Gujarat State Petronet (BOM:532702) Price-to-Tangible-Book : 1.65 (As of May. 21, 2024)

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What is Gujarat State Petronet Price-to-Tangible-Book?

As of today (2024-05-21), Gujarat State Petronet's share price is ₹295.30. Gujarat State Petronet's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹179.38. Hence, Gujarat State Petronet's Price to Tangible Book Ratio of today is 1.65.

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

BOM:532702' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.65 Med: 2.12 Max: 5.34
Current: 1.65

During the past 13 years, Gujarat State Petronet's highest Price to Tangible Book Ratio was 5.34. The lowest was 1.65. And the median was 2.12.

BOM:532702's Price-to-Tangible-Book is ranked better than
57.11% of 471 companies
in the Utilities - Regulated industry
Industry Median: 1.81 vs BOM:532702: 1.65

A closely related ratio is called PB Ratio. As of today, Gujarat State Petronet's share price is ₹295.30. Gujarat State Petronet's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹191.86. Hence, Gujarat State Petronet's P/B Ratio of today is 1.54.

Gujarat State Petronet Price-to-Tangible-Book Historical Data

The historical data trend for Gujarat State Petronet'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.

Gujarat State Petronet Price-to-Tangible-Book Chart

Gujarat State Petronet Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.22

2.63

2.00

1.70

1.99

Gujarat State Petronet 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															1.70	-	1.71	-	1.99

Competitive Comparison of Gujarat State Petronet's Price-to-Tangible-Book

For the Utilities - Regulated Gas subindustry, Gujarat State Petronet'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.

Gujarat State Petronet's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat State Petronet's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Gujarat State Petronet's Price-to-Tangible-Book falls into.

Gujarat State Petronet Price-to-Tangible-Book Calculation

Gujarat State Petronet's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	295.30	/	179.384
	=	1.65

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.

Gujarat State Petronet Price-to-Tangible-Book Related Terms

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

Gujarat State Petronet (BOM:532702) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gujarat State Petronet Ltd (BOM:532702) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GSPL:India

Address

GSPL Bhavan, E-18, GIDC Electronics Estate, Sector-26, Near K-7 Circle, Gandhinagar, GJ, IND, 382028

Website

https://www.gspcgroup.com

Gujarat State Petronet Ltd is a regulated Indian natural gas utility company of which the shareholder is a state-owned oil and gas exploration company, Gujarat State Petroleum Corporation. Gujarat State Petronet is involved in the provision of natural gas, compressed natural gas, and liquefied natural gas transmission services in the West Indian state of Gujarat through its pipeline network. The company derives the vast majority of its sales from service fees relating to the transportation of gas to domestic, industrial, and commercial customers. With its many subsidiaries and associate firms, such as Gujarat Gas Limited, Gujarat State Petronet is one of the gas distributors in India.

Gujarat State Petronet (BOM:532702) Headlines

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