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Abbott India (BOM:500488) Price-to-Tangible-Book : 15.53 (As of Jun. 07, 2024)


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What is Abbott India Price-to-Tangible-Book?

As of today (2024-06-07), Abbott India's share price is ₹26991.55. Abbott India's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹1,737.58. Hence, Abbott India's Price to Tangible Book Ratio of today is 15.53.

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

BOM:500488' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.85   Med: 10.32   Max: 15.8
Current: 15.53

During the past 13 years, Abbott India's highest Price to Tangible Book Ratio was 15.80. The lowest was 6.85. And the median was 10.32.

BOM:500488's Price-to-Tangible-Book is ranked worse than
93.94% of 858 companies
in the Drug Manufacturers industry
Industry Median: 2.255 vs BOM:500488: 15.53

A closely related ratio is called PB Ratio. As of today, Abbott India's share price is ₹26991.55. Abbott India's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹1,740.71. Hence, Abbott India's P/B Ratio of today is 15.51.


Abbott India Price-to-Tangible-Book Historical Data

The historical data trend for Abbott India'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.

Abbott India Price-to-Tangible-Book Chart

Abbott India 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 13.51 12.25 13.38 14.75 15.51

Abbott India 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 14.75 - 15.86 - 15.51

Competitive Comparison of Abbott India's Price-to-Tangible-Book

For the Drug Manufacturers - General subindustry, Abbott India'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.


Abbott India's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Abbott India's Price-to-Tangible-Book distribution charts can be found below:

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



Abbott India Price-to-Tangible-Book Calculation

Abbott India's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=26991.55/1737.577
=15.53

* 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.


Abbott India Price-to-Tangible-Book Related Terms

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


Abbott India (BOM:500488) Business Description

Traded in Other Exchanges
Address
15-16th Floor, Godrej BKC, Plot C-68, G Block, Near MCA Club, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Abbott India Ltd is a major drug manufacturing company that offers products offerings in diagnostics, medical devices, nutritionals, and branded generic pharmaceuticals. The vast majority of the company's revenue is generated in the India. The company's patient focus centers overwhelmingly toward women's health and gastrointestine, gastroenterology, and hepatic care. The company expects an increased use of collaboration with strategic partners as a component of its growth strategy.

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