Accord Synergy (NSE:ACCORD) Price-to-Tangible-Book : 0.64 (As of May. 25, 2024)

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What is Accord Synergy Price-to-Tangible-Book?

As of today (2024-05-25), Accord Synergy's share price is ₹26.05. Accord Synergy's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹40.54. Hence, Accord Synergy's Price to Tangible Book Ratio of today is 0.64.

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

NSE:ACCORD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 0.53 Max: 0.68
Current: 0.64

During the past 9 years, Accord Synergy's highest Price to Tangible Book Ratio was 0.68. The lowest was 0.27. And the median was 0.53.

NSE:ACCORD's Price-to-Tangible-Book is ranked better than
88.97% of 281 companies
in the Telecommunication Services industry
Industry Median: 2.41 vs NSE:ACCORD: 0.64

A closely related ratio is called PB Ratio. As of today, Accord Synergy's share price is ₹26.05. Accord Synergy's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹41.54. Hence, Accord Synergy's P/B Ratio of today is 0.63.

Accord Synergy Price-to-Tangible-Book Historical Data

The historical data trend for Accord Synergy'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.

Accord Synergy Price-to-Tangible-Book Chart

Accord Synergy Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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0.55

0.27

0.33

0.62

0.53

Accord Synergy Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Price-to-Tangible-Book	Get a 7-Day Free Trial										0.33	0.43	0.62	0.72	0.53

Competitive Comparison of Accord Synergy's Price-to-Tangible-Book

For the Telecom Services subindustry, Accord Synergy'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.

Accord Synergy's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Accord Synergy's Price-to-Tangible-Book distribution charts can be found below:

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

Accord Synergy Price-to-Tangible-Book Calculation

Accord Synergy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	26.05	/	40.538
	=	0.64

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.

Accord Synergy Price-to-Tangible-Book Related Terms

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

Accord Synergy (NSE:ACCORD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Accord Synergy Ltd (NSE:ACCORD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

302, Shine Plaza, Near Natubhai Circle, Race Course, Vadodara, GJ, IND, 390007

Website

https://www.accordsynergy.com

Accord Synergy Ltd is engaged in support services to the telecom industries. The company has two reportable segments which are Telecom services and Civil contracts of which Telecom services segment generates majority of its revenue for the company. The company offers network planning and optimization, network rollout, managed services, and manpower outsourcing through a sub-contracting basis. It also provides all services related to planning, installation and commissioning, operation, modification and maintenance of telecom networks to the customers. Geographically, it operates only in India.

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