Dev Labtech Venture (BOM:543848) Price-to-Tangible-Book : 3.12 (As of Jun. 16, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Dev Labtech Venture Price-to-Tangible-Book?

As of today (2024-06-16), Dev Labtech Venture's share price is ₹97.30. Dev Labtech Venture's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹31.17. Hence, Dev Labtech Venture's Price to Tangible Book Ratio of today is 3.12.

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

BOM:543848' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.23 Med: 2.72 Max: 3.21
Current: 3.12

During the past 5 years, Dev Labtech Venture's highest Price to Tangible Book Ratio was 3.21. The lowest was 2.23. And the median was 2.72.

BOM:543848's Price-to-Tangible-Book is ranked worse than
69.54% of 975 companies
in the Retail - Cyclical industry
Industry Median: 1.74 vs BOM:543848: 3.12

A closely related ratio is called PB Ratio. As of today, Dev Labtech Venture's share price is ₹97.30. Dev Labtech Venture's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹31.17. Hence, Dev Labtech Venture's P/B Ratio of today is 3.12.

Dev Labtech Venture Price-to-Tangible-Book Historical Data

The historical data trend for Dev Labtech Venture'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.

Dev Labtech Venture Price-to-Tangible-Book Chart

Dev Labtech Venture Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

2.23

3.21

Dev Labtech Venture Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	2.23	2.42	3.21

Competitive Comparison of Dev Labtech Venture's Price-to-Tangible-Book

For the Luxury Goods subindustry, Dev Labtech Venture'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.

Dev Labtech Venture's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dev Labtech Venture's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dev Labtech Venture's Price-to-Tangible-Book falls into.

Dev Labtech Venture Price-to-Tangible-Book Calculation

Dev Labtech Venture's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	97.30	/	31.165
	=	3.12

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.

Dev Labtech Venture Price-to-Tangible-Book Related Terms

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

Dev Labtech Venture (BOM:543848) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dev Labtech Venture Ltd (BOM:543848) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

Dairy Road, Near Nilambaug Circle, GF/22-23, Pattani Plaza, Bhavnagar, GJ, IND, 364002

Website

https://www.devlabtechventure.com

Dev Labtech Venture Ltd is engaged in the business of manufacturing, marketing and sourcing of diamonds: Natural and Lab grown having wide application in Jewelry. It operates in both domestic and export markets. It exports its products to United States and Hong Kong.

Dev Labtech Venture (BOM:543848) Headlines

No Headlines