Sterlite Technologies (NSE:STLTECH) Price-to-Tangible-Book : 3.04 (As of Jun. 09, 2024)

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What is Sterlite Technologies Price-to-Tangible-Book?

As of today (2024-06-09), Sterlite Technologies's share price is ₹125.85. Sterlite Technologies's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹41.42. Hence, Sterlite Technologies's Price to Tangible Book Ratio of today is 3.04.

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

NSE:STLTECH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.52 Med: 5.22 Max: 11.54
Current: 3.04

During the past 13 years, Sterlite Technologies's highest Price to Tangible Book Ratio was 11.54. The lowest was 1.52. And the median was 5.22.

NSE:STLTECH's Price-to-Tangible-Book is ranked worse than
68.31% of 2818 companies
in the Industrial Products industry
Industry Median: 2.025 vs NSE:STLTECH: 3.04

A closely related ratio is called PB Ratio. As of today, Sterlite Technologies's share price is ₹125.85. Sterlite Technologies's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹50.69. Hence, Sterlite Technologies's P/B Ratio of today is 2.48.

Sterlite Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Sterlite Technologies'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.

Sterlite Technologies Price-to-Tangible-Book Chart

Sterlite Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.52

4.83

6.11

3.46

2.68

Sterlite Technologies 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															3.46	-	3.65	-	2.68

Competitive Comparison of Sterlite Technologies's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Sterlite Technologies'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.

Sterlite Technologies's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sterlite Technologies's Price-to-Tangible-Book distribution charts can be found below:

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

Sterlite Technologies Price-to-Tangible-Book Calculation

Sterlite Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	125.85	/	41.417
	=	3.04

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.

Sterlite Technologies Price-to-Tangible-Book Related Terms

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

Sterlite Technologies (NSE:STLTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sterlite Technologies Ltd (NSE:STLTECH) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

532374:India

Address

Koregaon Road 9, STS 12/1, 4th Floor, Godrej Millennium, Pune, MH, IND, 411 001

Website

https://www.stl.tech

Sterlite Technologies Ltd is an Indian-based company engaged in the business of Connectivity and Network Solutions. Its products and solutions mainly include integrated optical fiber, copper telecom cables, structured data cables, access equipment, fiber connectivity and system integration solution offerings for telecom networks, OSS/ BSS solutions, billing and bandwidth management solutions for organizations, and others. Its segments include Optical networking business (ONB), Global service business (GSB) and Digital and technology solutions (Digital). The company offers its services within India and in the International market.

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