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Nitta Gelatin India (BOM:506532) Price-to-Tangible-Book : 2.18 (As of Jun. 18, 2024)


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What is Nitta Gelatin India Price-to-Tangible-Book?

As of today (2024-06-18), Nitta Gelatin India's share price is ₹824.60. Nitta Gelatin India's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹377.41. Hence, Nitta Gelatin India's Price to Tangible Book Ratio of today is 2.18.

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

BOM:506532' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53   Med: 1.25   Max: 3.03
Current: 2.18

During the past 13 years, Nitta Gelatin India's highest Price to Tangible Book Ratio was 3.03. The lowest was 0.53. And the median was 1.25.

BOM:506532's Price-to-Tangible-Book is ranked worse than
59.39% of 1485 companies
in the Chemicals industry
Industry Median: 1.75 vs BOM:506532: 2.18

A closely related ratio is called PB Ratio. As of today, Nitta Gelatin India's share price is ₹824.60. Nitta Gelatin India's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹378.27. Hence, Nitta Gelatin India's P/B Ratio of today is 2.18.


Nitta Gelatin India Price-to-Tangible-Book Historical Data

The historical data trend for Nitta Gelatin India'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.

Nitta Gelatin India Price-to-Tangible-Book Chart

Nitta Gelatin India 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 0.53 0.88 1.28 3.03 2.21

Nitta Gelatin India 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 3.03 - 2.38 - 2.21

Competitive Comparison of Nitta Gelatin India's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Nitta Gelatin India'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.


Nitta Gelatin India's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nitta Gelatin India's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nitta Gelatin India's Price-to-Tangible-Book falls into.



Nitta Gelatin India Price-to-Tangible-Book Calculation

Nitta Gelatin India's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=824.60/377.408
=2.18

* 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.


Nitta Gelatin India Price-to-Tangible-Book Related Terms

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


Nitta Gelatin India (BOM:506532) Business Description

Traded in Other Exchanges
N/A
Address
56/715, SBT Avenue, Post Box No. 4262, Panampilly Nagar, Kochi, KL, IND, 682 036
Nitta Gelatin India Ltd is an India-based manufacturer and seller of Gelatin, Di-Calcium Phosphate, Ossein and Collagen peptides. The company's product range includes Gelatin for pharmaceuticals and food applications, Wellnex collagen peptides for joint health and skin beauty, Di-Calcium Phosphate as a poultry feed ingredient, NutriGold as an agricultural growth promoter, and Ossein and Chitosan for agricultural and industrial applications. Geographically, the company sells its products in India and other countries.

Nitta Gelatin India (BOM:506532) Headlines

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