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Vaswani Industries (NSE:VASWANI) Price-to-Tangible-Book : 1.25 (As of Dec. 11, 2024)


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What is Vaswani Industries Price-to-Tangible-Book?

As of today (2024-12-11), Vaswani Industries's share price is ₹50.46. Vaswani Industries's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ₹40.36. Hence, Vaswani Industries's Price to Tangible Book Ratio of today is 1.25.

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

NSE:VASWANI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.08   Med: 0.33   Max: 1.69
Current: 1.22

During the past 13 years, Vaswani Industries's highest Price to Tangible Book Ratio was 1.69. The lowest was 0.08. And the median was 0.33.

NSE:VASWANI's Price-to-Tangible-Book is ranked worse than
58.17% of 612 companies
in the Steel industry
Industry Median: 1.005 vs NSE:VASWANI: 1.22

A closely related ratio is called PB Ratio. As of today, Vaswani Industries's share price is ₹50.46. Vaswani Industries's Book Value per Sharefor the quarter that ended in Sep. 2024 was ₹40.36. Hence, Vaswani Industries's P/B Ratio of today is 1.25.


Vaswani Industries Price-to-Tangible-Book Historical Data

The historical data trend for Vaswani Industries'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.

Vaswani Industries Price-to-Tangible-Book Chart

Vaswani Industries 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 0.08 0.29 0.56 0.53 0.78

Vaswani Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.76 - 0.78 - 1.69

Competitive Comparison of Vaswani Industries's Price-to-Tangible-Book

For the Steel subindustry, Vaswani Industries'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.


Vaswani Industries's Price-to-Tangible-Book Distribution in the Steel Industry

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

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



Vaswani Industries Price-to-Tangible-Book Calculation

Vaswani Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=50.46/40.355
=1.25

* 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.


Vaswani Industries Price-to-Tangible-Book Related Terms

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


Vaswani Industries Business Description

Traded in Other Exchanges
Address
Bahesar Road, Near cycle Park, Village Sondra, Phase II, Industrial Area, Siltara, Raipur, CT, IND, 493 221
Vaswani Industries Ltd is engaged in the business of manufacturing and trading of Sponge Iron, Steel Billets, HB Wires, Iron Ore Pellets and generation of Power. Its business segments are Iron and steel; Power; Real estate and Agri division, of which key revenue is derived from the Iron and Steel segment. The company sells its products within India.

Vaswani Industries Headlines

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