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Parker Agro Chem Exports (BOM:524628) Tangible Book per Share : ₹8.50 (As of Mar. 2024)


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What is Parker Agro Chem Exports Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Parker Agro Chem Exports's tangible book value per share for the quarter that ended in Mar. 2024 was ₹8.50.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Parker Agro Chem Exports Tangible Book per Share Historical Data

The historical data trend for Parker Agro Chem Exports's Tangible Book per Share 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.

Parker Agro Chem Exports Tangible Book per Share Chart

Parker Agro Chem Exports Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.41 6.84 4.95 6.31 8.53

Parker Agro Chem Exports Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tangible Book per Share 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 6.31 - 9.05 - 8.50

Competitive Comparison of Parker Agro Chem Exports's Tangible Book per Share

For the Rental & Leasing Services subindustry, Parker Agro Chem Exports'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.


Parker Agro Chem Exports's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Parker Agro Chem Exports's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Parker Agro Chem Exports's Price-to-Tangible-Book falls into.



Parker Agro Chem Exports Tangible Book per Share Calculation

Parker Agro Chem Exports's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(40.792-0-0)/4.780
=8.53

Parker Agro Chem Exports's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(40.792-0-0)/4.802
=8.49

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Parker Agro Chem Exports  (BOM:524628) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Parker Agro Chem Exports Tangible Book per Share Related Terms

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Parker Agro Chem Exports (BOM:524628) Business Description

Traded in Other Exchanges
N/A
Address
Panchwati Five Roads, 401, 4th Floor, Turqouise Building, Ahmedabad, GJ, IND, 380006
Parker Agro Chem Exports Ltd is engaged in the development and renting of petroleum and edible oil storage tanks with connecting pipelines to Port/Jetty. The company is also engaged in trading in commodities including gold and silver and also shares and securities. Its segments are Commodity futures; Trading of imported RBD Palm Oil and Renting of Tank Farm. It generates the majority of its revenue from the Renting of Tank Farm segment.

Parker Agro Chem Exports (BOM:524628) Headlines

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