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Garg Furnace (BOM:530615) Price-to-Tangible-Book : 2.51 (As of Dec. 14, 2024)


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What is Garg Furnace Price-to-Tangible-Book?

As of today (2024-12-14), Garg Furnace's share price is ₹290.75. Garg Furnace's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ₹115.94. Hence, Garg Furnace's Price to Tangible Book Ratio of today is 2.51.

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

BOM:530615' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.1   Med: 0.98   Max: 4.96
Current: 2.51

During the past 13 years, Garg Furnace's highest Price to Tangible Book Ratio was 4.96. The lowest was 0.10. And the median was 0.98.

BOM:530615's Price-to-Tangible-Book is ranked worse than
80.69% of 611 companies
in the Steel industry
Industry Median: 1 vs BOM:530615: 2.51

A closely related ratio is called PB Ratio. As of today, Garg Furnace's share price is ₹290.75. Garg Furnace's Book Value per Sharefor the quarter that ended in Sep. 2024 was ₹115.95. Hence, Garg Furnace's P/B Ratio of today is 2.51.


Garg Furnace Price-to-Tangible-Book Historical Data

The historical data trend for Garg Furnace'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.

Garg Furnace Price-to-Tangible-Book Chart

Garg Furnace 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 0.40 1.17 1.02 0.79 3.20

Garg Furnace Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.01 - 3.20 - 3.02

Competitive Comparison of Garg Furnace's Price-to-Tangible-Book

For the Steel subindustry, Garg Furnace'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.


Garg Furnace's Price-to-Tangible-Book Distribution in the Steel Industry

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

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



Garg Furnace Price-to-Tangible-Book Calculation

Garg Furnace's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=290.75/115.937
=2.51

* 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.


Garg Furnace Price-to-Tangible-Book Related Terms

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


Garg Furnace Business Description

Traded in Other Exchanges
N/A
Address
Kanganwal Road, G.T. Road, V.P.O. Jugiana, Ludhiana, PB, IND, 141120
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.

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