Arihant Institute (BOM:541401) Price-to-Tangible-Book : 0.11 (As of Jun. 01, 2024)

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What is Arihant Institute Price-to-Tangible-Book?

As of today (2024-06-01), Arihant Institute's share price is ₹1.56. Arihant Institute's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹14.32. Hence, Arihant Institute's Price to Tangible Book Ratio of today is 0.11.

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

BOM:541401' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.11 Med: 0.19 Max: 1.82
Current: 0.11

During the past 11 years, Arihant Institute's highest Price to Tangible Book Ratio was 1.82. The lowest was 0.11. And the median was 0.19.

BOM:541401's Price-to-Tangible-Book is not ranked
in the Education industry.
Industry Median: 2 vs BOM:541401: 0.11

A closely related ratio is called PB Ratio. As of today, Arihant Institute's share price is ₹1.56. Arihant Institute's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹14.32. Hence, Arihant Institute's P/B Ratio of today is 0.11.

Arihant Institute Price-to-Tangible-Book Historical Data

The historical data trend for Arihant Institute'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.

Arihant Institute Price-to-Tangible-Book Chart

Arihant Institute Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.90

0.40

0.14

0.11

Arihant Institute Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial												-	0.11	0.13	-	0.11

Competitive Comparison of Arihant Institute's Price-to-Tangible-Book

For the Education & Training Services subindustry, Arihant Institute'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.

Arihant Institute's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Arihant Institute's Price-to-Tangible-Book distribution charts can be found below:

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

Arihant Institute Price-to-Tangible-Book Calculation

Arihant Institute's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	1.56	/	14.324
	=	0.11

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.

Arihant Institute Price-to-Tangible-Book Related Terms

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

Arihant Institute (BOM:541401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Institute Ltd (BOM:541401) » Definitions » Price-to-Tangible-Book

Comparable Companies

PBYA BOM:530093 BOM:542592 BOM:543443 TSXV:CHN

Traded in Other Exchanges

N/A

Address

201,202, Ratna High Street, Near Naranpura Crossroad, 2nd Floor, Naranpura, Ahmedabad, GJ, IND, 380 013

Website

http://www.arihantinstitute.com

Arihant Institute Ltd is engaged in providing coaching and educational guidance for students appearing for professional courses such as Company Secretary, Chartered Accountant, and CMA, among others. It provides coaching and guidance from entry-level test exams till the final exam and covers all the subjects in depth with the test series. The company operates the educational program and coaching under the brand name Arihant Institute. It generates its revenue in the form of income from Education, E-learning, E-library, Online study materials, and others.

Arihant Institute (BOM:541401) Headlines

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