Pattech Fitwell Tube Components (NSE:PATTECH) Price-to-Tangible-Book : 3.80 (As of Jun. 09, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Pattech Fitwell Tube Components Price-to-Tangible-Book?

As of today (2024-06-09), Pattech Fitwell Tube Components's share price is ₹89.50. Pattech Fitwell Tube Components's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹23.56. Hence, Pattech Fitwell Tube Components's Price to Tangible Book Ratio of today is 3.80.

The historical rank and industry rank for Pattech Fitwell Tube Components's Price-to-Tangible-Book or its related term are showing as below:

NSE:PATTECH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.72 Med: 2.72 Max: 3.8
Current: 3.8

During the past 3 years, Pattech Fitwell Tube Components's highest Price to Tangible Book Ratio was 3.80. The lowest was 2.72. And the median was 2.72.

NSE:PATTECH's Price-to-Tangible-Book is ranked worse than
90.53% of 602 companies
in the Steel industry
Industry Median: 1.04 vs NSE:PATTECH: 3.80

A closely related ratio is called PB Ratio. As of today, Pattech Fitwell Tube Components's share price is ₹89.50. Pattech Fitwell Tube Components's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹23.56. Hence, Pattech Fitwell Tube Components's P/B Ratio of today is 3.80.

Pattech Fitwell Tube Components Price-to-Tangible-Book Historical Data

The historical data trend for Pattech Fitwell Tube Components'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.

Pattech Fitwell Tube Components Price-to-Tangible-Book Chart

Pattech Fitwell Tube Components Annual Data

Trend

Mar20

Mar21

Mar22

Price-to-Tangible-Book

Pattech Fitwell Tube Components Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Price-to-Tangible-Book	-	-	-	2.72

Competitive Comparison of Pattech Fitwell Tube Components's Price-to-Tangible-Book

For the Steel subindustry, Pattech Fitwell Tube Components'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.

Pattech Fitwell Tube Components's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Pattech Fitwell Tube Components's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Pattech Fitwell Tube Components's Price-to-Tangible-Book falls into.

Pattech Fitwell Tube Components Price-to-Tangible-Book Calculation

Pattech Fitwell Tube Components's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	89.50	/	23.557
	=	3.80

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.

Pattech Fitwell Tube Components Price-to-Tangible-Book Related Terms

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

Pattech Fitwell Tube Components (NSE:PATTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pattech Fitwell Tube Components Ltd (NSE:PATTECH) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Survey No.873/B/1 Road No:1 Anson Limbani Estate, Near GETCO 66 KV Substation GIDC POR NH-8, Vadodara, GJ, IND, 391243

Website

https://www.pftcpipefittings.com

Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical & pharmaceutical, food processing, oil & gas, desalination & water treatment, shipbuilding, defense, fabrication of process equipment, instrumentation.

Pattech Fitwell Tube Components (NSE:PATTECH) Headlines

No Headlines