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Rajratan Global Wire (BOM:517522) Price-to-Tangible-Book : 5.52 (As of Jun. 06, 2024)


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What is Rajratan Global Wire Price-to-Tangible-Book?

As of today (2024-06-06), Rajratan Global Wire's share price is ₹534.70. Rajratan Global Wire's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹96.91. Hence, Rajratan Global Wire's Price to Tangible Book Ratio of today is 5.52.

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

BOM:517522' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67   Med: 2.41   Max: 8.6
Current: 5.44

During the past 13 years, Rajratan Global Wire's highest Price to Tangible Book Ratio was 8.60. The lowest was 0.67. And the median was 2.41.

BOM:517522's Price-to-Tangible-Book is ranked worse than
93.84% of 601 companies
in the Steel industry
Industry Median: 1.03 vs BOM:517522: 5.44

A closely related ratio is called PB Ratio. As of today, Rajratan Global Wire's share price is ₹534.70. Rajratan Global Wire's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹97.02. Hence, Rajratan Global Wire's P/B Ratio of today is 5.51.


Rajratan Global Wire Price-to-Tangible-Book Historical Data

The historical data trend for Rajratan Global Wire'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.

Rajratan Global Wire Price-to-Tangible-Book Chart

Rajratan Global Wire 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 1.11 3.53 7.74 8.60 6.00

Rajratan Global Wire 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 8.60 - 8.65 - 6.00

Competitive Comparison of Rajratan Global Wire's Price-to-Tangible-Book

For the Steel subindustry, Rajratan Global Wire'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.


Rajratan Global Wire's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rajratan Global Wire's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Rajratan Global Wire's Price-to-Tangible-Book falls into.



Rajratan Global Wire Price-to-Tangible-Book Calculation

Rajratan Global Wire's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=534.70/96.914
=5.52

* 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.


Rajratan Global Wire Price-to-Tangible-Book Related Terms

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


Rajratan Global Wire (BOM:517522) Business Description

Traded in Other Exchanges
Address
11/2 Meera Path, Dhenu Market, Rajratan House, Indore, MP, IND, 452 003
Rajratan Global Wire Ltd is an India-based company engaged in the manufacturing of steel wires. The group derives revenues primarily from the sale of Tyre bead wire and other ancillary products. Geographically, its operations are within and outside India.

Rajratan Global Wire (BOM:517522) Headlines

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