Treet Battery (KAR:TBL) Price-to-Tangible-Book : 19.39 (As of Jun. 10, 2024)

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What is Treet Battery Price-to-Tangible-Book?

As of today (2024-06-10), Treet Battery's share price is ₨21.52. Treet Battery's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₨1.11. Hence, Treet Battery's Price to Tangible Book Ratio of today is 19.39.

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

KAR:TBL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 19.39 Med: 35.01 Max: 35.01
Current: 19.39

During the past 0 years, Treet Battery's highest Price to Tangible Book Ratio was 35.01. The lowest was 19.39. And the median was 35.01.

KAR:TBL's Price-to-Tangible-Book is ranked worse than
97.37% of 2816 companies
in the Industrial Products industry
Industry Median: 2.02 vs KAR:TBL: 19.39

A closely related ratio is called PB Ratio. As of today, Treet Battery's share price is ₨21.52. Treet Battery's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₨1.11. Hence, Treet Battery's P/B Ratio of today is 19.39.

Treet Battery Price-to-Tangible-Book Historical Data

The historical data trend for Treet Battery'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.

Treet Battery Price-to-Tangible-Book Chart

Treet Battery Annual Data

Trend

Price-to-Tangible-Book

Treet Battery Quarterly Data
	Mar23	Mar24
Price-to-Tangible-Book	-	35.01

Competitive Comparison of Treet Battery's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Treet Battery'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.

Treet Battery's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Treet Battery's Price-to-Tangible-Book distribution charts can be found below:

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

Treet Battery Price-to-Tangible-Book Calculation

Treet Battery's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	21.52	/	1.11
	=	19.39

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.

Treet Battery Price-to-Tangible-Book Related Terms

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

Treet Battery (KAR:TBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Treet Battery Ltd (KAR:TBL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.treetcorp.com

Treet Battery Ltd is a company which carries out business as manufacturers, assemblers, processors, producers, suppliers, sellers, importers, exporters, makers, fabricators and dealers in all batteries including but not limited to lead acid batteries, deep cycle batteries, lithium batteries, nickel cadmimum batteries, nickel metal hydride batteries, absorbed glass mat batteries, Gel batteries used in or required for industrial, transport, commercial and domestic and any other purpose.

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