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Hira Automobiles (BOM:531743) Price-to-Tangible-Book : 1.30 (As of Jun. 20, 2024)


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What is Hira Automobiles Price-to-Tangible-Book?

As of today (2024-06-20), Hira Automobiles's share price is ₹64.60. Hira Automobiles's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹49.69. Hence, Hira Automobiles's Price to Tangible Book Ratio of today is 1.30.

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

BOM:531743' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.28   Med: 0.33   Max: 1.3
Current: 1.3

During the past 13 years, Hira Automobiles's highest Price to Tangible Book Ratio was 1.30. The lowest was 0.28. And the median was 0.33.

BOM:531743's Price-to-Tangible-Book is ranked better than
58.57% of 1207 companies
in the Vehicles & Parts industry
Industry Median: 1.62 vs BOM:531743: 1.30

A closely related ratio is called PB Ratio. As of today, Hira Automobiles's share price is ₹64.60. Hira Automobiles's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹49.69. Hence, Hira Automobiles's P/B Ratio of today is 1.30.


Hira Automobiles Price-to-Tangible-Book Historical Data

The historical data trend for Hira Automobiles'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.

Hira Automobiles Price-to-Tangible-Book Chart

Hira Automobiles 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 0.29 0.28 0.28 0.36 0.81

Hira Automobiles 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 0.36 - 0.51 - 0.81

Competitive Comparison of Hira Automobiles's Price-to-Tangible-Book

For the Auto & Truck Dealerships subindustry, Hira Automobiles'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.


Hira Automobiles's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hira Automobiles's Price-to-Tangible-Book distribution charts can be found below:

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



Hira Automobiles Price-to-Tangible-Book Calculation

Hira Automobiles's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=64.60/49.686
=1.30

* 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.


Hira Automobiles Price-to-Tangible-Book Related Terms

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


Hira Automobiles (BOM:531743) Business Description

Traded in Other Exchanges
N/A
Address
Rajbaha Raod, Opposite Red Cross, Patiala, PB, IND, 147001
Hira Automobiles Ltd is an Indian-based company that operates as an authorized dealer of Maruti Suzuki India Limited. The company is engaged in the selling of Maruti Suzuki vehicles, provision of car service, and sale of spare parts. In addition, it also offers used cars, spare parts, and accessories as well as insurance, finance, and driving school services.

Hira Automobiles (BOM:531743) Headlines

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