Shree Ajit Pulp And Paper (BOM:538795) Price-to-Tangible-Book : 0.91 (As of Jun. 24, 2024)

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What is Shree Ajit Pulp And Paper Price-to-Tangible-Book?

As of today (2024-06-24), Shree Ajit Pulp And Paper's share price is ₹230.40. Shree Ajit Pulp And Paper's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹253.87. Hence, Shree Ajit Pulp And Paper's Price to Tangible Book Ratio of today is 0.91.

The historical rank and industry rank for Shree Ajit Pulp And Paper's Price-to-Tangible-Book or its related term are showing as below:

BOM:538795' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56 Med: 0.76 Max: 1.15
Current: 0.93

During the past 13 years, Shree Ajit Pulp And Paper's highest Price to Tangible Book Ratio was 1.15. The lowest was 0.56. And the median was 0.76.

BOM:538795's Price-to-Tangible-Book is ranked better than
53.26% of 276 companies
in the Forest Products industry
Industry Median: 0.975 vs BOM:538795: 0.93

A closely related ratio is called PB Ratio. As of today, Shree Ajit Pulp And Paper's share price is ₹230.40. Shree Ajit Pulp And Paper's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹254.55. Hence, Shree Ajit Pulp And Paper's P/B Ratio of today is 0.91.

Shree Ajit Pulp And Paper Price-to-Tangible-Book Historical Data

The historical data trend for Shree Ajit Pulp And Paper'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.

Shree Ajit Pulp And Paper Price-to-Tangible-Book Chart

Shree Ajit Pulp And Paper Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.56

0.78

0.97

0.67

0.74

Shree Ajit Pulp And Paper 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															0.67	-	0.73	-	0.74

Competitive Comparison of Shree Ajit Pulp And Paper's Price-to-Tangible-Book

For the Paper & Paper Products subindustry, Shree Ajit Pulp And Paper'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.

Shree Ajit Pulp And Paper's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shree Ajit Pulp And Paper's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shree Ajit Pulp And Paper's Price-to-Tangible-Book falls into.

Shree Ajit Pulp And Paper Price-to-Tangible-Book Calculation

Shree Ajit Pulp And Paper's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	230.40	/	253.871
	=	0.91

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.

Shree Ajit Pulp And Paper Price-to-Tangible-Book Related Terms

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

Shree Ajit Pulp And Paper (BOM:538795) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shree Ajit Pulp And Paper Ltd (BOM:538795) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

890195:India

Address

Survey No 239, Village Salvav, 106,107,108P & 105P, Near Morai Railway Crossing, District Valsad, Vapi, GJ, IND, 396191

Website

https://www.shreeajit.com

Shree Ajit Pulp And Paper Ltd is engaged in the manufacturing of kraft paper. The company operates through a single operating segment which is the manufacturing of kraft paper. The product includes multilayer test liner and test liner paper and is available in two shades which are natural and golden yellow. The kraft papers of the company are mainly used for making corrugated boxes, duplex cartons, and packaging material.

Shree Ajit Pulp And Paper (BOM:538795) Headlines

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