Navneet Education (NSE:NAVNETEDUL) Price-to-Tangible-Book : 2.73 (As of Jun. 12, 2024)

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What is Navneet Education Price-to-Tangible-Book?

As of today (2024-06-12), Navneet Education's share price is ₹149.19. Navneet Education's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹54.71. Hence, Navneet Education's Price to Tangible Book Ratio of today is 2.73.

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

NSE:NAVNETEDUL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.81 Med: 3.01 Max: 6.24
Current: 2.73

During the past 13 years, Navneet Education's highest Price to Tangible Book Ratio was 6.24. The lowest was 1.81. And the median was 3.01.

NSE:NAVNETEDUL's Price-to-Tangible-Book is ranked worse than
64.89% of 769 companies
in the Media - Diversified industry
Industry Median: 1.85 vs NSE:NAVNETEDUL: 2.73

A closely related ratio is called PB Ratio. As of today, Navneet Education's share price is ₹149.19. Navneet Education's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹57.18. Hence, Navneet Education's P/B Ratio of today is 2.61.

Navneet Education Price-to-Tangible-Book Historical Data

The historical data trend for Navneet Education'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.

Navneet Education Price-to-Tangible-Book Chart

Navneet Education Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.88

2.12

2.25

1.98

2.52

Navneet Education Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	1.98	-	-	2.52

Competitive Comparison of Navneet Education's Price-to-Tangible-Book

For the Publishing subindustry, Navneet Education'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.

Navneet Education's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Navneet Education's Price-to-Tangible-Book distribution charts can be found below:

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

Navneet Education Price-to-Tangible-Book Calculation

Navneet Education's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	149.19	/	54.705
	=	2.73

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.

Navneet Education Price-to-Tangible-Book Related Terms

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

Navneet Education (NSE:NAVNETEDUL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Navneet Education Ltd (NSE:NAVNETEDUL) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

508989:India

Address

Bhavani Shankar Road, Navneet Bhavan, Near Shardashram Society, Dadar (West), Mumbai, MH, IND, 400028

Website

https://www.navneet.com

Navneet Education Ltd is engaged in the publication of knowledge-based information in educational and general books form as well as in electronic media and manufacturing of paper and other stationery items. The company provides educational syllabus-based content in print & digital mediums, manufactures scholastic paper stationery, publishes general and children's books and also Scholastic Non-Paper Stationary products including various titles in the Children and General books category, which are not based on the syllabus. It markets its products under the brand name Navneet, Vikas, Gala, Grafalco, FfUuNn and Boss. The company manages its business in segments namely Publication, Stationery and Others. It has a business presence in India and other countries.

Navneet Education (NSE:NAVNETEDUL) Headlines

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