Allied Digital Services (NSE:ADSL) Price-to-Tangible-Book : 1.90 (As of Jun. 24, 2024)

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What is Allied Digital Services Price-to-Tangible-Book?

As of today (2024-06-24), Allied Digital Services's share price is ₹155.17. Allied Digital Services's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹81.72. Hence, Allied Digital Services's Price to Tangible Book Ratio of today is 1.90.

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

NSE:ADSL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17 Med: 0.59 Max: 1.9
Current: 1.9

During the past 13 years, Allied Digital Services's highest Price to Tangible Book Ratio was 1.90. The lowest was 0.17. And the median was 0.59.

NSE:ADSL's Price-to-Tangible-Book is ranked better than
73.61% of 2088 companies
in the Software industry
Industry Median: 3.47 vs NSE:ADSL: 1.90

A closely related ratio is called PB Ratio. As of today, Allied Digital Services's share price is ₹155.17. Allied Digital Services's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹104.64. Hence, Allied Digital Services's P/B Ratio of today is 1.48.

Allied Digital Services Price-to-Tangible-Book Historical Data

The historical data trend for Allied Digital Services'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.

Allied Digital Services Price-to-Tangible-Book Chart

Allied Digital Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.21

0.65

1.51

1.01

1.70

Allied Digital Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.01	-	1.68	-	1.70

Competitive Comparison of Allied Digital Services's Price-to-Tangible-Book

For the Information Technology Services subindustry, Allied Digital Services'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.

Allied Digital Services's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Allied Digital Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Allied Digital Services's Price-to-Tangible-Book falls into.

Allied Digital Services Price-to-Tangible-Book Calculation

Allied Digital Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	155.17	/	81.724
	=	1.90

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.

Allied Digital Services Price-to-Tangible-Book Related Terms

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

Allied Digital Services (NSE:ADSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Allied Digital Services Ltd (NSE:ADSL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

532875:India

Address

NCPA Road, Block No. III, Nariman Point, Premises No. 13A, 13th Floor, Earnest House, Backbay Reclamation, Mumbai, MH, IND, 400 021

Website

https://www.allieddigital.net

Allied Digital Services Ltd is an Indian-based information technology service and solutions offering company. The company provides a wide range of information technology and consultancy services such as infrastructure services, end-user IT support, IT asset lifecycle, enterprise applications, and integrated solutions. The business activity of the firm is operated through the Enterprise Computing based Solutions and Infrastructure Management based Solutions segments. Geographically the business presence of the firm is seen across the region of India, the United States, the UK, Singapore, Australia, Ireland, Brazil, Japan, and China.

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