Gas industry
Industry Median: 1.34 vs NSE:ARABIAN: 4.58

A closely related ratio is called PB Ratio. As of today, Arabian Petroleum's share price is ₹92.20. Arabian Petroleum's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹20.22. Hence, Arabian Petroleum's P/B Ratio of today is 4.56.

Arabian Petroleum Price-to-Tangible-Book Historical Data

The historical data trend for Arabian Petroleum'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.

Arabian Petroleum Price-to-Tangible-Book Chart

Arabian Petroleum Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Arabian Petroleum Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
Price-to-Tangible-Book	-	-	-	-	-

Competitive Comparison of Arabian Petroleum's Price-to-Tangible-Book

For the Oil & Gas Refining & Marketing subindustry, Arabian Petroleum'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.

Arabian Petroleum's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Arabian Petroleum's Price-to-Tangible-Book distribution charts can be found below:

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

Arabian Petroleum Price-to-Tangible-Book Calculation

Arabian Petroleum's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	92.20	/	20.148
	=	4.58

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.

Arabian Petroleum Price-to-Tangible-Book Related Terms

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

Arabian Petroleum (NSE:ARABIAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arabian Petroleum Ltd (NSE:ARABIAN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 14-B, Morivali M.I.D.C, Opp. Positive Packaging, Ambernath West, Thane, MH, IND, 421505

Website

https://www.arabianpetroleum.co.in

Arabian Petroleum Ltd is a company engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc ,used for Industrial and Automotive applications. Our business is categorized into two distinctive product division which includes Automotive Lubricants - Arzol and Industrial Lubricants - SPL.

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