R M Drip & Sprinklers Systems (NSE:RMDRIP) Price-to-Tangible-Book : 61.16 (As of May. 13, 2024)

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What is R M Drip & Sprinklers Systems Price-to-Tangible-Book?

As of today (2024-05-13), R M Drip & Sprinklers Systems's share price is ₹131.80. R M Drip & Sprinklers Systems's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹2.16. Hence, R M Drip & Sprinklers Systems's Price to Tangible Book Ratio of today is 61.16.

The historical rank and industry rank for R M Drip & Sprinklers Systems's Price-to-Tangible-Book or its related term are showing as below:

NSE:RMDRIP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77 Med: 2.27 Max: 61.16
Current: 61.02

During the past 11 years, R M Drip & Sprinklers Systems's highest Price to Tangible Book Ratio was 61.16. The lowest was 0.77. And the median was 2.27.

NSE:RMDRIP's Price-to-Tangible-Book is ranked worse than
99.48% of 193 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.79 vs NSE:RMDRIP: 61.02

A closely related ratio is called PB Ratio. As of today, R M Drip & Sprinklers Systems's share price is ₹131.80. R M Drip & Sprinklers Systems's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹2.16. Hence, R M Drip & Sprinklers Systems's P/B Ratio of today is 61.16.

R M Drip & Sprinklers Systems Price-to-Tangible-Book Historical Data

The historical data trend for R M Drip & Sprinklers Systems'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.

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R M Drip & Sprinklers Systems Price-to-Tangible-Book Chart

R M Drip & Sprinklers Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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3.42

0.96

1.02

0.77

2.42

R M Drip & Sprinklers Systems Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial													-	0.77	1.09	2.42	25.52

Competitive Comparison of R M Drip & Sprinklers Systems's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, R M Drip & Sprinklers Systems'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.

R M Drip & Sprinklers Systems's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, R M Drip & Sprinklers Systems's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where R M Drip & Sprinklers Systems's Price-to-Tangible-Book falls into.

R M Drip & Sprinklers Systems Price-to-Tangible-Book Calculation

R M Drip & Sprinklers Systems's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	131.80	/	2.155
	=	61.16

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.

R M Drip & Sprinklers Systems Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of R M Drip & Sprinklers Systems's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

R M Drip & Sprinklers Systems (NSE:RMDRIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » R M Drip & Sprinklers Systems Ltd (NSE:RMDRIP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, MH, IND, 422113

Website

http://www.rmdrip.com

R M Drip & Sprinklers Systems Ltd designs manufacture and sell micro-irrigation equipment. The company's products are Drip Irrigation, Sprinkler Irrigation, Filters, among others. The Company also assists the farmers in designing and installation of its Sprinkler and Drip Irrigations systems according to their needs. The dealer network expands from Maharashtra, Madhya Pradesh, Gujarat, Karnataka and extended its market to Uttar Pradesh, Bihar and Jharkhand.

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