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Aeries Technology (Aeries Technology) PB Ratio : (As of May. 13, 2024)


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What is Aeries Technology PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-13), Aeries Technology's share price is $0.0651. Aeries Technology's Book Value per Share for the quarter that ended in Dec. 2023 was $0.00. Hence, Aeries Technology's PB Ratio of today is .

The historical rank and industry rank for Aeries Technology's PB Ratio or its related term are showing as below:

During the past 2 years, Aeries Technology's highest PB Ratio was 0.72. The lowest was 0.48. And the median was 0.71.

AERTW's PB Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.8
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Aeries Technology's average Book Value Per Share Growth Rate was 61.10% per year.

Back to Basics: PB Ratio

Aeries Technology PB Ratio Historical Data

The historical data trend for Aeries Technology's PB Ratio 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.

Aeries Technology PB Ratio Chart

Aeries Technology Annual Data
Trend Mar22 Mar23
PB Ratio
- -

Aeries Technology Quarterly Data
Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial - - - - -

Competitive Comparison of Aeries Technology's PB Ratio

For the Consulting Services subindustry, Aeries Technology's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Aeries Technology's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aeries Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aeries Technology's PB Ratio falls into.


Aeries Technology PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Aeries Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.0651/
=

* 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.

It can also be calculated from the numbers for the whole company:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Aeries Technology  (NAS:AERTW) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Aeries Technology PB Ratio Related Terms

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Aeries Technology (Aeries Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aeries Technology Inc (NAS:AERTW) » Definitions » PB Ratio
Comparable Companies
Traded in Other Exchanges
AERT:USA
Address
Twin Towers Lane, Paville House, 5th Floor, Prabhadevi, Mumbai, MH, IND, 400025
Website
https://www.aeriestechnology.com
Aeries Technology Inc is a global professional and management services partner offering a range of management consultancy services for private equity sponsors and their portfolio companies with engagement models that are designed to provide a mix of deep vertical specialty, functional expertise, and digital systems and solutions to scale, optimize and transform a client's business operations. It supports and drives its client's global growth by providing a range of management consultancy services involving professional advisory services and operations management services to build and manage dedicated delivery centers in appropriate locations based on customer business needs.