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Asahi India Glass (BOM:515030) Price-to-Tangible-Book : 6.42 (As of May. 24, 2024)


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What is Asahi India Glass Price-to-Tangible-Book?

As of today (2024-05-24), Asahi India Glass's share price is ₹592.80. Asahi India Glass's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹92.35. Hence, Asahi India Glass's Price to Tangible Book Ratio of today is 6.42.

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

BOM:515030' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.92   Med: 5.6   Max: 12.68
Current: 6.42

During the past 13 years, Asahi India Glass's highest Price to Tangible Book Ratio was 12.68. The lowest was 2.92. And the median was 5.60.

BOM:515030's Price-to-Tangible-Book is ranked worse than
90.39% of 1197 companies
in the Vehicles & Parts industry
Industry Median: 1.65 vs BOM:515030: 6.42

A closely related ratio is called PB Ratio. As of today, Asahi India Glass's share price is ₹592.80. Asahi India Glass's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹96.81. Hence, Asahi India Glass's P/B Ratio of today is 6.12.


Asahi India Glass Price-to-Tangible-Book Historical Data

The historical data trend for Asahi India Glass'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.

Asahi India Glass Price-to-Tangible-Book Chart

Asahi India Glass 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 2.92 5.24 5.95 5.48 5.79

Asahi India Glass Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 5.48 7.10 - 5.79

Competitive Comparison of Asahi India Glass's Price-to-Tangible-Book

For the Auto Parts subindustry, Asahi India Glass'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.


Asahi India Glass's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi India Glass's Price-to-Tangible-Book distribution charts can be found below:

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



Asahi India Glass Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=592.80/92.352
=6.42

* 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.


Asahi India Glass Price-to-Tangible-Book Related Terms

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


Asahi India Glass (BOM:515030) Business Description

Traded in Other Exchanges
Address
Mehrauli-Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-cancelling windows, energy-saving windows, and safety glasses. Asahi India Glass' largest business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.

Asahi India Glass (BOM:515030) Headlines

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