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Jain Irrigation Systems (BOM:500219) Price-to-Tangible-Book : 0.84 (As of May. 21, 2024)


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What is Jain Irrigation Systems Price-to-Tangible-Book?

As of today (2024-05-21), Jain Irrigation Systems's share price is ₹64.69. Jain Irrigation Systems's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹76.88. Hence, Jain Irrigation Systems's Price to Tangible Book Ratio of today is 0.84.

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

BOM:500219' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.07   Med: 0.82   Max: 1.51
Current: 0.84

During the past 13 years, Jain Irrigation Systems's highest Price to Tangible Book Ratio was 1.51. The lowest was 0.07. And the median was 0.82.

BOM:500219's Price-to-Tangible-Book is ranked better than
78.01% of 191 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.87 vs BOM:500219: 0.84

A closely related ratio is called PB Ratio. As of today, Jain Irrigation Systems's share price is ₹64.69. Jain Irrigation Systems's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹79.46. Hence, Jain Irrigation Systems's P/B Ratio of today is 0.81.


Jain Irrigation Systems Price-to-Tangible-Book Historical Data

The historical data trend for Jain Irrigation Systems'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.

Jain Irrigation Systems Price-to-Tangible-Book Chart

Jain Irrigation Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.45 0.89 0.42 0.64

Jain Irrigation Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 - 0.84 - 0.64

Competitive Comparison of Jain Irrigation Systems's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, Jain Irrigation Systems'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.


Jain Irrigation Systems's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Jain Irrigation Systems's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Jain Irrigation Systems's Price-to-Tangible-Book falls into.



Jain Irrigation Systems Price-to-Tangible-Book Calculation

Jain Irrigation Systems's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=64.69/76.876
=0.84

* 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.


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.


Jain Irrigation Systems Price-to-Tangible-Book Related Terms

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


Jain Irrigation Systems (BOM:500219) Business Description

Traded in Other Exchanges
Address
National Highway No. 6, Jain Plastic Park, P.O.Box 72, Bambhori, Jalgaon, MH, IND, 425001
Jain Irrigation Systems Ltd is engaged in diversified business. The company's operating segment includes Hi-tech Agri Input Product; Plastic; Agro-Processing; and Other Business Division. It generates maximum revenue from the Hi-tech Agri Input Product Division segment. The Hi-tech Agri Input Products segment includes Micro and Sprinkler Irrigation, Solar Agri Pump, Integrated Irrigation Projects, and Tissue Culture plants. The Plastic Division segment includes PVC piping products, PE piping products, Piping projects, and Plastic sheets. Geographically, it derives a majority of its revenue from India and also has a presence in Europe; North America, and the rest of the world.

Jain Irrigation Systems (BOM:500219) Headlines

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