GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kanishk Steel Industries Ltd (BOM:513456) » Definitions » Price-to-Tangible-Book

Kanishk Steel Industries (BOM:513456) Price-to-Tangible-Book : (As of May. 21, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Kanishk Steel Industries Price-to-Tangible-Book?

As of today (2024-05-21), Kanishk Steel Industries's share price is ₹32.77. Kanishk Steel Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Kanishk Steel Industries's Price to Tangible Book Ratio of today is .

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

BOM:513456' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.31   Med: 0.52   Max: 1.2
Current: 0.94

During the past 13 years, Kanishk Steel Industries's highest Price to Tangible Book Ratio was 1.20. The lowest was 0.31. And the median was 0.52.

BOM:513456's Price-to-Tangible-Book is ranked better than
55.72% of 603 companies
in the Steel industry
Industry Median: 1.06 vs BOM:513456: 0.94

A closely related ratio is called PB Ratio. As of today, Kanishk Steel Industries's share price is ₹32.77. Kanishk Steel Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Kanishk Steel Industries's P/B Ratio of today is .


Kanishk Steel Industries Price-to-Tangible-Book Historical Data

The historical data trend for Kanishk Steel 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.

Kanishk Steel Industries Price-to-Tangible-Book Chart

Kanishk Steel Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.55 0.44 1.20 0.70

Kanishk Steel Industries 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 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 - 0.70 - 0.89 -

Competitive Comparison of Kanishk Steel Industries's Price-to-Tangible-Book

For the Steel subindustry, Kanishk Steel 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.


Kanishk Steel Industries's Price-to-Tangible-Book Distribution in the Steel Industry

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

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



Kanishk Steel Industries Price-to-Tangible-Book Calculation

Kanishk Steel 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 )
=32.77/0
=

* 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.


Kanishk Steel Industries Price-to-Tangible-Book Related Terms

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


Kanishk Steel Industries (BOM:513456) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. B-27 (M), SIPCOT Industrial Complex, Thiruvallur District, Gummidipoondi, TN, IND, 601 201
Kanishk Steel Industries Ltd is engaged in the business of steel manufacturing. It manufactures steel products both constructional steel and structural steel. Its products include Thermo Mechanically Treated (TMT) Bars and Structural Steels.

Kanishk Steel Industries (BOM:513456) Headlines

No Headlines