Parnax Lab (BOM:506128) Price-to-Tangible-Book : (As of May. 26, 2024)

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What is Parnax Lab Price-to-Tangible-Book?

As of today (2024-05-26), Parnax Lab's share price is ₹111.40. Parnax Lab's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Parnax Lab's Price to Tangible Book Ratio of today is .

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

BOM:506128' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 0.96 Max: 2.69
Current: 1.91

During the past 13 years, Parnax Lab's highest Price to Tangible Book Ratio was 2.69. The lowest was 0.32. And the median was 0.96.

BOM:506128's Price-to-Tangible-Book is ranked better than
60.23% of 865 companies
in the Drug Manufacturers industry
Industry Median: 2.32 vs BOM:506128: 1.91

A closely related ratio is called PB Ratio. As of today, Parnax Lab's share price is ₹111.40. Parnax Lab's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Parnax Lab's P/B Ratio of today is .

Parnax Lab Price-to-Tangible-Book Historical Data

The historical data trend for Parnax Lab'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.

Parnax Lab Price-to-Tangible-Book Chart

Parnax Lab Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.81

0.32

0.51

2.69

0.97

Parnax Lab Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.97	-	1.52	-

Competitive Comparison of Parnax Lab's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Parnax Lab'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.

Parnax Lab's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

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

Parnax Lab Price-to-Tangible-Book Calculation

Parnax Lab's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	111.40	/	0
	=

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.

Parnax Lab Price-to-Tangible-Book Related Terms

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

Parnax Lab (BOM:506128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Parnax Lab Ltd (BOM:506128) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

104 - 107, Building No. 8, Gala No. 114, Jogani Industrial Complex, Panchsheel Nagar, Next to Modi Hyundai Service Centre, Chunabhatti, Sion, Mumbai, MH, IND, 400 022

Website

https://www.naxparlab.com

Parnax Lab Ltd is principally engaged in the manufacturing and export of Pharmaceutical Formulations. Its product categories include Pharmaceuticals; Cosmetics; Herbal and Nutraceuticals. The company is developing and delivering Oral Formulations such as Cough Expectorants, Antacids, Anti-Histamines, Multi-Vitamins, Enzyme Preparations, Pediatric Formulations, Special Formulations for Geriatrics, Highly Viscous Products, Suspensions, and others.

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