Lytus Technologies Holdings Pvt (Lytus Technologies Holdings Pvt) Price-to-Tangible-Book : 0.26 (As of May. 27, 2024)

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What is Lytus Technologies Holdings Pvt Price-to-Tangible-Book?

As of today (2024-05-27), Lytus Technologies Holdings Pvt's share price is $2.718. Lytus Technologies Holdings Pvt's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $10.60. Hence, Lytus Technologies Holdings Pvt's Price to Tangible Book Ratio of today is 0.26.

The historical rank and industry rank for Lytus Technologies Holdings Pvt's Price-to-Tangible-Book or its related term are showing as below:

LYT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 2.2 Max: 3.29
Current: 0.26

During the past 5 years, Lytus Technologies Holdings Pvt's highest Price to Tangible Book Ratio was 3.29. The lowest was 0.26. And the median was 2.20.

LYT's Price-to-Tangible-Book is ranked better than
98.61% of 2088 companies
in the Software industry
Industry Median: 3.54 vs LYT: 0.26

A closely related ratio is called PB Ratio. As of today, Lytus Technologies Holdings Pvt's share price is $2.718. Lytus Technologies Holdings Pvt's Book Value per Sharefor the quarter that ended in Sep. 2023 was $12.14. Hence, Lytus Technologies Holdings Pvt's P/B Ratio of today is 0.22.

Lytus Technologies Holdings Pvt Price-to-Tangible-Book Historical Data

The historical data trend for Lytus Technologies Holdings Pvt'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.

Lytus Technologies Holdings Pvt Price-to-Tangible-Book Chart

Lytus Technologies Holdings Pvt Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

3.29

Lytus Technologies Holdings Pvt Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial						-	-	-	3.29	1.10

Competitive Comparison of Lytus Technologies Holdings Pvt's Price-to-Tangible-Book

For the Software - Application subindustry, Lytus Technologies Holdings Pvt'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.

Lytus Technologies Holdings Pvt's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Lytus Technologies Holdings Pvt's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lytus Technologies Holdings Pvt's Price-to-Tangible-Book falls into.

Lytus Technologies Holdings Pvt Price-to-Tangible-Book Calculation

Lytus Technologies Holdings Pvt's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	2.718	/	10.601
	=	0.26

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.

Lytus Technologies Holdings Pvt Price-to-Tangible-Book Related Terms

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Lytus Technologies Holdings Pvt (Lytus Technologies Holdings Pvt) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lytus Technologies Holdings Pvt Ltd (NAS:LYT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Meydan Hotel, Nad Al Sheba, Business Center 1, M Floor, Dubai, ARE

Website

https://www.lytuscorp.com

Lytus Technologies Holdings Pvt Ltd is a platform services company primarily providing content streaming/telecasting services to users located all across India. Its scope of business also covers telemedicine services with local assistance through local Health Centers. Through its platform, the customers are well connected via customer premises equipment (CPE) devices/set-top boxes (STBs) and have access to multi-dimensional services including telemedicine service.