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Tribhovandas Bhimji Zaveri (NSE:TBZ) Net Cash per Share : ₹-120.94 (As of Mar. 2024)


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What is Tribhovandas Bhimji Zaveri Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Tribhovandas Bhimji Zaveri's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹-120.94.

The historical rank and industry rank for Tribhovandas Bhimji Zaveri's Net Cash per Share or its related term are showing as below:

NSE:TBZ's Price-to-Net-Cash is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.87
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tribhovandas Bhimji Zaveri Net Cash per Share Historical Data

The historical data trend for Tribhovandas Bhimji Zaveri's Net Cash 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.

Tribhovandas Bhimji Zaveri Net Cash per Share Chart

Tribhovandas Bhimji Zaveri Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -141.83 -97.72 -136.61 -135.80 -120.94

Tribhovandas Bhimji Zaveri Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash 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 -135.80 - -124.17 - -120.94

Competitive Comparison of Tribhovandas Bhimji Zaveri's Net Cash per Share

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Tribhovandas Bhimji Zaveri's Price-to-Net-Cash Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tribhovandas Bhimji Zaveri's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Tribhovandas Bhimji Zaveri's Price-to-Net-Cash falls into.



Tribhovandas Bhimji Zaveri Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Tribhovandas Bhimji Zaveri's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(499.684-8570.258-0)/66.7306
=-120.94

Tribhovandas Bhimji Zaveri's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(499.684-8570.258-0)/66.7306
=-120.94

* 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.


Tribhovandas Bhimji Zaveri  (NSE:TBZ) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Tribhovandas Bhimji Zaveri Net Cash per Share Related Terms

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Tribhovandas Bhimji Zaveri (NSE:TBZ) Business Description

Traded in Other Exchanges
Address
Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading and selling jewellery. The company offers a range of products, including pendants, earrings, waist belts, watches, necklaces, bracelets, rings, and bangles. Its product portfolio includes plain gold, diamond-studded, semi-precious stone studded, diamond-studded platinum jewellery, jewellery with coloured stones in gold and diamond, loose diamond solitaires, loose precious and semi-precious stones, and jadau jewellery. The company provides jewellery for various occasions including wedding, festival, everyday wear, contemporary, and traditional wear. The company's business activity falls within a single primary business segment of Jewellery and one reportable geographical segment which is within India.

Tribhovandas Bhimji Zaveri (NSE:TBZ) Headlines

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