Concord Control Systems (BOM:543619) Price-to-Tangible-Book : 9.35 (As of Jun. 04, 2024)

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What is Concord Control Systems Price-to-Tangible-Book?

As of today (2024-06-04), Concord Control Systems's share price is ₹722.15. Concord Control Systems's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹77.21. Hence, Concord Control Systems's Price to Tangible Book Ratio of today is 9.35.

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

BOM:543619' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.52 Med: 6.77 Max: 9.35
Current: 9.35

During the past 5 years, Concord Control Systems's highest Price to Tangible Book Ratio was 9.35. The lowest was 5.52. And the median was 6.77.

BOM:543619's Price-to-Tangible-Book is ranked worse than
94.64% of 877 companies
in the Transportation industry
Industry Median: 1.42 vs BOM:543619: 9.35

A closely related ratio is called PB Ratio. As of today, Concord Control Systems's share price is ₹722.15. Concord Control Systems's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹77.21. Hence, Concord Control Systems's P/B Ratio of today is 9.35.

Concord Control Systems Price-to-Tangible-Book Historical Data

The historical data trend for Concord Control Systems'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.

Concord Control Systems Price-to-Tangible-Book Chart

Concord Control Systems Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

5.52

8.02

Concord Control Systems Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	5.52	12.97	8.02

Competitive Comparison of Concord Control Systems's Price-to-Tangible-Book

For the Railroads subindustry, Concord Control Systems'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.

Concord Control Systems's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Concord Control Systems's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Concord Control Systems's Price-to-Tangible-Book falls into.

Concord Control Systems Price-to-Tangible-Book Calculation

Concord Control Systems's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	722.15	/	77.209
	=	9.35

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.

Concord Control Systems Price-to-Tangible-Book Related Terms

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

Concord Control Systems (BOM:543619) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Concord Control Systems Ltd (BOM:543619) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Deva Road, G-36, U.P.S.I.D.C, Industrial Area, Lucknow, UP, IND, 226019

Website

https://www.concordgroup.in

Concord Control Systems Ltd is engaged in the business of manufacturing and supply of coach-related and electrification products for Indian Railways and other Railway Contractors. The company manufactures products required in railway coaches like Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows and others.

Concord Control Systems (BOM:543619) Headlines

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