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Trigyn Technologies (NSE:TRIGYN) Price-to-Tangible-Book : 0.68 (As of Jun. 25, 2024)


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

As of today (2024-06-25), Trigyn Technologies's share price is ₹133.43. Trigyn Technologies's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹196.91. Hence, Trigyn Technologies's Price to Tangible Book Ratio of today is 0.68.

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

NSE:TRIGYN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17   Med: 0.65   Max: 1.41
Current: 0.68

During the past 13 years, Trigyn Technologies's highest Price to Tangible Book Ratio was 1.41. The lowest was 0.17. And the median was 0.65.

NSE:TRIGYN's Price-to-Tangible-Book is ranked better than
95.16% of 2088 companies
in the Software industry
Industry Median: 3.44 vs NSE:TRIGYN: 0.68

A closely related ratio is called PB Ratio. As of today, Trigyn Technologies's share price is ₹133.43. Trigyn Technologies's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹227.77. Hence, Trigyn Technologies's P/B Ratio of today is 0.59.


Trigyn Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Trigyn 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.

Trigyn Technologies Price-to-Tangible-Book Chart

Trigyn Technologies 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 0.17 0.41 0.82 0.48 0.47

Trigyn 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 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 0.48 - 0.61 - 0.47

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

For the Information Technology Services subindustry, Trigyn 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.


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

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

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



Trigyn Technologies Price-to-Tangible-Book Calculation

Trigyn 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 )
=133.43/196.911
=0.68

* 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.


Trigyn Technologies Price-to-Tangible-Book Related Terms

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


Trigyn Technologies (NSE:TRIGYN) Business Description

Traded in Other Exchanges
Address
Unit 27, SDF-1, Seepz - SEZ, Andheri (East), Mumbai, MH, IND, 400 096
Trigyn Technologies Ltd is an Indian-based information technology (IT) services company. It provides IT solutions, staffing, application outsourcing services, managed services, Software Development, Maintenance, and other services. It operates in only one reportable segment is Communications and information technology staffing support services.

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