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Tara Chand Infralogistic Solutions (NSE:TARACHAND) Price-to-Tangible-Book : 6.69 (As of May. 27, 2024)


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What is Tara Chand Infralogistic Solutions Price-to-Tangible-Book?

As of today (2024-05-27), Tara Chand Infralogistic Solutions's share price is ₹427.20. Tara Chand Infralogistic Solutions's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹63.88. Hence, Tara Chand Infralogistic Solutions's Price to Tangible Book Ratio of today is 6.69.

The historical rank and industry rank for Tara Chand Infralogistic Solutions's Price-to-Tangible-Book or its related term are showing as below:

NSE:TARACHAND' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82   Med: 1.19   Max: 6.79
Current: 6.69

During the past 12 years, Tara Chand Infralogistic Solutions's highest Price to Tangible Book Ratio was 6.79. The lowest was 0.82. And the median was 1.19.

NSE:TARACHAND's Price-to-Tangible-Book is ranked worse than
92.15% of 191 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.88 vs NSE:TARACHAND: 6.69

A closely related ratio is called PB Ratio. As of today, Tara Chand Infralogistic Solutions's share price is ₹427.20. Tara Chand Infralogistic Solutions's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹63.88. Hence, Tara Chand Infralogistic Solutions's P/B Ratio of today is 6.69.


Tara Chand Infralogistic Solutions Price-to-Tangible-Book Historical Data

The historical data trend for Tara Chand Infralogistic Solutions'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.

Tara Chand Infralogistic Solutions Price-to-Tangible-Book Chart

Tara Chand Infralogistic Solutions 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 0.90 0.82 1.19 1.61 2.86

Tara Chand Infralogistic Solutions 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 1.61 - 2.18 - 2.86

Competitive Comparison of Tara Chand Infralogistic Solutions's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, Tara Chand Infralogistic Solutions'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.


Tara Chand Infralogistic Solutions's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tara Chand Infralogistic Solutions's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tara Chand Infralogistic Solutions's Price-to-Tangible-Book falls into.



Tara Chand Infralogistic Solutions Price-to-Tangible-Book Calculation

Tara Chand Infralogistic Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=427.20/63.88
=6.69

* 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.


Tara Chand Infralogistic Solutions Price-to-Tangible-Book Related Terms

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Tara Chand Infralogistic Solutions (NSE:TARACHAND) Business Description

Traded in Other Exchanges
N/A
Address
342, Industrial Area, Phase I, Chandigarh, IND, 160002
Tara Chand Infralogistic Solutions Ltd is an Indian company that provides heavy lifting equipment for infrastructure and construction projects. The company is actively engaged in key metro projects in India, largely in Tier 1 and 2 cities, with its large fleet of Hydraulic Piling Rigs, heavy lifting capacity Cranes, and Concrete Construction Machinery. The company has three segments including Transport and handling services, Equipment rental services, and Steel processing and distribution.

Tara Chand Infralogistic Solutions (NSE:TARACHAND) Headlines

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