Nirman Agri Genetics (NSE:NIRMAN) Price-to-Tangible-Book : 3.86 (As of Jun. 06, 2024)

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What is Nirman Agri Genetics Price-to-Tangible-Book?

As of today (2024-06-06), Nirman Agri Genetics's share price is ₹199.75. Nirman Agri Genetics's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹51.73. Hence, Nirman Agri Genetics's Price to Tangible Book Ratio of today is 3.86.

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

NSE:NIRMAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.02 Med: 2.78 Max: 3.94
Current: 3.86

During the past 4 years, Nirman Agri Genetics's highest Price to Tangible Book Ratio was 3.94. The lowest was 2.02. And the median was 2.78.

NSE:NIRMAN's Price-to-Tangible-Book is ranked worse than
84.05% of 232 companies
in the Agriculture industry
Industry Median: 1.565 vs NSE:NIRMAN: 3.86

A closely related ratio is called PB Ratio. As of today, Nirman Agri Genetics's share price is ₹199.75. Nirman Agri Genetics's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹51.73. Hence, Nirman Agri Genetics's P/B Ratio of today is 3.86.

Nirman Agri Genetics Price-to-Tangible-Book Historical Data

The historical data trend for Nirman Agri Genetics'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.

Nirman Agri Genetics Price-to-Tangible-Book Chart

Nirman Agri Genetics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

2.02

Nirman Agri Genetics Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	2.02	-	3.54

Competitive Comparison of Nirman Agri Genetics's Price-to-Tangible-Book

For the Agricultural Inputs subindustry, Nirman Agri Genetics'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.

Nirman Agri Genetics's Price-to-Tangible-Book Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nirman Agri Genetics's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nirman Agri Genetics's Price-to-Tangible-Book falls into.

Nirman Agri Genetics Price-to-Tangible-Book Calculation

Nirman Agri Genetics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	199.75	/	51.733
	=	3.86

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.

Nirman Agri Genetics Price-to-Tangible-Book Related Terms

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

Nirman Agri Genetics (NSE:NIRMAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nirman Agri Genetics Ltd (NSE:NIRMAN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dindori Road, Vedant Apartment, Near Reliance Shopee, Panchavati, Nashik, MH, IND, 422 003

Website

https://www.nirmanagrigen.com

Nirman Agri Genetics Ltd is an organized Agri-Input company in India. It is in the business of production, processing, and marketing of high-quality hybrid seeds, pesticides, and bio-organic. These processes are used for different crops like corn, sunflower, cotton, paddy, grain sorghum, and others.

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