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IND Renewable Energy (BOM:536709) Price-to-Tangible-Book : (As of May. 15, 2024)


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What is IND Renewable Energy Price-to-Tangible-Book?

As of today (2024-05-15), IND Renewable Energy's share price is ₹20.71. IND Renewable Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, IND Renewable Energy's Price to Tangible Book Ratio of today is .

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

BOM:536709' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62   Med: 1.51   Max: 3.53
Current: 2.36

During the past 12 years, IND Renewable Energy's highest Price to Tangible Book Ratio was 3.53. The lowest was 0.62. And the median was 1.51.

BOM:536709's Price-to-Tangible-Book is ranked worse than
63.77% of 472 companies
in the Utilities - Regulated industry
Industry Median: 1.81 vs BOM:536709: 2.36

A closely related ratio is called PB Ratio. As of today, IND Renewable Energy's share price is ₹20.71. IND Renewable Energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, IND Renewable Energy's P/B Ratio of today is .


IND Renewable Energy Price-to-Tangible-Book Historical Data

The historical data trend for IND Renewable Energy'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.

IND Renewable Energy Price-to-Tangible-Book Chart

IND Renewable Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 0.62 1.02 1.08 1.17

IND Renewable Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1.17 - 2.11 -

Competitive Comparison of IND Renewable Energy's Price-to-Tangible-Book

For the Utilities - Regulated Electric subindustry, IND Renewable Energy'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.


IND Renewable Energy's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, IND Renewable Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where IND Renewable Energy's Price-to-Tangible-Book falls into.



IND Renewable Energy Price-to-Tangible-Book Calculation

IND Renewable Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=20.71/0
=

* 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.


IND Renewable Energy Price-to-Tangible-Book Related Terms

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


IND Renewable Energy (BOM:536709) Business Description

Traded in Other Exchanges
N/A
Address
503, Western Express Highway, Western Edge II, Borivali East, Mumbai, MH, IND, 400 066
IND Renewable Energy Ltd is an Indian firm engaged in the business of Roof Top Solar Plant. The company has only one reportable segment, which is Solar Power and generates revenue from the same.

IND Renewable Energy (BOM:536709) Headlines

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