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New Light Apparels (BOM:540243) Price-to-Tangible-Book : 3.90 (As of Sep. 22, 2024)


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What is New Light Apparels Price-to-Tangible-Book?

As of today (2024-09-22), New Light Apparels's share price is ₹60.26. New Light Apparels's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was ₹15.45. Hence, New Light Apparels's Price to Tangible Book Ratio of today is 3.90.

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

BOM:540243' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26   Med: 1.97   Max: 3.9
Current: 3.9

During the past 12 years, New Light Apparels's highest Price to Tangible Book Ratio was 3.90. The lowest was 1.26. And the median was 1.97.

BOM:540243's Price-to-Tangible-Book is ranked worse than
84.48% of 986 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.29 vs BOM:540243: 3.90

A closely related ratio is called PB Ratio. As of today, New Light Apparels's share price is ₹60.26. New Light Apparels's Book Value per Sharefor the quarter that ended in Jun. 2024 was ₹15.45. Hence, New Light Apparels's P/B Ratio of today is 3.90.


New Light Apparels Price-to-Tangible-Book Historical Data

The historical data trend for New Light Apparels'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.

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New Light Apparels Price-to-Tangible-Book Chart

New Light Apparels 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 1.84 1.53 1.79 2.52 1.26

New Light Apparels Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.61 2.30 1.99 1.26 1.29

Competitive Comparison of New Light Apparels's Price-to-Tangible-Book

For the Apparel Manufacturing subindustry, New Light Apparels'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.


New Light Apparels's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where New Light Apparels's Price-to-Tangible-Book falls into.



New Light Apparels Price-to-Tangible-Book Calculation

New Light Apparels's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=60.26/15.445
=3.90

* 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.


New Light Apparels Price-to-Tangible-Book Related Terms

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


New Light Apparels Business Description

Traded in Other Exchanges
N/A
Address
Shivaji Enclave, Raja Garden, GC 29, Basement, New Delhi, Delhi, IND, 110027
New Light Apparels Ltd deals in school uniforms, Center and State government education programs and their sponsorship programs, The Company also deals in Corporate and private dress materials and other textile materials. The majority of revenue is generated from the sale of trading goods.

New Light Apparels Headlines

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