Empire Industries (BOM:509525) Price-to-Tangible-Book : 1.83 (As of Jun. 05, 2024)

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What is Empire Industries Price-to-Tangible-Book?

As of today (2024-06-05), Empire Industries's share price is ₹911.30. Empire Industries's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹499.28. Hence, Empire Industries's Price to Tangible Book Ratio of today is 1.83.

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

BOM:509525' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.3 Med: 2.05 Max: 7.5
Current: 1.83

During the past 13 years, Empire Industries's highest Price to Tangible Book Ratio was 7.50. The lowest was 1.30. And the median was 2.05.

BOM:509525's Price-to-Tangible-Book is ranked worse than
69.17% of 480 companies
in the Conglomerates industry
Industry Median: 1.13 vs BOM:509525: 1.83

A closely related ratio is called PB Ratio. As of today, Empire Industries's share price is ₹911.30. Empire Industries's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹500.36. Hence, Empire Industries's P/B Ratio of today is 1.82.

Empire Industries Price-to-Tangible-Book Historical Data

The historical data trend for Empire 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.

Empire Industries Price-to-Tangible-Book Chart

Empire Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.30

1.54

1.41

1.30

1.79

Empire Industries 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															1.30	-	2.27	-	1.79

Competitive Comparison of Empire Industries's Price-to-Tangible-Book

For the Conglomerates subindustry, Empire 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.

Empire Industries's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Empire Industries's Price-to-Tangible-Book distribution charts can be found below:

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

Empire Industries Price-to-Tangible-Book Calculation

Empire Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	911.30	/	499.28
	=	1.83

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.

Empire Industries Price-to-Tangible-Book Related Terms

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

Empire Industries (BOM:509525) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Empire Industries Ltd (BOM:509525) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

414, Senapati Bapat Marg, Empire Complex, Lower Parel, Mumbai, MH, IND, 400 013

Website

https://www.empiremumbai.com

Empire Industries Ltd is a multi-divisional company engaged in different businesses. Its segments are Manufacturing - comprising of manufacturing glass bottles; Trading, Business Support Services, Consultancy, Commission; and Property development. The company derives revenue primarily from the business of manufacturing of container glass, trading in frozen foods, indenting and real estate. It also imports frozen foods from the global market and distributes them to hotels, provides office space on a leave and license basis to companies and banks, develops residential, and provides workspace solutions to clients. The company operates in India and internationally.

Empire Industries (BOM:509525) Headlines

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