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Rex Pipes and Cables Industries (NSE:REXPIPES) Price-to-Tangible-Book : 2.44 (As of May. 26, 2024)


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What is Rex Pipes and Cables Industries Price-to-Tangible-Book?

As of today (2024-05-26), Rex Pipes and Cables Industries's share price is ₹75.00. Rex Pipes and Cables Industries's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹30.70. Hence, Rex Pipes and Cables Industries's Price to Tangible Book Ratio of today is 2.44.

The historical rank and industry rank for Rex Pipes and Cables Industries's Price-to-Tangible-Book or its related term are showing as below:

NSE:REXPIPES' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.52   Med: 1.7   Max: 2.44
Current: 2.44

During the past 6 years, Rex Pipes and Cables Industries's highest Price to Tangible Book Ratio was 2.44. The lowest was 1.52. And the median was 1.70.

NSE:REXPIPES's Price-to-Tangible-Book is ranked worse than
63.03% of 1485 companies
in the Chemicals industry
Industry Median: 1.8 vs NSE:REXPIPES: 2.44

A closely related ratio is called PB Ratio. As of today, Rex Pipes and Cables Industries's share price is ₹75.00. Rex Pipes and Cables Industries's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹30.70. Hence, Rex Pipes and Cables Industries's P/B Ratio of today is 2.44.


Rex Pipes and Cables Industries Price-to-Tangible-Book Historical Data

The historical data trend for Rex Pipes and Cables Industries'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.

Rex Pipes and Cables Industries Price-to-Tangible-Book Chart

Rex Pipes and Cables Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 1.70 1.52

Rex Pipes and Cables Industries Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only 1.88 1.70 1.58 1.52 2.15

Competitive Comparison of Rex Pipes and Cables Industries's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Rex Pipes and Cables Industries'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.


Rex Pipes and Cables Industries's Price-to-Tangible-Book Distribution in the Chemicals Industry

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

* The bar in red indicates where Rex Pipes and Cables Industries's Price-to-Tangible-Book falls into.



Rex Pipes and Cables Industries Price-to-Tangible-Book Calculation

Rex Pipes and Cables Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=75.00/30.696
=2.44

* 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.


Rex Pipes and Cables Industries Price-to-Tangible-Book Related Terms

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


Rex Pipes and Cables Industries (NSE:REXPIPES) Business Description

Traded in Other Exchanges
N/A
Address
F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001
Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the Rex brand name. It offers a wide range of products including three-core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries such as agriculture, power, construction, and engineering.

Rex Pipes and Cables Industries (NSE:REXPIPES) Headlines

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