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Veekayem Fashion & Apparels (NSE:VEEKAYEM) Price-to-Tangible-Book : 3.84 (As of Jun. 01, 2025)


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What is Veekayem Fashion & Apparels Price-to-Tangible-Book?

As of today (2025-06-01), Veekayem Fashion & Apparels's share price is ₹269.40. Veekayem Fashion & Apparels's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹70.20. Hence, Veekayem Fashion & Apparels's Price to Tangible Book Ratio of today is 3.84.

The historical rank and industry rank for Veekayem Fashion & Apparels's Price-to-Tangible-Book or its related term are showing as below:

NSE:VEEKAYEM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.63   Med: 2.17   Max: 3.84
Current: 3.84

During the past 5 years, Veekayem Fashion & Apparels's highest Price to Tangible Book Ratio was 3.84. The lowest was 0.63. And the median was 2.17.

NSE:VEEKAYEM's Price-to-Tangible-Book is ranked worse than
84.17% of 973 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.27 vs NSE:VEEKAYEM: 3.84

A closely related ratio is called PB Ratio. As of today, Veekayem Fashion & Apparels's share price is ₹269.40. Veekayem Fashion & Apparels's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹70.20. Hence, Veekayem Fashion & Apparels's P/B Ratio of today is 3.84.


Veekayem Fashion & Apparels Price-to-Tangible-Book Historical Data

The historical data trend for Veekayem Fashion & Apparels'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.

Veekayem Fashion & Apparels Price-to-Tangible-Book Chart

Veekayem Fashion & Apparels Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
- - - 0.63 3.71

Veekayem Fashion & Apparels Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book - - - 0.63 3.71

Competitive Comparison of Veekayem Fashion & Apparels's Price-to-Tangible-Book

For the Textile Manufacturing subindustry, Veekayem Fashion & Apparels'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.


Veekayem Fashion & Apparels's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Veekayem Fashion & Apparels's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Veekayem Fashion & Apparels's Price-to-Tangible-Book falls into.


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Veekayem Fashion & Apparels Price-to-Tangible-Book Calculation

Veekayem Fashion & Apparels's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=269.40/70.204
=3.84

* 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.


Veekayem Fashion & Apparels Price-to-Tangible-Book Related Terms

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


Veekayem Fashion & Apparels Business Description

Traded in Other Exchanges
N/A
Address
Walbhat Road, Gala No. 113, Udyog Bhavan, Sharma Industrial Estate, Near Nirlon Compound, Goregaon East, Mumbai, MH, IND, 400063
Veekayem Fashion & Apparels Ltd is engaged in the business of weaving and garment manufacturing. The company deals in products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories. The extensive product portfolio includes 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen. The Company operates in three segments: Men's wear; Kids Wear and Accessories.

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