De Neers Tools (NSE:DENEERS) Price-to-Tangible-Book : 7.48 (As of May. 28, 2024)

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What is De Neers Tools Price-to-Tangible-Book?

As of today (2024-05-28), De Neers Tools's share price is ₹206.95. De Neers Tools's Tangible Book per Share of Mar. 2022 for the quarter that ended in Mar. 2022 was ₹27.68. Hence, De Neers Tools's Price to Tangible Book Ratio of today is 7.48.

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

NSE:DENEERS's Price-to-Tangible-Book is not ranked ^*
in the Industrial Products industry.
Industry Median: 2.12
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, De Neers Tools's share price is ₹206.95. De Neers Tools's Book Value per Sharefor the quarter that ended in Mar. 2022 was ₹27.68. Hence, De Neers Tools's P/B Ratio of today is 7.48.

De Neers Tools Price-to-Tangible-Book Historical Data

The historical data trend for De Neers Tools'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.

De Neers Tools Price-to-Tangible-Book Chart

De Neers Tools Annual Data

Trend

Mar20

Mar21

Mar22

Price-to-Tangible-Book

De Neers Tools Semi-Annual Data
	Mar20	Mar21	Mar22
Price-to-Tangible-Book	-	-	-

Competitive Comparison of De Neers Tools's Price-to-Tangible-Book

For the Tools & Accessories subindustry, De Neers Tools'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.

De Neers Tools's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Neers Tools's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where De Neers Tools's Price-to-Tangible-Book falls into.

De Neers Tools Price-to-Tangible-Book Calculation

De Neers Tools's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2022 )
	=	206.95	/	27.678
	=	7.48

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.

De Neers Tools Price-to-Tangible-Book Related Terms

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

De Neers Tools (NSE:DENEERS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » De Neers Tools Ltd (NSE:DENEERS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Plot No. 468, Ground Floor, Industrial Area, Patparganj, Delhi, IND, 110092

Website

https://www.deneerstools.com

De Neers Tools Ltd is a hand tools suppliers in India. The company aims to provide hand tools of the utmost quality that are worth Its customers' money. It continuously works on innovation and research to develop products that can bring a kind of revolution in the hand tool industry. Its products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, sockets, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with other range of hand tools. The company is predominantly engaged in wholesale trading of hardware & tools which constitutes a single business segment.

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