Baheti Recycling Industries (NSE:BAHETI) Price-to-Tangible-Book : 6.96 (As of May. 16, 2024)

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What is Baheti Recycling Industries Price-to-Tangible-Book?

As of today (2024-05-16), Baheti Recycling Industries's share price is ₹231.00. Baheti Recycling Industries's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹33.21. Hence, Baheti Recycling Industries's Price to Tangible Book Ratio of today is 6.96.

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

NSE:BAHETI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.66 Med: 2.66 Max: 7.99
Current: 6.96

During the past 4 years, Baheti Recycling Industries's highest Price to Tangible Book Ratio was 7.99. The lowest was 2.66. And the median was 2.66.

NSE:BAHETI's Price-to-Tangible-Book is ranked worse than
91.29% of 2228 companies
in the Metals & Mining industry
Industry Median: 1.35 vs NSE:BAHETI: 6.96

A closely related ratio is called PB Ratio. As of today, Baheti Recycling Industries's share price is ₹231.00. Baheti Recycling Industries's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹33.21. Hence, Baheti Recycling Industries's P/B Ratio of today is 6.96.

Baheti Recycling Industries Price-to-Tangible-Book Historical Data

The historical data trend for Baheti Recycling Industries'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.

Baheti Recycling Industries Price-to-Tangible-Book Chart

Baheti Recycling Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

2.66

Baheti Recycling Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Price-to-Tangible-Book	-	-	-	2.66

Competitive Comparison of Baheti Recycling Industries's Price-to-Tangible-Book

For the Aluminum subindustry, Baheti Recycling Industries'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.

Baheti Recycling Industries's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baheti Recycling Industries's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Baheti Recycling Industries's Price-to-Tangible-Book falls into.

Baheti Recycling Industries Price-to-Tangible-Book Calculation

Baheti Recycling Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	231.00	/	33.207
	=	6.96

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.

Baheti Recycling Industries Price-to-Tangible-Book Related Terms

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

Baheti Recycling Industries (NSE:BAHETI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baheti Recycling Industries Ltd (NSE:BAHETI) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

A-2/3, L.R. Apartments, Opposite Police Commissioner Office, Shahibaug, Ahmedabad, GJ, IND, 380 004

Website

https://www.bahetiindustries.com

Baheti Recycling Industries Ltd is an aluminium recycling company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc. Its products are being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc.

Baheti Recycling Industries (NSE:BAHETI) Headlines

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