TIPS Industries (BOM:532375) PB Ratio : 33.43 (As of Jun. 22, 2024)

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What is TIPS Industries 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 (2024-06-22), TIPS Industries's share price is ₹467.25. TIPS Industries's Book Value per Share for the quarter that ended in Mar. 2024 was ₹13.98. Hence, TIPS Industries's PB Ratio of today is 33.43.

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

BOM:532375' s PB Ratio Range Over the Past 10 Years
Min: 0.7 Med: 1.52 Max: 33.69
Current: 33.43

During the past 13 years, TIPS Industries's highest PB Ratio was 33.69. The lowest was 0.70. And the median was 1.52.

BOM:532375's PB Ratio is ranked worse than
98.73% of 948 companies
in the Media - Diversified industry
Industry Median: 1.38 vs BOM:532375: 33.43

During the past 12 months, TIPS Industries's average Book Value Per Share Growth Rate was 31.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 21.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TIPS Industries was 23.60% per year. The lowest was -6.10% per year. And the median was 5.10% per year.

Back to Basics: PB Ratio

TIPS Industries PB Ratio Historical Data

The historical data trend for TIPS Industries'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.

TIPS Industries PB Ratio Chart

TIPS Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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1.60

5.61

25.97

13.64

32.95

TIPS Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															13.64	-	21.66	-	32.95

Competitive Comparison of TIPS Industries's PB Ratio

For the Entertainment subindustry, TIPS Industries'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.

TIPS Industries's PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TIPS Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where TIPS Industries's PB Ratio falls into.

TIPS Industries 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.

TIPS Industries's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	467.25	/	13.977
	=	33.43

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.

TIPS Industries (BOM:532375) 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.

TIPS Industries PB Ratio Related Terms

Thank you for viewing the detailed overview of TIPS Industries's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

TIPS Industries (BOM:532375) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TIPS Industries Ltd (BOM:532375) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TIPSINDLTD:India

Address

Linking Road and Main Avenue, 2nd Floor, Raheja Chambers, Santacruz(West), Mumbai, MH, IND, 400 054

Website

https://www.tips.in

TIPS Industries Ltd operates in the media and entertainment industry. The principal business activities of the company include the production and distribution of cinematographic films and the exploitation of its content on various platforms. The company has structured its operations into the following business segments, Music (Audio/ Video); and Film Productions/Distribution. The majority of its revenue is derived from the Music (Audio/ Video) segment.

TIPS Industries (BOM:532375) Headlines

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