Droneacharya Aerial Innovations (BOM:543713) Price-to-Tangible-Book : 5.48 (As of Jun. 24, 2024)

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What is Droneacharya Aerial Innovations Price-to-Tangible-Book?

As of today (2024-06-24), Droneacharya Aerial Innovations's share price is ₹149.00. Droneacharya Aerial Innovations's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹27.20. Hence, Droneacharya Aerial Innovations's Price to Tangible Book Ratio of today is 5.48.

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

BOM:543713' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.75 Med: 4.79 Max: 5.48
Current: 5.48

During the past 5 years, Droneacharya Aerial Innovations's highest Price to Tangible Book Ratio was 5.48. The lowest was 4.75. And the median was 4.79.

BOM:543713's Price-to-Tangible-Book is ranked worse than
86.84% of 2303 companies
in the Hardware industry
Industry Median: 2.07 vs BOM:543713: 5.48

A closely related ratio is called PB Ratio. As of today, Droneacharya Aerial Innovations's share price is ₹149.00. Droneacharya Aerial Innovations's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹30.17. Hence, Droneacharya Aerial Innovations's P/B Ratio of today is 4.94.

Droneacharya Aerial Innovations Price-to-Tangible-Book Historical Data

The historical data trend for Droneacharya Aerial Innovations'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.

Droneacharya Aerial Innovations Price-to-Tangible-Book Chart

Droneacharya Aerial Innovations Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

4.83

4.75

Droneacharya Aerial Innovations Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	4.83	6.64	4.75

Competitive Comparison of Droneacharya Aerial Innovations's Price-to-Tangible-Book

For the Computer Hardware subindustry, Droneacharya Aerial Innovations'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.

Droneacharya Aerial Innovations's Price-to-Tangible-Book Distribution in the Hardware Industry

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

* The bar in red indicates where Droneacharya Aerial Innovations's Price-to-Tangible-Book falls into.

Droneacharya Aerial Innovations Price-to-Tangible-Book Calculation

Droneacharya Aerial Innovations's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	149.00	/	27.199
	=	5.48

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.

Droneacharya Aerial Innovations Price-to-Tangible-Book Related Terms

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Droneacharya Aerial Innovations (BOM:543713) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Droneacharya Aerial Innovations Ltd (BOM:543713) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

New No. 51, (Old No.14) Richmond Road, Cabin No. - 10, 5th Floor, IndiQube Penta, Bangalore, KA, IND, 560025

Website

https://www.droneacharya.com

Droneacharya Aerial Innovations Ltd provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, The main operations of the company are Imparting the Drone operation Training, Drone supply and Maintenance services , Management Consultancy and training services. Drone pilot training & specialized GIS training. The company's offerings can be classified into four broad categories namely, Training, Services, Surveillance and others.

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