Ishan International (NSE:ISHAN) Price-to-Tangible-Book : 1.89 (As of May. 26, 2024)

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What is Ishan International Price-to-Tangible-Book?

As of today (2024-05-26), Ishan International's share price is ₹2.25. Ishan International's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹1.19. Hence, Ishan International's Price to Tangible Book Ratio of today is 1.89.

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

NSE:ISHAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54 Med: 0.97 Max: 2.19
Current: 1.89

During the past 4 years, Ishan International's highest Price to Tangible Book Ratio was 2.19. The lowest was 0.54. And the median was 0.97.

NSE:ISHAN's Price-to-Tangible-Book is ranked worse than
51.31% of 191 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.86 vs NSE:ISHAN: 1.89

A closely related ratio is called PB Ratio. As of today, Ishan International's share price is ₹2.25. Ishan International's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹1.19. Hence, Ishan International's P/B Ratio of today is 1.89.

Ishan International Price-to-Tangible-Book Historical Data

The historical data trend for Ishan International'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.

Ishan International Price-to-Tangible-Book Chart

Ishan International Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

0.54

Ishan International Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	2.19	0.54	0.97

Competitive Comparison of Ishan International's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, Ishan International'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.

Ishan International's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ishan International's Price-to-Tangible-Book distribution charts can be found below:

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

Ishan International Price-to-Tangible-Book Calculation

Ishan International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	2.25	/	1.191
	=	1.89

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.

Ishan International Price-to-Tangible-Book Related Terms

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

Ishan International (NSE:ISHAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ishan International Ltd (NSE:ISHAN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1616, WTT Building, 16th Floor, Sector 16, Noida, UP, IND, 201301

Website

https://www.ishanglobal.com

Ishan International Ltd is a heavy engineering company. It is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.

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