Investment & Precision Castings (BOM:504786) Price-to-Tangible-Book : 3.37 (As of Jun. 22, 2024)

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What is Investment & Precision Castings Price-to-Tangible-Book?

As of today (2024-06-22), Investment & Precision Castings's share price is ₹573.55. Investment & Precision Castings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹170.38. Hence, Investment & Precision Castings's Price to Tangible Book Ratio of today is 3.37.

The historical rank and industry rank for Investment & Precision Castings's Price-to-Tangible-Book or its related term are showing as below:

BOM:504786' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91 Med: 1.9 Max: 3.47
Current: 3.37

During the past 13 years, Investment & Precision Castings's highest Price to Tangible Book Ratio was 3.47. The lowest was 0.91. And the median was 1.90.

BOM:504786's Price-to-Tangible-Book is ranked worse than
88.08% of 604 companies
in the Steel industry
Industry Median: 1.03 vs BOM:504786: 3.37

A closely related ratio is called PB Ratio. As of today, Investment & Precision Castings's share price is ₹573.55. Investment & Precision Castings's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹171.32. Hence, Investment & Precision Castings's P/B Ratio of today is 3.35.

Investment & Precision Castings Price-to-Tangible-Book Historical Data

The historical data trend for Investment & Precision Castings'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.

Investment & Precision Castings Price-to-Tangible-Book Chart

Investment & Precision Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.00

1.24

2.19

1.88

3.20

Investment & Precision Castings 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															1.88	-	2.93	-	3.20

Competitive Comparison of Investment & Precision Castings's Price-to-Tangible-Book

For the Steel subindustry, Investment & Precision Castings'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.

Investment & Precision Castings's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Investment & Precision Castings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Investment & Precision Castings's Price-to-Tangible-Book falls into.

Investment & Precision Castings Price-to-Tangible-Book Calculation

Investment & Precision Castings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	573.55	/	170.375
	=	3.37

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.

Investment & Precision Castings Price-to-Tangible-Book Related Terms

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

Investment & Precision Castings (BOM:504786) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Investment & Precision Castings Ltd (BOM:504786) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Nari Road, Bhavnagar, GJ, IND, 364006

Website

https://www.ipcl.in

Investment & Precision Castings Ltd is engaged in the steel casting business. The company's products portfolio includes two-three-four-wheeler, bus tractor parts; aircraft parts; turbochargers for diesel engines; power plants, pumps and valves, medical implants; electrical and instrumentation; general engineering; electronics; electronics; compressors; artisan castings; and machined components from bar stock. The company also provides its products and services to ancillaries and the wind power generation industry. It operates in two segments Investment Castings and Wind Mill. The majority of the firm's revenue comes from the Investment Castings segment.

Investment & Precision Castings (BOM:504786) Headlines

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