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Ace Edutrend (BOM:530093) Price-to-Tangible-Book : 0.33 (As of Jun. 20, 2024)


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What is Ace Edutrend Price-to-Tangible-Book?

As of today (2024-06-20), Ace Edutrend's share price is ₹3.20. Ace Edutrend's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹9.56. Hence, Ace Edutrend's Price to Tangible Book Ratio of today is 0.33.

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

BOM:530093' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.13   Med: 0.18   Max: 0.33
Current: 0.33

During the past 13 years, Ace Edutrend's highest Price to Tangible Book Ratio was 0.33. The lowest was 0.13. And the median was 0.18.

BOM:530093's Price-to-Tangible-Book is ranked better than
92.66% of 218 companies
in the Education industry
Industry Median: 1.855 vs BOM:530093: 0.33

A closely related ratio is called PB Ratio. As of today, Ace Edutrend's share price is ₹3.20. Ace Edutrend's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹9.56. Hence, Ace Edutrend's P/B Ratio of today is 0.33.


Ace Edutrend Price-to-Tangible-Book Historical Data

The historical data trend for Ace Edutrend'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.

Ace Edutrend Price-to-Tangible-Book Chart

Ace Edutrend 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 0.15 0.13 0.18 0.25 0.28

Ace Edutrend 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 0.25 - 0.26 - 0.28

Competitive Comparison of Ace Edutrend's Price-to-Tangible-Book

For the Education & Training Services subindustry, Ace Edutrend'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.


Ace Edutrend's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ace Edutrend's Price-to-Tangible-Book distribution charts can be found below:

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



Ace Edutrend Price-to-Tangible-Book Calculation

Ace Edutrend's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3.20/9.56
=0.33

* 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.


Ace Edutrend Price-to-Tangible-Book Related Terms

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


Ace Edutrend (BOM:530093) Business Description

Traded in Other Exchanges
N/A
Address
A-7/6, Jhilmil Industrial Area, Shahdara, New Delhi, IND, 110095
Ace Edutrend Ltd is an India-based company engaged in providing coaching and vocational secondary education. The company is engaged in the Tutoring and Coaching Segment and providing Higher and Vocational Education.

Ace Edutrend (BOM:530093) Headlines

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