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Ashiana Housing (NSE:ASHIANA) Price-to-Tangible-Book : 4.53 (As of May. 31, 2024)


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What is Ashiana Housing Price-to-Tangible-Book?

As of today (2024-05-31), Ashiana Housing's share price is ₹347.05. Ashiana Housing's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹76.59. Hence, Ashiana Housing's Price to Tangible Book Ratio of today is 4.53.

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

NSE:ASHIANA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67   Med: 2.07   Max: 4.65
Current: 4.53

During the past 13 years, Ashiana Housing's highest Price to Tangible Book Ratio was 4.65. The lowest was 0.67. And the median was 2.07.

NSE:ASHIANA's Price-to-Tangible-Book is ranked worse than
92.03% of 1718 companies
in the Real Estate industry
Industry Median: 0.83 vs NSE:ASHIANA: 4.53

A closely related ratio is called PB Ratio. As of today, Ashiana Housing's share price is ₹347.05. Ashiana Housing's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹76.62. Hence, Ashiana Housing's P/B Ratio of today is 4.53.


Ashiana Housing Price-to-Tangible-Book Historical Data

The historical data trend for Ashiana Housing'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.

Ashiana Housing Price-to-Tangible-Book Chart

Ashiana Housing Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 1.80 1.90 2.28 3.58

Ashiana Housing 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.28 2.52 2.86 3.62 3.58

Competitive Comparison of Ashiana Housing's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Ashiana Housing'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.


Ashiana Housing's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ashiana Housing's Price-to-Tangible-Book distribution charts can be found below:

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



Ashiana Housing Price-to-Tangible-Book Calculation

Ashiana Housing's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=347.05/76.591
=4.53

* 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.

It can also be calculated from the numbers for the whole company:

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.


Ashiana Housing Price-to-Tangible-Book Related Terms

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


Ashiana Housing (NSE:ASHIANA) Business Description

Traded in Other Exchanges
Address
304, Southern Park, Saket District Centre, Saket, New Delhi, IND, 110 017
Ashiana Housing Ltd is an India based real estate development company. It is engaged in the development of comfort homes and senior living. Some of its projects include Ashiana town, Ashiana tarang, Ashiana surbhi, Ashiana navrang, Ashiana anantara, Ashiana anmol, Ashiana nirmay, and Ashiana shubham. The group's operations are located in India.

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