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Yash Optics and Lens (NSE:YASHOPTICS) Price-to-Tangible-Book : 9.90 (As of Sep. 21, 2024)


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What is Yash Optics and Lens Price-to-Tangible-Book?

As of today (2024-09-21), Yash Optics and Lens's share price is ₹92.95. Yash Optics and Lens's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹9.39. Hence, Yash Optics and Lens's Price to Tangible Book Ratio of today is 9.90.

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

NSE:YASHOPTICS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10.27
Current: 9.9

During the past 3 years, Yash Optics and Lens's highest Price to Tangible Book Ratio was 10.27. The lowest was 0.00. And the median was 0.00.

NSE:YASHOPTICS's Price-to-Tangible-Book is ranked worse than
85.24% of 698 companies
in the Medical Devices & Instruments industry
Industry Median: 2.73 vs NSE:YASHOPTICS: 9.90

A closely related ratio is called PB Ratio. As of today, Yash Optics and Lens's share price is ₹92.95. Yash Optics and Lens's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹9.42. Hence, Yash Optics and Lens's P/B Ratio of today is 9.86.

Yash Optics and Lens Price-to-Tangible-Book Historical Data

The historical data trend for Yash Optics and Lens'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.

Yash Optics and Lens Price-to-Tangible-Book Chart

Yash Optics and Lens Annual Data
Trend Mar21 Mar22 Mar23
Price-to-Tangible-Book
- - -

Yash Optics and Lens Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Price-to-Tangible-Book - - - -

Competitive Comparison of Yash Optics and Lens's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Yash Optics and Lens'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.

Yash Optics and Lens's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Yash Optics and Lens's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Yash Optics and Lens's Price-to-Tangible-Book falls into.


Yash Optics and Lens Price-to-Tangible-Book Calculation

Yash Optics and Lens's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=92.95/9.386
=9.90

* 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:

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.

Yash Optics and Lens Price-to-Tangible-Book Related Terms

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

Yash Optics and Lens Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Yash Optics and Lens Ltd (NSE:YASHOPTICS) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
N/A
Address
1 st, Floor, Unit 70A, Kandiwali Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400067
Website
https://yashopticsandlens.com
Yash Optics and Lens Ltd is is primarily engaged in the business of manufacturing, trading, distribution and supplying of comprehensive range of spectacle/optical lenses. It offers products from single vision lenses to advanced progressive lenses, customized progressive lenses to personalized progressives for professionals along with wide range of coatings.

Yash Optics and Lens Headlines

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