Asit C Mehta Financial Services (BOM:530723) Price-to-Tangible-Book : (As of May. 16, 2024)

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What is Asit C Mehta Financial Services Price-to-Tangible-Book?

As of today (2024-05-16), Asit C Mehta Financial Services's share price is ₹172.95. Asit C Mehta Financial Services's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Asit C Mehta Financial Services's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Asit C Mehta Financial Services's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Asit C Mehta Financial Services's highest Price to Tangible Book Ratio was 11.07. The lowest was 0.26. And the median was 1.00.

BOM:530723's Price-to-Tangible-Book is not ranked ^*
in the Capital Markets industry.
Industry Median: 1.325
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Asit C Mehta Financial Services's share price is ₹172.95. Asit C Mehta Financial Services's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Asit C Mehta Financial Services's P/B Ratio of today is .

Asit C Mehta Financial Services Price-to-Tangible-Book Historical Data

The historical data trend for Asit C Mehta Financial Services'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.

Asit C Mehta Financial Services Price-to-Tangible-Book Chart

Asit C Mehta Financial Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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0.65

1.44

1.74

11.07

Asit C Mehta Financial Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Asit C Mehta Financial Services's Price-to-Tangible-Book

For the Capital Markets subindustry, Asit C Mehta Financial Services'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.

Asit C Mehta Financial Services's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Asit C Mehta Financial Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Asit C Mehta Financial Services's Price-to-Tangible-Book falls into.

Asit C Mehta Financial Services Price-to-Tangible-Book Calculation

Asit C Mehta Financial Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	172.95	/	0
	=

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.

Asit C Mehta Financial Services Price-to-Tangible-Book Related Terms

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

Asit C Mehta Financial Services (BOM:530723) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Asit C Mehta Financial Services Ltd (BOM:530723) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saki Vihar Road, Pantomath Nucleus House, Andheri (East), Mumbai, MH, IND, 400072

Website

https://www.acmfsl.com

Asit C Mehta Financial Services Ltd is engaged in the business of Renting immovable properties, The Company also invests in Start-ups and other Businesses. It operates in various 'Business segments' which are Investment Activities, Advisory & Consultancy Services, Information Technology Enabled Services (IT), and Stock Broking & Allied Services. The company generates maximum revenue from the Stock Broking and Allied Services segment. Geographically, it operates in the domestic market.

Asit C Mehta Financial Services (BOM:530723) Headlines

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