Shipping of India Land and Assets (BOM:544142) Price-to-Tangible-Book : 0.86 (As of Jan. 18, 2025)

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What is Shipping of India Land and Assets Price-to-Tangible-Book?

As of today (2025-01-18), Shipping of India Land and Assets's share price is ₹59.26. Shipping of India Land and Assets's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ₹69.04. Hence, Shipping of India Land and Assets's Price to Tangible Book Ratio of today is 0.86.

The historical rank and industry rank for Shipping of India Land and Assets's Price-to-Tangible-Book or its related term are showing as below:

BOM:544142' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 0.8 Max: 1.02
Current: 0.86

During the past 3 years, Shipping of India Land and Assets's highest Price to Tangible Book Ratio was 1.02. The lowest was 0.58. And the median was 0.80.

BOM:544142's Price-to-Tangible-Book is ranked worse than
51.32% of 1699 companies
in the Real Estate industry
Industry Median: 0.83 vs BOM:544142: 0.86

A closely related ratio is called PB Ratio. As of today, Shipping of India Land and Assets's share price is ₹59.26. Shipping of India Land and Assets's Book Value per Sharefor the quarter that ended in Sep. 2024 was ₹69.04. Hence, Shipping of India Land and Assets's P/B Ratio of today is 0.86.

Shipping of India Land and Assets Price-to-Tangible-Book Historical Data

The historical data trend for Shipping of India Land and Assets'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.

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Shipping of India Land and Assets Price-to-Tangible-Book Chart

Shipping of India Land and Assets Annual Data

Trend

Mar22

Mar23

Mar24

Price-to-Tangible-Book

0.58

Shipping of India Land and Assets Quarterly Data
	Mar22	Jun22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	0.58	-	1.02

Competitive Comparison of Shipping of India Land and Assets's Price-to-Tangible-Book

For the Real Estate Services subindustry, Shipping of India Land and Assets'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.

Shipping of India Land and Assets's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shipping of India Land and Assets's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shipping of India Land and Assets's Price-to-Tangible-Book falls into.

Shipping of India Land and Assets Price-to-Tangible-Book Calculation

Shipping of India Land and Assets's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2024 )
	=	59.26	/	69.037
	=	0.86

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.

Shipping of India Land and Assets Price-to-Tangible-Book Related Terms

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Shipping of India Land and Assets Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shipping Corp of India Land and Assets Ltd (BOM:544142) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SCILAL:India

Address

Madame Cama Road, 245, Shipping House, Mumbai, MH, IND, 400021

Website

https://www.scilal.com

Shipping Corp of India Land and Assets Ltd is a wholly owned subsidiary of The Shipping Corporation of India (sci) and is formed to hold and dispose of the Non-Core Assets of SCI distinct from the disinvestment transaction. The operating segments of the company are; MTI and Others. The MTI segment includes the Maritime Training Institute. The Others segment which generates maximum revenue, includes Investment property which involves renting the real estate properties to the Shipping Corporation of India (SCI) and surplus funds received pursuant to demerger. Geographically, the company's operations are confined in India.

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