Titan Biotech (BOM:524717) Price-to-Tangible-Book : (As of Apr. 27, 2024)

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What is Titan Biotech Price-to-Tangible-Book?

As of today (2024-04-27), Titan Biotech's share price is ₹509.05. Titan Biotech's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Titan Biotech's Price to Tangible Book Ratio of today is .

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

BOM:524717' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79 Med: 1.74 Max: 3.78
Current: 3.63

During the past 13 years, Titan Biotech's highest Price to Tangible Book Ratio was 3.78. The lowest was 0.79. And the median was 1.74.

BOM:524717's Price-to-Tangible-Book is ranked worse than
62.05% of 1220 companies
in the Biotechnology industry
Industry Median: 2.65 vs BOM:524717: 3.63

A closely related ratio is called PB Ratio. As of today, Titan Biotech's share price is ₹509.05. Titan Biotech's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Titan Biotech's P/B Ratio of today is .

Titan Biotech Price-to-Tangible-Book Historical Data

The historical data trend for Titan Biotech'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.

Titan Biotech Price-to-Tangible-Book Chart

Titan Biotech Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.16

0.90

2.23

2.20

1.48

Titan Biotech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	1.48	-	2.50	-

Competitive Comparison of Titan Biotech's Price-to-Tangible-Book

For the Biotechnology subindustry, Titan Biotech'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.

Titan Biotech's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Titan Biotech's Price-to-Tangible-Book distribution charts can be found below:

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

Titan Biotech Price-to-Tangible-Book Calculation

Titan Biotech's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	509.05	/	0
	=

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.

Titan Biotech Price-to-Tangible-Book Related Terms

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

Titan Biotech (BOM:524717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Titan Biotech Ltd (BOM:524717) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

903-909, 9th Floor, Bigjos Tower, Netaji Subhash Place, Delhi, IND, 110034

Website

https://www.titanbiotechltd.com

Titan Biotech Ltd is a manufacturer and exporter of biological products. It manufactures biological products such as peptone, malt extract, yeast extract, liver extract, bile extract, culture media, laboratory chemicals, plant growth promoters and others. The biological products have applications in the field of pharmaceutical, nutraceutical, food and beverages, biotechnology and fermentation, cosmetic, veterinary and animal feed, agriculture industries, and others. The Company's business activity falls within a single primary business segment which is business of Biological Products. The firm sells its products in India and also exports internationally, of which the majority of the revenue is derived from the sales made in India.

Titan Biotech (BOM:524717) Headlines

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