GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mohite Industries Ltd (BOM:532140) » Definitions » Price-to-Tangible-Book

Mohite Industries (BOM:532140) Price-to-Tangible-Book : 0.80 (As of Jun. 05, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Mohite Industries Price-to-Tangible-Book?

As of today (2024-06-05), Mohite Industries's share price is ₹43.98. Mohite Industries's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹55.19. Hence, Mohite Industries's Price to Tangible Book Ratio of today is 0.80.

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

BOM:532140' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.21   Med: 0.41   Max: 0.8
Current: 0.8

During the past 13 years, Mohite Industries's highest Price to Tangible Book Ratio was 0.80. The lowest was 0.21. And the median was 0.41.

BOM:532140's Price-to-Tangible-Book is ranked better than
71.12% of 987 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.28 vs BOM:532140: 0.80

A closely related ratio is called PB Ratio. As of today, Mohite Industries's share price is ₹43.98. Mohite Industries's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹55.19. Hence, Mohite Industries's P/B Ratio of today is 0.80.


Mohite Industries Price-to-Tangible-Book Historical Data

The historical data trend for Mohite Industries'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.

Mohite Industries Price-to-Tangible-Book Chart

Mohite Industries 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 0.21 0.34 0.42 0.32 0.66

Mohite Industries 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 0.32 - 0.46 - 0.66

Competitive Comparison of Mohite Industries's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Mohite Industries'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.


Mohite Industries's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mohite Industries's Price-to-Tangible-Book distribution charts can be found below:

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



Mohite Industries Price-to-Tangible-Book Calculation

Mohite Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=43.98/55.194
=0.80

* 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.


Mohite Industries Price-to-Tangible-Book Related Terms

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


Mohite Industries (BOM:532140) Business Description

Traded in Other Exchanges
N/A
Address
Parvati-Kunj, 250/B, Plot No. 1A, Nagala Park, Near Nagoba Mandir, Kolhapur, MH, IND, 416003
Mohite Industries Ltd is engaged in manufacturing cotton yarn. The company has ventured into the manufacturing of gray knitted fabrics by installing various types of knitting machines. In addition, it is also involved in the business activity of generating hydroelectric power. The group generates a majority of revenue from textile manufacturing activity.

Mohite Industries (BOM:532140) Headlines

No Headlines