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Tejas Networks (BOM:540595) Price-to-Tangible-Book : 8.07 (As of May. 06, 2024)


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What is Tejas Networks Price-to-Tangible-Book?

As of today (2024-05-06), Tejas Networks's share price is ₹1089.70. Tejas Networks's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹135.08. Hence, Tejas Networks's Price to Tangible Book Ratio of today is 8.07.

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

BOM:540595' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.28   Med: 2.69   Max: 8.07
Current: 8.07

During the past 12 years, Tejas Networks's highest Price to Tangible Book Ratio was 8.07. The lowest was 0.28. And the median was 2.69.

BOM:540595's Price-to-Tangible-Book is ranked worse than
93.06% of 2306 companies
in the Hardware industry
Industry Median: 2.055 vs BOM:540595: 8.07

A closely related ratio is called PB Ratio. As of today, Tejas Networks's share price is ₹1089.70. Tejas Networks's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹184.50. Hence, Tejas Networks's P/B Ratio of today is 5.91.


Tejas Networks Price-to-Tangible-Book Historical Data

The historical data trend for Tejas Networks'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.

Tejas Networks Price-to-Tangible-Book Chart

Tejas Networks 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 0.28 1.42 2.69 4.25 4.86

Tejas Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 4.19 4.25 6.61 - 4.86

Competitive Comparison of Tejas Networks's Price-to-Tangible-Book

For the Communication Equipment subindustry, Tejas Networks'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.


Tejas Networks's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tejas Networks's Price-to-Tangible-Book distribution charts can be found below:

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



Tejas Networks Price-to-Tangible-Book Calculation

Tejas Networks's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1089.70/135.075
=8.07

* 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.


Tejas Networks Price-to-Tangible-Book Related Terms

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


Tejas Networks (BOM:540595) Business Description

Traded in Other Exchanges
Address
Hosur Road, Electronic City, Phase 1, J.P. Software Park, Plot No. 25, 5th Floor, Survey No. 13, 14, 17,18, Konnapana Agrahara Village, Begur Hobli, Bengaluru, KA, IND, 560 100
Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. The company's principal geographical areas for its operations are located in India, Americas, and rest of the world. It derives a majority of its revenue from India.

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