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Ashirwad Capital (BOM:512247) Price-to-Tangible-Book : 2.34 (As of Dec. 14, 2024)


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What is Ashirwad Capital Price-to-Tangible-Book?

As of today (2024-12-14), Ashirwad Capital's share price is ₹5.11. Ashirwad Capital's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ₹2.18. Hence, Ashirwad Capital's Price to Tangible Book Ratio of today is 2.34.

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

BOM:512247' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.15   Med: 1.72   Max: 2.85
Current: 2.34

During the past 13 years, Ashirwad Capital's highest Price to Tangible Book Ratio was 2.85. The lowest was 1.15. And the median was 1.72.

BOM:512247's Price-to-Tangible-Book is ranked worse than
63.51% of 729 companies
in the Capital Markets industry
Industry Median: 1.53 vs BOM:512247: 2.34

A closely related ratio is called PB Ratio. As of today, Ashirwad Capital's share price is ₹5.11. Ashirwad Capital's Book Value per Sharefor the quarter that ended in Sep. 2024 was ₹2.18. Hence, Ashirwad Capital's P/B Ratio of today is 2.34.


Ashirwad Capital Price-to-Tangible-Book Historical Data

The historical data trend for Ashirwad Capital'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.

Ashirwad Capital Price-to-Tangible-Book Chart

Ashirwad Capital 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 1.52 1.78 2.22 1.15 1.62

Ashirwad Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.63 - 1.62 - 2.29

Competitive Comparison of Ashirwad Capital's Price-to-Tangible-Book

For the Capital Markets subindustry, Ashirwad Capital'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.


Ashirwad Capital's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ashirwad Capital's Price-to-Tangible-Book distribution charts can be found below:

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



Ashirwad Capital Price-to-Tangible-Book Calculation

Ashirwad Capital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=5.11/2.182
=2.34

* 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.


Ashirwad Capital Price-to-Tangible-Book Related Terms

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


Ashirwad Capital Business Description

Traded in Other Exchanges
N/A
Address
J. R. Boricha Marg, Opposite Kasturba Hospital, 303, Tantia Jogani Industrial Estate, Lower Parel, Mumbai, MH, IND, 400011
Ashirwad Capital Ltd is a non-banking finance company engaged in the business of investments. The company is involved in the trading and investment of shares and securities and focuses on long-term investments in blue-chip scripts, with a view to well-timed entry and exit. The Company is engaged interalia, in the business of Carvings of Precious and semi-precious stones, paintings, and jewelry.

Ashirwad Capital Headlines

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