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UTI Asset Management Co (BOM:543238) Price-to-Tangible-Book : 2.69 (As of May. 26, 2024)


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What is UTI Asset Management Co Price-to-Tangible-Book?

As of today (2024-05-26), UTI Asset Management Co's share price is ₹926.70. UTI Asset Management Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹344.22. Hence, UTI Asset Management Co's Price to Tangible Book Ratio of today is 2.69.

The historical rank and industry rank for UTI Asset Management Co's Price-to-Tangible-Book or its related term are showing as below:

BOM:543238' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.11   Med: 2.33   Max: 3.49
Current: 2.69

During the past 7 years, UTI Asset Management Co's highest Price to Tangible Book Ratio was 3.49. The lowest was 2.11. And the median was 2.33.

BOM:543238's Price-to-Tangible-Book is ranked worse than
88.79% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs BOM:543238: 2.69

A closely related ratio is called PB Ratio. As of today, UTI Asset Management Co's share price is ₹926.70. UTI Asset Management Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹344.83. Hence, UTI Asset Management Co's P/B Ratio of today is 2.69.


UTI Asset Management Co Price-to-Tangible-Book Historical Data

The historical data trend for UTI Asset Management Co'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.

UTI Asset Management Co Price-to-Tangible-Book Chart

UTI Asset Management Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial - 2.28 3.49 2.11 2.37

UTI Asset Management Co 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 2.11 - 2.51 - 2.37

Competitive Comparison of UTI Asset Management Co's Price-to-Tangible-Book

For the Asset Management subindustry, UTI Asset Management Co'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.


UTI Asset Management Co's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, UTI Asset Management Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where UTI Asset Management Co's Price-to-Tangible-Book falls into.



UTI Asset Management Co Price-to-Tangible-Book Calculation

UTI Asset Management Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=926.70/344.223
=2.69

* 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.


UTI Asset Management Co Price-to-Tangible-Book Related Terms

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


UTI Asset Management Co (BOM:543238) Business Description

Traded in Other Exchanges
Address
G Block, Bandra Kurla Complex, UTI Tower, Bandra (East), Mumbai, MH, IND, 400051
UTI Asset Management Co Ltd is an asset management company in India. The company caters to a diverse group of individual and institutional investors through a wide variety of funds and services. It manages domestic mutual funds, provides portfolio management services, and manages retirement funds, offshore funds, and alternative investment funds. The objective of the group is to maximize the shareholder value as well as to maintain investor, creditor, and market confidence and sustain the future development of the group.

UTI Asset Management Co (BOM:543238) Headlines

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