Dollex Agrotech (NSE:DOLLEX) Price-to-Tangible-Book : 1.65 (As of May. 14, 2024)

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What is Dollex Agrotech Price-to-Tangible-Book?

As of today (2024-05-14), Dollex Agrotech's share price is ₹43.75. Dollex Agrotech's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹26.46. Hence, Dollex Agrotech's Price to Tangible Book Ratio of today is 1.65.

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

NSE:DOLLEX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.32 Med: 1.48 Max: 1.68
Current: 1.65

During the past 4 years, Dollex Agrotech's highest Price to Tangible Book Ratio was 1.68. The lowest was 1.32. And the median was 1.48.

NSE:DOLLEX's Price-to-Tangible-Book is ranked better than
51.7% of 1706 companies
in the Consumer Packaged Goods industry
Industry Median: 1.71 vs NSE:DOLLEX: 1.65

A closely related ratio is called PB Ratio. As of today, Dollex Agrotech's share price is ₹43.75. Dollex Agrotech's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹26.68. Hence, Dollex Agrotech's P/B Ratio of today is 1.64.

Dollex Agrotech Price-to-Tangible-Book Historical Data

The historical data trend for Dollex Agrotech'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.

Dollex Agrotech Price-to-Tangible-Book Chart

Dollex Agrotech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

1.32

Dollex Agrotech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	1.32	1.63

Competitive Comparison of Dollex Agrotech's Price-to-Tangible-Book

For the Confectioners subindustry, Dollex Agrotech'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.

Dollex Agrotech's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dollex Agrotech's Price-to-Tangible-Book distribution charts can be found below:

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

Dollex Agrotech Price-to-Tangible-Book Calculation

Dollex Agrotech's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	43.75	/	26.459
	=	1.65

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.

Dollex Agrotech Price-to-Tangible-Book Related Terms

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

Dollex Agrotech (NSE:DOLLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dollex Agrotech Ltd (NSE:DOLLEX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001

Website

https://www.dollex.in

Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company also produces and sells its by-products such as molasses, pressed, and bagasse. The bagasse is used to generate power. Further, it is engaged in power generation up to the captive power of 3 MW.

Dollex Agrotech (NSE:DOLLEX) Headlines

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