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Star Cement (BOM:540575) Price-to-Tangible-Book : 3.23 (As of Jun. 21, 2024)


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What is Star Cement Price-to-Tangible-Book?

As of today (2024-06-21), Star Cement's share price is ₹216.50. Star Cement's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹66.93. Hence, Star Cement's Price to Tangible Book Ratio of today is 3.23.

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

BOM:540575' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.52   Med: 1.93   Max: 3.38
Current: 3.23

During the past 9 years, Star Cement's highest Price to Tangible Book Ratio was 3.38. The lowest was 1.52. And the median was 1.93.

BOM:540575's Price-to-Tangible-Book is ranked worse than
81.75% of 378 companies
in the Building Materials industry
Industry Median: 1.38 vs BOM:540575: 3.23

A closely related ratio is called PB Ratio. As of today, Star Cement's share price is ₹216.50. Star Cement's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹67.05. Hence, Star Cement's P/B Ratio of today is 3.23.


Star Cement Price-to-Tangible-Book Historical Data

The historical data trend for Star Cement'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.

Star Cement Price-to-Tangible-Book Chart

Star Cement Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 1.52 1.93 1.67 1.87 3.38

Star Cement 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 1.87 - 2.43 - 3.38

Competitive Comparison of Star Cement's Price-to-Tangible-Book

For the Building Materials subindustry, Star Cement'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.


Star Cement's Price-to-Tangible-Book Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Star Cement's Price-to-Tangible-Book distribution charts can be found below:

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



Star Cement Price-to-Tangible-Book Calculation

Star Cement's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=216.50/66.928
=3.23

* 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.


Star Cement Price-to-Tangible-Book Related Terms

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


Star Cement (BOM:540575) Business Description

Traded in Other Exchanges
Address
P-15/1, Taratala Main Road, Century House, 2nd Floor, CPT Colony, Kolkata, WB, IND, 700 088
Star Cement Ltd is a cement company in India. It offers Cement and Cement linker products. The group markets clinker to different grinding units in North East India and parts of Eastern India. It also exports clinker to neighbouring countries like Nepal and Bhutan. The company's product range comprises Ordinary portland cement, Portland pozzolana cement, and Portland slag cement. The company sells its products in India, Nepal and Bhutan, of which prime revenue is generated from the sales made in India.

Star Cement (BOM:540575) Headlines

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