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Aarti Drugs (BOM:524348) Price-to-Tangible-Book : 3.55 (As of May. 15, 2024)


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What is Aarti Drugs Price-to-Tangible-Book?

As of today (2024-05-15), Aarti Drugs's share price is ₹480.20. Aarti Drugs's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹135.39. Hence, Aarti Drugs's Price to Tangible Book Ratio of today is 3.55.

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

BOM:524348' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.81   Med: 3.23   Max: 7.09
Current: 3.55

During the past 13 years, Aarti Drugs's highest Price to Tangible Book Ratio was 7.09. The lowest was 1.81. And the median was 3.23.

BOM:524348's Price-to-Tangible-Book is ranked worse than
66.21% of 867 companies
in the Drug Manufacturers industry
Industry Median: 2.41 vs BOM:524348: 3.55

A closely related ratio is called PB Ratio. As of today, Aarti Drugs's share price is ₹480.20. Aarti Drugs's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹139.40. Hence, Aarti Drugs's P/B Ratio of today is 3.44.


Aarti Drugs Price-to-Tangible-Book Historical Data

The historical data trend for Aarti Drugs'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.

Aarti Drugs Price-to-Tangible-Book Chart

Aarti Drugs 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 1.81 7.09 3.83 2.62 3.20

Aarti Drugs 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 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 2.62 - 4.14 - 3.20

Competitive Comparison of Aarti Drugs's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Aarti Drugs'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.


Aarti Drugs's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

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



Aarti Drugs Price-to-Tangible-Book Calculation

Aarti Drugs's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=480.20/135.392
=3.55

* 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.


Aarti Drugs Price-to-Tangible-Book Related Terms

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


Aarti Drugs (BOM:524348) Business Description

Traded in Other Exchanges
Address
Road No. 29, Plot Number 109-D, Mahendra Industrial Estate, Ground Floor, Sion (East), Mumbai, MH, IND, 400 022
Aarti Drugs Ltd is a pharmaceutical company. It offers active pharmaceutical ingredients (APIs) in a range of therapeutic categories, such as anti-inflammatory, cardioprotectant, antibiotic, antidiabetic, and vitamins among others. The product offerings of the company comprise Aceclofenac, Celecoxib, Moxifloxacin, and others. The firm generates the majority of its revenue from India.

Aarti Drugs (BOM:524348) Headlines

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