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Mahickra Chemicals (NSE:MAHICKRA) Price-to-Tangible-Book : 2.96 (As of May. 13, 2024)


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What is Mahickra Chemicals Price-to-Tangible-Book?

As of today (2024-05-13), Mahickra Chemicals's share price is ₹120.40. Mahickra Chemicals's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹40.69. Hence, Mahickra Chemicals's Price to Tangible Book Ratio of today is 2.96.

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

NSE:MAHICKRA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.89   Med: 2.38   Max: 2.96
Current: 2.96

During the past 11 years, Mahickra Chemicals's highest Price to Tangible Book Ratio was 2.96. The lowest was 1.89. And the median was 2.38.

NSE:MAHICKRA's Price-to-Tangible-Book is ranked worse than
70.34% of 1487 companies
in the Chemicals industry
Industry Median: 1.83 vs NSE:MAHICKRA: 2.96

A closely related ratio is called PB Ratio. As of today, Mahickra Chemicals's share price is ₹120.40. Mahickra Chemicals's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹40.69. Hence, Mahickra Chemicals's P/B Ratio of today is 2.96.


Mahickra Chemicals Price-to-Tangible-Book Historical Data

The historical data trend for Mahickra Chemicals'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.

Mahickra Chemicals Price-to-Tangible-Book Chart

Mahickra Chemicals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 2.54 2.43 2.32 2.45

Mahickra Chemicals Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.54 2.32 1.89 2.45 2.24

Competitive Comparison of Mahickra Chemicals's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Mahickra Chemicals'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.


Mahickra Chemicals's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mahickra Chemicals's Price-to-Tangible-Book distribution charts can be found below:

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



Mahickra Chemicals Price-to-Tangible-Book Calculation

Mahickra Chemicals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=120.40/40.694
=2.96

* 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.

It can also be calculated from the numbers for the whole company:

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.


Mahickra Chemicals Price-to-Tangible-Book Related Terms

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


Mahickra Chemicals (NSE:MAHICKRA) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 1201-1202, Phase-3, G.I.D.C Estate, Vatva, Ahmedabad, GJ, IND, 382445
Mahickra Chemicals Ltd is an India based company engaged in the business of manufacturing of dyes and chemicals. It also exports dyes and chemical products. The product portfolio of the company includes Reactive dyes, Acid dyes, Direct dyes, Pigment powder and emulsion, Specialty chemicals and Synthetic food colors.

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