Laxmi Goldorna House (NSE:LGHL) Price-to-Tangible-Book : 23.58 (As of May. 29, 2024)

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What is Laxmi Goldorna House Price-to-Tangible-Book?

As of today (2024-05-29), Laxmi Goldorna House's share price is ₹359.85. Laxmi Goldorna House's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹15.26. Hence, Laxmi Goldorna House's Price to Tangible Book Ratio of today is 23.58.

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

NSE:LGHL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.94 Med: 1.08 Max: 23.58
Current: 23.58

During the past 7 years, Laxmi Goldorna House's highest Price to Tangible Book Ratio was 23.58. The lowest was 0.94. And the median was 1.08.

NSE:LGHL's Price-to-Tangible-Book is ranked worse than
96.93% of 977 companies
in the Retail - Cyclical industry
Industry Median: 1.78 vs NSE:LGHL: 23.58

A closely related ratio is called PB Ratio. As of today, Laxmi Goldorna House's share price is ₹359.85. Laxmi Goldorna House's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹15.26. Hence, Laxmi Goldorna House's P/B Ratio of today is 23.58.

Laxmi Goldorna House Price-to-Tangible-Book Historical Data

The historical data trend for Laxmi Goldorna House'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.

Laxmi Goldorna House Price-to-Tangible-Book Chart

Laxmi Goldorna House Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.08

0.94

1.74

Laxmi Goldorna House Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	1.08	0.94	1.74

Competitive Comparison of Laxmi Goldorna House's Price-to-Tangible-Book

For the Luxury Goods subindustry, Laxmi Goldorna House'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.

Laxmi Goldorna House's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Laxmi Goldorna House's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Laxmi Goldorna House's Price-to-Tangible-Book falls into.

Laxmi Goldorna House Price-to-Tangible-Book Calculation

Laxmi Goldorna House's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	359.85	/	15.26
	=	23.58

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.

Laxmi Goldorna House Price-to-Tangible-Book Related Terms

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

Laxmi Goldorna House (NSE:LGHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Laxmi Goldorna House Ltd (NSE:LGHL) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

M. G. Haveli Road, Laxmi House, Opposite Bandharano Khancho, Manekchowk, Ahmedabad, GJ, IND, 380001

Website

http://laxmilifestyle.co.in

Laxmi Goldorna House Ltd is engaged in manufacturing and trading business of branded gold jewellery and ornaments. Its collection of manufactured product includes gold jewellery with or without studded precious and semi-precious stones. It is also engaged in the real estate business that includes the construction of commercial and residential projects.