Sukhjit Starch & Chemicals (BOM:524542) Price-to-Tangible-Book : 1.40 (As of Jun. 17, 2024)

View and export this data going back to 2001. Start your Free Trial

What is Sukhjit Starch & Chemicals Price-to-Tangible-Book?

As of today (2024-06-17), Sukhjit Starch & Chemicals's share price is ₹451.55. Sukhjit Starch & Chemicals's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹321.75. Hence, Sukhjit Starch & Chemicals's Price to Tangible Book Ratio of today is 1.40.

The historical rank and industry rank for Sukhjit Starch & Chemicals's Price-to-Tangible-Book or its related term are showing as below:

BOM:524542' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.63 Med: 1.11 Max: 2
Current: 1.4

During the past 13 years, Sukhjit Starch & Chemicals's highest Price to Tangible Book Ratio was 2.00. The lowest was 0.63. And the median was 1.11.

BOM:524542's Price-to-Tangible-Book is ranked better than
61.01% of 1485 companies
in the Chemicals industry
Industry Median: 1.75 vs BOM:524542: 1.40

A closely related ratio is called PB Ratio. As of today, Sukhjit Starch & Chemicals's share price is ₹451.55. Sukhjit Starch & Chemicals's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹321.75. Hence, Sukhjit Starch & Chemicals's P/B Ratio of today is 1.40.

Sukhjit Starch & Chemicals Price-to-Tangible-Book Historical Data

The historical data trend for Sukhjit Starch & Chemicals'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.

Sukhjit Starch & Chemicals Price-to-Tangible-Book Chart

Sukhjit Starch & Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.63

0.89

2.00

1.26

1.43

Sukhjit Starch & Chemicals 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															1.26	-	1.38	-	1.43

Competitive Comparison of Sukhjit Starch & Chemicals's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Sukhjit Starch & Chemicals'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.

Sukhjit Starch & Chemicals's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sukhjit Starch & Chemicals's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sukhjit Starch & Chemicals's Price-to-Tangible-Book falls into.

Sukhjit Starch & Chemicals Price-to-Tangible-Book Calculation

Sukhjit Starch & Chemicals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	451.55	/	321.745
	=	1.40

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.

Sukhjit Starch & Chemicals Price-to-Tangible-Book Related Terms

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

Sukhjit Starch & Chemicals (BOM:524542) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sukhjit Starch & Chemicals Ltd (BOM:524542) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SUKHJITS:India

Address

Sarai Road, Kapurthala District, Phagwara, PB, IND, 144401

Website

https://www.sukhjitgroup.com

Sukhjit Starch & Chemicals Ltd is an India-based manufacturer of starch and its derivatives. The company's operation is divided into four segments namely Starch and its derivatives, Readymade garments, Leasing and hire purchase financing, and Manufacturing of heavy machinery. It derives key revenue from Starch and its derivatives business division. The company produces maize starch, liquid glucose, high maltose syrup, Monohydrate dextrose, Malto Dextrin, Oxidized Starch, Cationic Starch, Thin Boiling Starch, Pre- Gelatinised Starch, Yellow Dextrin, White Dextrin, Maize Gluten, Maize Germ, Maize Oil, Maize Germ cake, Corn steep liquor, and Maize coarse bran.

Sukhjit Starch & Chemicals (BOM:524542) Headlines

No Headlines