Surani Steel Tubes (NSE:SURANI) Price-to-Tangible-Book : 5.64 (As of Jun. 24, 2024)

Surani Steel Tubes Price-to-Tangible-Book Chart

Surani Steel Tubes Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Price-to-Tangible-Book		Get a 7-Day Free Trial					0.99	0.70	1.55	1.95	5.53

Surani Steel Tubes Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial											1.55	-	1.95	3.00	6.98

Competitive Comparison of Surani Steel Tubes's Price-to-Tangible-Book

For the Steel subindustry, Surani Steel Tubes'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.

Surani Steel Tubes's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Surani Steel Tubes's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Surani Steel Tubes's Price-to-Tangible-Book falls into.

Surani Steel Tubes Price-to-Tangible-Book Calculation

Surani Steel Tubes's price-to-tangible-book ratio for today is calculated as:

* 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.

Surani Steel Tubes Price-to-Tangible-Book Related Terms

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

Surani Steel Tubes (NSE:SURANI) Business Description