Aeroflex Industries (NSE:AEROFLEX) Price-to-Tangible-Book : 6.21 (As of May. 21, 2024)

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What is Aeroflex Industries Price-to-Tangible-Book?

As of today (2024-05-21), Aeroflex Industries's share price is ₹140.40. Aeroflex Industries's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹22.62. Hence, Aeroflex Industries's Price to Tangible Book Ratio of today is 6.21.

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

NSE:AEROFLEX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.37 Med: 5.37 Max: 6.22
Current: 6.22

During the past 5 years, Aeroflex Industries's highest Price to Tangible Book Ratio was 6.22. The lowest was 5.37. And the median was 5.37.

NSE:AEROFLEX's Price-to-Tangible-Book is ranked worse than
85.53% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs NSE:AEROFLEX: 6.22

A closely related ratio is called PB Ratio. As of today, Aeroflex Industries's share price is ₹140.40. Aeroflex Industries's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹22.67. Hence, Aeroflex Industries's P/B Ratio of today is 6.19.

Aeroflex Industries Price-to-Tangible-Book Historical Data

The historical data trend for Aeroflex Industries'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.

Aeroflex Industries Price-to-Tangible-Book Chart

Aeroflex Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

5.37

Aeroflex Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	7.22	5.37

Competitive Comparison of Aeroflex Industries's Price-to-Tangible-Book

For the Metal Fabrication subindustry, Aeroflex Industries'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.

Aeroflex Industries's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aeroflex Industries's Price-to-Tangible-Book distribution charts can be found below:

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

Aeroflex Industries Price-to-Tangible-Book Calculation

Aeroflex Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	140.40	/	22.62
	=	6.21

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.

Aeroflex Industries Price-to-Tangible-Book Related Terms

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

Aeroflex Industries (NSE:AEROFLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeroflex Industries Ltd (NSE:AEROFLEX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

543972:India

Address

Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208

Website

https://www.aeroflexindia.com

Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.

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