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Parag Milk Food (NSE:PARAGMILK) Price-to-Tangible-Book : 2.37 (As of Jun. 23, 2024)


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What is Parag Milk Food Price-to-Tangible-Book?

As of today (2024-06-23), Parag Milk Food's share price is ₹181.32. Parag Milk Food's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹76.44. Hence, Parag Milk Food's Price to Tangible Book Ratio of today is 2.37.

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

NSE:PARAGMILK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59   Med: 2.16   Max: 3.09
Current: 2.37

During the past 13 years, Parag Milk Food's highest Price to Tangible Book Ratio was 3.09. The lowest was 0.59. And the median was 2.16.

NSE:PARAGMILK's Price-to-Tangible-Book is ranked worse than
64.03% of 1718 companies
in the Consumer Packaged Goods industry
Industry Median: 1.67 vs NSE:PARAGMILK: 2.37

A closely related ratio is called PB Ratio. As of today, Parag Milk Food's share price is ₹181.32. Parag Milk Food's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹76.52. Hence, Parag Milk Food's P/B Ratio of today is 2.37.


Parag Milk Food Price-to-Tangible-Book Historical Data

The historical data trend for Parag Milk Food'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.

Parag Milk Food Price-to-Tangible-Book Chart

Parag Milk Food 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 0.59 0.96 1.66 1.06 2.72

Parag Milk Food 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 1.06 - 2.94 - 2.72

Competitive Comparison of Parag Milk Food's Price-to-Tangible-Book

For the Packaged Foods subindustry, Parag Milk Food'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.


Parag Milk Food's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Parag Milk Food's Price-to-Tangible-Book falls into.



Parag Milk Food Price-to-Tangible-Book Calculation

Parag Milk Food's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=181.32/76.444
=2.37

* 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.


Parag Milk Food Price-to-Tangible-Book Related Terms

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


Parag Milk Food (NSE:PARAGMILK) Business Description

Traded in Other Exchanges
Address
10th Floor Nirmal Building, Nariman Point, Mumbai, MH, IND, 400021
Parag Milk Food Ltd is an India based company engaged in manufacturing, trading, and processing of milk and milk products. The products offered by the company are milk, cheese, butter, ghee, fresh cream, milk powder, flavoured milk, lassi, whey protein powder, curd, and other related products. The company markets its products under the brands Gowardhan, Go, Topp up and PRIDE OF COWS. It sells its products in India, and also exports internationally, of which majority of the sales revenue is generated within India.

Parag Milk Food (NSE:PARAGMILK) Headlines

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