Ascensive Educare (BOM:543443) Price-to-Tangible-Book : 3.38 (As of May. 15, 2024)

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What is Ascensive Educare Price-to-Tangible-Book?

As of today (2024-05-15), Ascensive Educare's share price is ₹74.10. Ascensive Educare's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹21.93. Hence, Ascensive Educare's Price to Tangible Book Ratio of today is 3.38.

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

BOM:543443' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93 Med: 1.17 Max: 3.38
Current: 3.38

During the past 5 years, Ascensive Educare's highest Price to Tangible Book Ratio was 3.38. The lowest was 0.93. And the median was 1.17.

BOM:543443's Price-to-Tangible-Book is ranked worse than
62.5% of 216 companies
in the Education industry
Industry Median: 2.015 vs BOM:543443: 3.38

A closely related ratio is called PB Ratio. As of today, Ascensive Educare's share price is ₹74.10. Ascensive Educare's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹22.07. Hence, Ascensive Educare's P/B Ratio of today is 3.36.

Ascensive Educare Price-to-Tangible-Book Historical Data

The historical data trend for Ascensive Educare'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.

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Ascensive Educare Price-to-Tangible-Book Chart

Ascensive Educare Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

0.93

1.40

Ascensive Educare Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	0.93	1.08	1.40

Competitive Comparison of Ascensive Educare's Price-to-Tangible-Book

For the Education & Training Services subindustry, Ascensive Educare'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.

Ascensive Educare's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ascensive Educare's Price-to-Tangible-Book distribution charts can be found below:

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

Ascensive Educare Price-to-Tangible-Book Calculation

Ascensive Educare's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	74.10	/	21.931
	=	3.38

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.

Ascensive Educare Price-to-Tangible-Book Related Terms

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

Ascensive Educare (BOM:543443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ascensive Educare Ltd (BOM:543443) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

BF-32, 2nd Floor, Sector- I, Salt Lake City, Bidhannagar, Kolkata, WB, IND, 700064

Website

https://www.ascensiveeducare.com

Ascensive Educare Ltd is a responsive and innovative skill development company in Kolkata offering vocational training, and educational consulting in collaboration with Central and State Governments. The Company is exclusively engaged in the business of providing skill development training services.

Ascensive Educare (BOM:543443) Headlines

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