Synoptics Technologies (NSE:SYNOPTICS) Price-to-Tangible-Book : 4.93 (As of Jun. 23, 2024)

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

As of today (2024-06-23), Synoptics Technologies's share price is ₹99.95. Synoptics Technologies's Tangible Book per Share of Mar. 2022 for the quarter that ended in Mar. 2022 was ₹20.29. Hence, Synoptics Technologies's Price to Tangible Book Ratio of today is 4.93.

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

NSE:SYNOPTICS's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.46
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Synoptics Technologies's share price is ₹99.95. Synoptics Technologies's Book Value per Sharefor the quarter that ended in Mar. 2022 was ₹22.13. Hence, Synoptics Technologies's P/B Ratio of today is 4.52.

Synoptics Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Synoptics 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.

Synoptics Technologies Price-to-Tangible-Book Chart

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Price-to-Tangible-Book

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22
Price-to-Tangible-Book	-	-	-

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

For the Information Technology Services subindustry, Synoptics 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.

Synoptics Technologies's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Synoptics Technologies's Price-to-Tangible-Book distribution charts can be found below:

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

Synoptics Technologies Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2022 )
	=	99.95	/	20.286
	=	4.93

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.

Synoptics Technologies Price-to-Tangible-Book Related Terms

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

Synoptics Technologies (NSE:SYNOPTICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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