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Italian Edibles (NSE:ITALIANE) Price-to-Tangible-Book : 3.83 (As of Jun. 24, 2024)


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What is Italian Edibles Price-to-Tangible-Book?

As of today (2024-06-24), Italian Edibles's share price is ₹33.10. Italian Edibles's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was ₹8.64. Hence, Italian Edibles's Price to Tangible Book Ratio of today is 3.83.

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

NSE:ITALIANE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.83
Current: 3.83

During the past 3 years, Italian Edibles's highest Price to Tangible Book Ratio was 3.83. The lowest was 0.00. And the median was 0.00.

NSE:ITALIANE's Price-to-Tangible-Book is ranked worse than
79.63% of 1718 companies
in the Consumer Packaged Goods industry
Industry Median: 1.66 vs NSE:ITALIANE: 3.83

A closely related ratio is called PB Ratio. As of today, Italian Edibles's share price is ₹33.10. Italian Edibles's Book Value per Sharefor the quarter that ended in Aug. 2023 was ₹8.72. Hence, Italian Edibles's P/B Ratio of today is 3.80.

Italian Edibles Price-to-Tangible-Book Historical Data

The historical data trend for Italian Edibles'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.

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Italian Edibles Price-to-Tangible-Book Chart

Italian Edibles Annual Data
Trend Mar21 Mar22 Mar23
Price-to-Tangible-Book
- - -

Italian Edibles Quarterly Data
Mar21 Mar22 Mar23 Aug23
Price-to-Tangible-Book - - - -

Competitive Comparison of Italian Edibles's Price-to-Tangible-Book

For the Confectioners subindustry, Italian Edibles'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.

Italian Edibles's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Italian Edibles's Price-to-Tangible-Book distribution charts can be found below:

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


Italian Edibles Price-to-Tangible-Book Calculation

Italian Edibles's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Aug. 2023 )
=33.10/8.643
=3.83

* 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.

Italian Edibles Price-to-Tangible-Book Related Terms

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

Italian Edibles (NSE:ITALIANE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Italian Edibles Ltd (NSE:ITALIANE) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
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Address
Website
https://www.ofcoursegroup.com
Italian Edibles Ltd is a confectionery company. It produces wide range of confectionery's such as Rabdi [Meethai Sweet], Milk Paste, Chocolate Paste, Lollipops, Candies, Jelly Candies, Multi-Grain Puff Rolls, Fruit Based products. It confectionery products are sold under the brand name of ""Ofcour's"". It also supplies Biscuit (wafer), dairy, ice- cream, confectionery products to many business houses in India.

Italian Edibles (NSE:ITALIANE) Headlines

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