Comrade Appliances (BOM:543921) Price-to-Tangible-Book : 5.54 (As of May. 31, 2024)

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What is Comrade Appliances Price-to-Tangible-Book?

As of today (2024-05-31), Comrade Appliances's share price is ₹101.00. Comrade Appliances's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹18.22. Hence, Comrade Appliances's Price to Tangible Book Ratio of today is 5.54.

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

BOM:543921' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.49 Med: 8.34 Max: 8.34
Current: 5.54

During the past 4 years, Comrade Appliances's highest Price to Tangible Book Ratio was 8.34. The lowest was 5.49. And the median was 8.34.

BOM:543921's Price-to-Tangible-Book is ranked worse than
88.01% of 392 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.745 vs BOM:543921: 5.54

A closely related ratio is called PB Ratio. As of today, Comrade Appliances's share price is ₹101.00. Comrade Appliances's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹18.26. Hence, Comrade Appliances's P/B Ratio of today is 5.53.

Comrade Appliances Price-to-Tangible-Book Historical Data

The historical data trend for Comrade Appliances'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.

Comrade Appliances Price-to-Tangible-Book Chart

Comrade Appliances Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Comrade Appliances Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	8.34

Competitive Comparison of Comrade Appliances's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Comrade Appliances'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.

Comrade Appliances's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Comrade Appliances's Price-to-Tangible-Book distribution charts can be found below:

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

Comrade Appliances Price-to-Tangible-Book Calculation

Comrade Appliances's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	101.00	/	18.224
	=	5.54

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.

Comrade Appliances Price-to-Tangible-Book Related Terms

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

Comrade Appliances (BOM:543921) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Comrade Appliances Ltd (BOM:543921) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

183-186, S.V. Road, Shop No. 39, Ground Level I, Dewan Centre, Jogeshwari West, Mumbai, MH, IND, 400102

Website

https://www.comrade.net.in

Comrade Appliances Ltd is engaged in the process of manufacturing an extensive array of Air Coolers and Electric Geysers. The company manufactures consumer durable goods and assembles a wide array of products and provides end-to-end product solutions. It serves under both original equipment manufacturer (OEM) and original design manufacturer (ODM) business models. The Company operates in one Geographical Segment namely within India.

Comrade Appliances (BOM:543921) Headlines

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