Rane Brake Linings (BOM:532987) Price-to-Tangible-Book : (As of Apr. 30, 2024)

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What is Rane Brake Linings Price-to-Tangible-Book?

As of today (2024-04-30), Rane Brake Linings's share price is ₹845.45. Rane Brake Linings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Rane Brake Linings's Price to Tangible Book Ratio of today is .

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

BOM:532987' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92 Med: 2.25 Max: 5.84
Current: 2.55

During the past 13 years, Rane Brake Linings's highest Price to Tangible Book Ratio was 5.84. The lowest was 0.92. And the median was 2.25.

BOM:532987's Price-to-Tangible-Book is ranked worse than
66.89% of 1199 companies
in the Vehicles & Parts industry
Industry Median: 1.69 vs BOM:532987: 2.55

A closely related ratio is called PB Ratio. As of today, Rane Brake Linings's share price is ₹845.45. Rane Brake Linings's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Rane Brake Linings's P/B Ratio of today is .

Rane Brake Linings Price-to-Tangible-Book Historical Data

The historical data trend for Rane Brake Linings'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.

Rane Brake Linings Price-to-Tangible-Book Chart

Rane Brake Linings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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2.30

1.21

2.59

1.95

1.87

Rane Brake Linings 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															-	1.87	-	2.52	-

Competitive Comparison of Rane Brake Linings's Price-to-Tangible-Book

For the Auto Parts subindustry, Rane Brake Linings'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.

Rane Brake Linings's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rane Brake Linings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Rane Brake Linings's Price-to-Tangible-Book falls into.

Rane Brake Linings Price-to-Tangible-Book Calculation

Rane Brake Linings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	845.45	/	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.

Rane Brake Linings Price-to-Tangible-Book Related Terms

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

Rane Brake Linings (BOM:532987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane Brake Linings Ltd (BOM:532987) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

RBL:India

Address

Malthri, No. 132, Cathedral Road, Rane Corporate Centre, Chennai, TN, IND, 600 086

Website

https://www.ranegroup.com

Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.

Rane Brake Linings (BOM:532987) Headlines

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