Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bhagwan MarineASX:BWN 10 Price-to-Tangible-Book is 0.78 as of Sep. 17, 2026. GuruFocus rates ASX:BWN with a GF Score™ of 10/100. The stock has 8 warning signs investors should review. Among 932 Transportation companies, Bhagwan Marine ranks better than 77.04% on this metric.
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.
Bhagwan Marine Price-to-Tangible-Book Related Terms
Bhagwan Marine Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Bhagwan Marine'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.
For the Marine Shipping subindustry, Bhagwan Marine'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.
Bhagwan Marine Price-to-Tangible-Book vs Transportation Industry
For the Transportation industry and Industrials sector, Bhagwan Marine's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Bhagwan Marine's Price-to-Tangible-Book falls into.
* 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:
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.
Bhagwan Marine (ASX:BWN) has a Price-to-Tangible-Book of 0.78 as of Sep. 17, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Bhagwan Marine and its competitors. According to the industry distribution chart, Bhagwan Marine ranks #214 out of 932 companies in the Transportation industry, placing it in the top 23%.
Is Bhagwan Marine's Price-to-Tangible-Book too high?
Bhagwan Marine's current Price-to-Tangible-Book is 0.78. The Transportation industry median Price-to-Tangible-Book is 1.39. Bhagwan Marine's value of 0.78 is 43.9% below this industry median. Based on the distribution chart, Bhagwan Marine ranks #214 out of 932 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Bhagwan Marine has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Bhagwan Marine's Price-to-Tangible-Book compare to competitors?
According to the Transportation industry distribution chart, Bhagwan Marine ranks #214 out of 932 companies for Price-to-Tangible-Book. This places Bhagwan Marine in the top 23% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.39. Bhagwan Marine's value of 0.78 is 43.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Transportation company?
The median Price-to-Tangible-Book among Transportation companies is 1.39, based on 932 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bhagwan Marine's current Price-to-Tangible-Book of 0.78 is 43.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Bhagwan Marine and its competitors. For the Transportation industry, the median Price-to-Tangible-Book is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagwan Marine's current Price-to-Tangible-Book is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagwan Marine stock overvalued right now?
Bhagwan Marine (ASX:BWN) has a current Price-to-Tangible-Book of 0.78. The current Price-to-Tangible-Book is 0.78 and 43.9% below the Transportation industry median of 1.39. Bhagwan Marine's overall GF Score™ is 10/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Bhagwan Marine (ASX:BWN), the current Price-to-Tangible-Book is 0.78 as of Sep. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Bhagwan Marine Ltd is a marine vessel operator and service provider. It is engaged in operating a diverse range of vessels providing marine solutions across the offshore energy, subsea, ports and inshore, and defence sectors. The group has a diverse fleet of purpose-built charter vessels and marine assets available for hire, including ASD harbour tugs, coastal towage tugs, anchor handling tug supply, multicats, dive support vessels, landing craft, crew transfer vessels, and utility vessels, among others. In addition, it provides various marine services such as ROV support, coastal freight, transshipping, vessel line handling, general underwater construction, oil field support services, etc. Geographically, the group derives a majority of its revenue from Australia.
10GF Score
Get the complete analysis for ASX:BWN
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:BWN has been successfully added to your 
