Innovana Thinklabs (NSE:INNOVANA) Price-to-Tangible-Book : 8.63 (As of Jun. 09, 2024)

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What is Innovana Thinklabs Price-to-Tangible-Book?

As of today (2024-06-09), Innovana Thinklabs's share price is ₹555.00. Innovana Thinklabs's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹64.30. Hence, Innovana Thinklabs's Price to Tangible Book Ratio of today is 8.63.

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

NSE:INNOVANA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.5 Med: 4.8 Max: 9.4
Current: 8.63

During the past 8 years, Innovana Thinklabs's highest Price to Tangible Book Ratio was 9.40. The lowest was 1.50. And the median was 4.80.

NSE:INNOVANA's Price-to-Tangible-Book is ranked worse than
76.16% of 2089 companies
in the Software industry
Industry Median: 3.47 vs NSE:INNOVANA: 8.63

A closely related ratio is called PB Ratio. As of today, Innovana Thinklabs's share price is ₹555.00. Innovana Thinklabs's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹64.30. Hence, Innovana Thinklabs's P/B Ratio of today is 8.63.

Innovana Thinklabs Price-to-Tangible-Book Historical Data

The historical data trend for Innovana Thinklabs'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.

Innovana Thinklabs Price-to-Tangible-Book Chart

Innovana Thinklabs Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.44

1.50

1.52

5.41

5.73

Innovana Thinklabs Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial										1.91	5.41	4.30	5.73	9.40

Competitive Comparison of Innovana Thinklabs's Price-to-Tangible-Book

For the Software - Application subindustry, Innovana Thinklabs'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.

Innovana Thinklabs's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Innovana Thinklabs's Price-to-Tangible-Book distribution charts can be found below:

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

Innovana Thinklabs Price-to-Tangible-Book Calculation

Innovana Thinklabs's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	555.00	/	64.297
	=	8.63

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.

Innovana Thinklabs Price-to-Tangible-Book Related Terms

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

Innovana Thinklabs (NSE:INNOVANA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Innovana Thinklabs Ltd (NSE:INNOVANA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. D-41, Patrakar Colony, Raja Park, Near Jawahar Nagar Moti Dungri Vistar Yojna, Jaipur, RJ, IND, 302004

Website

https://www.innovanathinklabs.com

Innovana Thinklabs Ltd is engaged in software and application development business services to the retail user. Principally, the company designs, develop and maintain software systems and solutions, as well as create new applications and enhance the functionality of existing software products. Its product portfolio consists of application and software such as adblocker, disk cleanup, space reviver, file opener, and privacy protector. In addition, the company also produces application and software such as advance password manager, advanced identity protector, malware protection, disk speedup, systems boost, and web protection.

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