GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aspire and Innovative Advertising Ltd (NSE:ASPIRE) » Definitions » Price-to-Tangible-Book

Aspire and Innovative Advertising (NSE:ASPIRE) Price-to-Tangible-Book : 7.26 (As of Jun. 23, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Aspire and Innovative Advertising Price-to-Tangible-Book?

As of today (2024-06-23), Aspire and Innovative Advertising's share price is ₹93.00. Aspire and Innovative Advertising's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹12.81. Hence, Aspire and Innovative Advertising's Price to Tangible Book Ratio of today is 7.26.

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

NSE:ASPIRE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.6
Current: 7.26

During the past 3 years, Aspire and Innovative Advertising's highest Price to Tangible Book Ratio was 7.60. The lowest was 0.00. And the median was 0.00.

NSE:ASPIRE's Price-to-Tangible-Book is ranked worse than
92.5% of 880 companies
in the Transportation industry
Industry Median: 1.39 vs NSE:ASPIRE: 7.26

A closely related ratio is called PB Ratio. As of today, Aspire and Innovative Advertising's share price is ₹93.00. Aspire and Innovative Advertising's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹12.81. Hence, Aspire and Innovative Advertising's P/B Ratio of today is 7.26.

Aspire and Innovative Advertising Price-to-Tangible-Book Historical Data

The historical data trend for Aspire and Innovative Advertising'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.

Aspire and Innovative Advertising Price-to-Tangible-Book Chart

Aspire and Innovative Advertising Annual Data
Trend Mar21 Mar22 Mar23
Price-to-Tangible-Book
- - -

Aspire and Innovative Advertising Quarterly Data
Mar21 Mar22 Mar23 Sep23
Price-to-Tangible-Book - - - -

Competitive Comparison of Aspire and Innovative Advertising's Price-to-Tangible-Book

For the Integrated Freight & Logistics subindustry, Aspire and Innovative Advertising'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.

Aspire and Innovative Advertising's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aspire and Innovative Advertising's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Aspire and Innovative Advertising's Price-to-Tangible-Book falls into.


Aspire and Innovative Advertising Price-to-Tangible-Book Calculation

Aspire and Innovative Advertising's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=93.00/12.806
=7.26

* 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:

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.

Aspire and Innovative Advertising Price-to-Tangible-Book Related Terms

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

Aspire and Innovative Advertising (NSE:ASPIRE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aspire and Innovative Advertising Ltd (NSE:ASPIRE) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot No. 52, Sector-44, Gurugram, HR, IND, 122003
Website
https://www.aspireinnovate.in
Aspire and Innovative Advertising Ltd is engaged in the business of trading range of consumer durables like kitchen appliances, home appliances, white goods, mobile phones and its accessories, solar products etc. of multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells and many more. It provide one platform that bring multiple brands under one umbrella. It is an end-to-end solution company to help partners in Last Mile Delivery Services & Product Distribution and provide technical, operational, financial & after-sales services in the narrowest corner of India.

Aspire and Innovative Advertising (NSE:ASPIRE) Headlines

No Headlines