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Aashka Hospitals (BOM:543346) Price-to-Tangible-Book : 2.47 (As of Jun. 22, 2024)


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What is Aashka Hospitals Price-to-Tangible-Book?

As of today (2024-06-22), Aashka Hospitals's share price is ₹101.57. Aashka Hospitals's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹41.14. Hence, Aashka Hospitals's Price to Tangible Book Ratio of today is 2.47.

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

BOM:543346' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.21   Med: 1.55   Max: 2.47
Current: 2.47

During the past 6 years, Aashka Hospitals's highest Price to Tangible Book Ratio was 2.47. The lowest was 1.21. And the median was 1.55.

BOM:543346's Price-to-Tangible-Book is ranked better than
57.98% of 476 companies
in the Healthcare Providers & Services industry
Industry Median: 2.965 vs BOM:543346: 2.47

A closely related ratio is called PB Ratio. As of today, Aashka Hospitals's share price is ₹101.57. Aashka Hospitals's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹41.14. Hence, Aashka Hospitals's P/B Ratio of today is 2.47.


Aashka Hospitals Price-to-Tangible-Book Historical Data

The historical data trend for Aashka Hospitals'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.

Aashka Hospitals Price-to-Tangible-Book Chart

Aashka Hospitals Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 1.21 - 1.88

Aashka Hospitals Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only 1.21 0.95 - 1.53 1.88

Competitive Comparison of Aashka Hospitals's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, Aashka Hospitals'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.


Aashka Hospitals's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aashka Hospitals's Price-to-Tangible-Book distribution charts can be found below:

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



Aashka Hospitals Price-to-Tangible-Book Calculation

Aashka Hospitals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=101.57/41.143
=2.47

* 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.


Aashka Hospitals Price-to-Tangible-Book Related Terms

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


Aashka Hospitals (BOM:543346) Business Description

Traded in Other Exchanges
N/A
Address
Between Sargasan & Reliance Cross Road, Sargasan, Gandhinagar, GJ, IND, 382421
Aashka Hospital Ltd is an integrated healthcare service provider that offers the quality of healthcare facilities including prevention, treatment, and rehabilitation. It serves a range of healthcare services such as Cardiology, neurology, neurosurgery, nephrology, anesthesiology, orthopedics, pediatric services, neonatology services, dermatology, radiology, dentistry, obstetrics, and gynecology, and more. The group also includes the operation of Multi-Disciplinary Private Hospital, Clinics, and Pharmacies.

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