Ice Make Refrigeration (NSE:ICEMAKE) Price-to-Tangible-Book : (As of May. 26, 2024)

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What is Ice Make Refrigeration Price-to-Tangible-Book?

As of today (2024-05-26), Ice Make Refrigeration's share price is ₹524.30. Ice Make Refrigeration's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Ice Make Refrigeration's Price to Tangible Book Ratio of today is .

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

NSE:ICEMAKE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.01 Med: 2.57 Max: 5.92
Current: 4.39

During the past 11 years, Ice Make Refrigeration's highest Price to Tangible Book Ratio was 5.92. The lowest was 1.01. And the median was 2.57.

NSE:ICEMAKE's Price-to-Tangible-Book is ranked worse than
79.24% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs NSE:ICEMAKE: 4.39

A closely related ratio is called PB Ratio. As of today, Ice Make Refrigeration's share price is ₹524.30. Ice Make Refrigeration's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Ice Make Refrigeration's P/B Ratio of today is .

Ice Make Refrigeration Price-to-Tangible-Book Historical Data

The historical data trend for Ice Make Refrigeration'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.

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Ice Make Refrigeration Price-to-Tangible-Book Chart

Ice Make Refrigeration Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.59

1.01

1.92

2.54

5.20

Ice Make Refrigeration Quarterly Data
	Sep18	Mar19	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															-	5.20	-	4.63	-

Competitive Comparison of Ice Make Refrigeration's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Ice Make Refrigeration'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.

Ice Make Refrigeration's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ice Make Refrigeration's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ice Make Refrigeration's Price-to-Tangible-Book falls into.

Ice Make Refrigeration Price-to-Tangible-Book Calculation

Ice Make Refrigeration's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	524.30	/	0
	=

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.

Ice Make Refrigeration Price-to-Tangible-Book Related Terms

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

Ice Make Refrigeration (NSE:ICEMAKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ice Make Refrigeration Ltd (NSE:ICEMAKE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

226, Gota-Vadsar Road, Dantali Industrial Estate, Taluka Kalol, Dantali, Near Ahmedabad City, Gandhinagar, GJ, IND, 382721

Website

https://www.icemakeindia.com

Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment being the Manufacturing of Cold Rooms, Freezer, Refrigeration Systems, and chilling Plant. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. The company's product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.

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