Primech Holdings (Primech Holdings) Price-to-Tangible-Book : 3.25 (As of May. 11, 2024)

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

What is Primech Holdings Price-to-Tangible-Book?

As of today (2024-05-11), Primech Holdings's share price is $0.7349. Primech Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.23. Hence, Primech Holdings's Price to Tangible Book Ratio of today is 3.25.

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

PMEC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.28
Current: 3.2

During the past 4 years, Primech Holdings's highest Price to Tangible Book Ratio was 3.28. The lowest was 0.00. And the median was 0.00.

PMEC's Price-to-Tangible-Book is ranked worse than
63.67% of 867 companies
in the Business Services industry
Industry Median: 2.11 vs PMEC: 3.20

A closely related ratio is called PB Ratio. As of today, Primech Holdings's share price is $0.7349. Primech Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.25. Hence, Primech Holdings's P/B Ratio of today is 3.00.

Primech Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Primech Holdings'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.

Primech Holdings Price-to-Tangible-Book Chart

Primech Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Primech Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Primech Holdings's Price-to-Tangible-Book

For the Specialty Business Services subindustry, Primech Holdings'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.

Primech Holdings's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Primech Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Primech Holdings Price-to-Tangible-Book Calculation

Primech Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.7349	/	0.226
	=	3.25

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.

Primech Holdings Price-to-Tangible-Book Related Terms

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

Primech Holdings (Primech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Primech Holdings Ltd (NAS:PMEC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Ubi Crescent, Singapore, SGP, 408579

Website

https://www.primechholdings.com

Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.

Primech Holdings (Primech Holdings) Headlines

From GuruFocus

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

By Marketwired • 10-10-2023

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

By GlobeNewswire • 10-10-2023