GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Phoenix Mills Ltd (NSE:PHOENIXLTD) » Definitions » Price-to-Tangible-Book

Phoenix Mills (NSE:PHOENIXLTD) Price-to-Tangible-Book : 6.49 (As of May. 25, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Phoenix Mills Price-to-Tangible-Book?

As of today (2024-05-25), Phoenix Mills's share price is ₹3208.95. Phoenix Mills's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹494.43. Hence, Phoenix Mills's Price to Tangible Book Ratio of today is 6.49.

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

NSE:PHOENIXLTD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.47   Med: 3.09   Max: 6.49
Current: 6.49

During the past 13 years, Phoenix Mills's highest Price to Tangible Book Ratio was 6.49. The lowest was 2.47. And the median was 3.09.

NSE:PHOENIXLTD's Price-to-Tangible-Book is ranked worse than
95.06% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs NSE:PHOENIXLTD: 6.49

A closely related ratio is called PB Ratio. As of today, Phoenix Mills's share price is ₹3208.95. Phoenix Mills's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹529.26. Hence, Phoenix Mills's P/B Ratio of today is 6.06.


Phoenix Mills Price-to-Tangible-Book Historical Data

The historical data trend for Phoenix Mills'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.

Phoenix Mills Price-to-Tangible-Book Chart

Phoenix Mills Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 2.84 3.13 2.99 5.63

Phoenix Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only 2.99 - 3.95 - 5.63

Competitive Comparison of Phoenix Mills's Price-to-Tangible-Book

For the Real Estate - Diversified subindustry, Phoenix Mills'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.


Phoenix Mills's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Phoenix Mills's Price-to-Tangible-Book distribution charts can be found below:

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



Phoenix Mills Price-to-Tangible-Book Calculation

Phoenix Mills's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3208.95/494.426
=6.49

* 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.


Phoenix Mills Price-to-Tangible-Book Related Terms

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


Phoenix Mills (NSE:PHOENIXLTD) Business Description

Traded in Other Exchanges
Address
Off. Dr. E. Moses Road, R. R. Hosiery Building, 2nd Floor, Shree Laxmi Woollen Mills Estate, Mahalaxmi, Mumbai, MH, IND, 400 011
Phoenix Mills Ltd is a real estate development company operating in India. The group's development strategy includes converting land underlying abandoned mills into modern, multi-use, integrated property. The group is involved in all aspects of development, including planning, construction, and marketing, as well as management, maintenance, and sales of the complete development. These properties include retail, hospitality, commercial, and residential complexes. The majority of the company's revenue is derived from license fees and rental income. Its segments comprise Property and related services segment that provide mall /office areas on a license basis and development of commercial/residential properties. The Hospitality segment engages in the operation of hotels and restaurants.

Phoenix Mills (NSE:PHOENIXLTD) Headlines

No Headlines