Rain Industries (BOM:500339) Price-to-Tangible-Book : 5.22 (As of Jun. 20, 2024)

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What is Rain Industries Price-to-Tangible-Book?

As of today (2024-06-20), Rain Industries's share price is ₹166.15. Rain Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹31.85. Hence, Rain Industries's Price to Tangible Book Ratio of today is 5.22.

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

BOM:500339' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.65 Med: 4.25 Max: 5.31
Current: 5.22

During the past 13 years, Rain Industries's highest Price to Tangible Book Ratio was 5.31. The lowest was 3.65. And the median was 4.25.

BOM:500339's Price-to-Tangible-Book is ranked worse than
86.74% of 1486 companies
in the Chemicals industry
Industry Median: 1.765 vs BOM:500339: 5.22

A closely related ratio is called PB Ratio. As of today, Rain Industries's share price is ₹166.15. Rain Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹218.30. Hence, Rain Industries's P/B Ratio of today is 0.76.

Rain Industries Price-to-Tangible-Book Historical Data

The historical data trend for Rain Industries'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.

Rain Industries Price-to-Tangible-Book Chart

Rain Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.65

4.84

Rain Industries Semi-Annual Data
	Mar05	Mar06	Mar07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial														-	-	-	3.65	4.84

Competitive Comparison of Rain Industries's Price-to-Tangible-Book

For the Chemicals subindustry, Rain Industries'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.

Rain Industries's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rain Industries's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Rain Industries's Price-to-Tangible-Book falls into.

Rain Industries Price-to-Tangible-Book Calculation

Rain Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	166.15	/	31.848
	=	5.22

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.

Rain Industries Price-to-Tangible-Book Related Terms

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

Rain Industries (BOM:500339) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rain Industries Ltd (BOM:500339) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

RAIN:India

Address

34, Srinagar Colony, Rain Center, Hyderabad, TG, IND, 500073

Website

https://www.rain-industries.com

Rain Industries Ltd engages in the production of cement and other related products. The group operates through three segments namely Carbon Products, Advanced Materials, and Cement. The product portfolio of the group consists of Calcined Petroleum Coke, Green Petroleum Coke, Coal Tar Pitch, Co-generated Energy and other derivatives of coal tar distillation. In addition, it also focuses on the downstream operations of coal tar distillation and modifiers and is also involved in the manufacture and sale of cement. Geographically, the business of the firm is spread across the region of Europe, the United States, North America, Asia, and others.

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