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Parsan Makina Parcalarinayii AS (IST:PARSN) Price-to-Tangible-Book : 1.21 (As of May. 29, 2024)


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What is Parsan Makina Parcalarinayii AS Price-to-Tangible-Book?

As of today (2024-05-29), Parsan Makina Parcalarinayii AS's share price is ₺118.40. Parsan Makina Parcalarinayii AS's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₺97.74. Hence, Parsan Makina Parcalarinayii AS's Price to Tangible Book Ratio of today is 1.21.

The historical rank and industry rank for Parsan Makina Parcalarinayii AS's Price-to-Tangible-Book or its related term are showing as below:

IST:PARSN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79   Med: 1.65   Max: 4.11
Current: 1.21

During the past 13 years, Parsan Makina Parcalarinayii AS's highest Price to Tangible Book Ratio was 4.11. The lowest was 0.79. And the median was 1.65.

IST:PARSN's Price-to-Tangible-Book is ranked better than
75.51% of 2834 companies
in the Industrial Products industry
Industry Median: 2.12 vs IST:PARSN: 1.21

A closely related ratio is called PB Ratio. As of today, Parsan Makina Parcalarinayii AS's share price is ₺118.40. Parsan Makina Parcalarinayii AS's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₺100.66. Hence, Parsan Makina Parcalarinayii AS's P/B Ratio of today is 1.18.


Parsan Makina Parcalarinayii AS Price-to-Tangible-Book Historical Data

The historical data trend for Parsan Makina Parcalarinayii AS'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.

Parsan Makina Parcalarinayii AS Price-to-Tangible-Book Chart

Parsan Makina Parcalarinayii AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 2.38 2.11 1.78 1.03

Parsan Makina Parcalarinayii AS 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 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 1.05 1.50 2.15 1.03 1.04

Competitive Comparison of Parsan Makina Parcalarinayii AS's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Parsan Makina Parcalarinayii AS'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.


Parsan Makina Parcalarinayii AS's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parsan Makina Parcalarinayii AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Parsan Makina Parcalarinayii AS's Price-to-Tangible-Book falls into.



Parsan Makina Parcalarinayii AS Price-to-Tangible-Book Calculation

Parsan Makina Parcalarinayii AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=118.40/97.744
=1.21

* 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.


Parsan Makina Parcalarinayii AS Price-to-Tangible-Book Related Terms

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


Parsan Makina Parcalarinayii AS (IST:PARSN) Business Description

Traded in Other Exchanges
N/A
Address
Kemiklidere Mevkii PK: 3 Guzelyali Koyu, Pendik, Istanbul, TUR, 34903
Parsan Makina Parcalari Sanayii AS is a Turkey-based company involved in the business of forging, heat treatment, special machining and die production. It manufactures Cardan shafts, spider gears, slip shafts, other automotive products, rear axle shafts, front axle beams, and front axle assemblies, and track assemblies.

Parsan Makina Parcalarinayii AS (IST:PARSN) Headlines

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