Karnika Industries (NSE:KARNIKA) Price-to-Tangible-Book : 19.97 (As of May. 25, 2024)

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What is Karnika Industries Price-to-Tangible-Book?

As of today (2024-05-25), Karnika Industries's share price is ₹290.50. Karnika Industries's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹14.55. Hence, Karnika Industries's Price to Tangible Book Ratio of today is 19.97.

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

NSE:KARNIKA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 20.62
Current: 19.97

During the past 3 years, Karnika Industries's highest Price to Tangible Book Ratio was 20.62. The lowest was 0.00. And the median was 0.00.

NSE:KARNIKA's Price-to-Tangible-Book is ranked worse than
97.28% of 993 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.33 vs NSE:KARNIKA: 19.97

A closely related ratio is called PB Ratio. As of today, Karnika Industries's share price is ₹290.50. Karnika Industries's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹14.57. Hence, Karnika Industries's P/B Ratio of today is 19.94.

Karnika Industries Price-to-Tangible-Book Historical Data

The historical data trend for Karnika Industries'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.

Karnika Industries Price-to-Tangible-Book Chart

Karnika Industries Annual Data

Trend

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Karnika Industries Semi-Annual Data
	Mar21	Mar22	Mar23
Price-to-Tangible-Book	-	-	-

Competitive Comparison of Karnika Industries's Price-to-Tangible-Book

For the Apparel Manufacturing subindustry, Karnika Industries'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.

Karnika Industries's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Karnika Industries's Price-to-Tangible-Book distribution charts can be found below:

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

Karnika Industries Price-to-Tangible-Book Calculation

Karnika Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	290.50	/	14.546
	=	19.97

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.

Karnika Industries Price-to-Tangible-Book Related Terms

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

Karnika Industries (NSE:KARNIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Karnika Industries Ltd (NSE:KARNIKA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gurgola Ghat Road P.O. Salkia Howrah, 6&6/1, Kolkata, WB, IND, 711106

Website

http://www.karnikaindustries.com

Karnika Industries Ltd is an ISO 14001:2015 certified manufacturer through job work, trader and exporter of garments. It manufactures all types of kids wear through job work, i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pyjamas, winter wear, infant wear, etc. It has constructed well-established manufacturing units for designing, preparation of the sample, quality inspection, ironing and packing of Garments that are equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit.

Karnika Industries (NSE:KARNIKA) Headlines

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