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Diffusion Engineers (BOM:544264) Tangible Book per Share : ₹50.84 (As of Mar. 2024)


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What is Diffusion Engineers Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Diffusion Engineers's tangible book value per share for the quarter that ended in Mar. 2024 was ₹50.84.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Diffusion Engineers Tangible Book per Share Historical Data

The historical data trend for Diffusion Engineers's Tangible Book per Share 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.

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Diffusion Engineers Tangible Book per Share Chart

Diffusion Engineers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Tangible Book per Share
28.03 32.19 37.87 50.84

Diffusion Engineers Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Tangible Book per Share 28.03 32.19 37.87 50.84

Competitive Comparison of Diffusion Engineers's Tangible Book per Share

For the Specialty Industrial Machinery subindustry, Diffusion Engineers'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.


Diffusion Engineers's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Diffusion Engineers's Price-to-Tangible-Book distribution charts can be found below:

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



Diffusion Engineers Tangible Book per Share Calculation

Diffusion Engineers's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1907.04-0-4.25)/37.426
=50.84

Diffusion Engineers's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1907.04-0-4.25)/37.426
=50.84

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Diffusion Engineers  (BOM:544264) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Diffusion Engineers Tangible Book per Share Related Terms

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Diffusion Engineers Business Description

Traded in Other Exchanges
Address
Nagpur Industrial Area, T-5 & 6, MIDC, Hingna, Nagpur, MH, IND, 440016
Diffusion Engineers Ltd is engaged in the business of manufacturing welding consumables, wear plates and wear parts and heavy engineering machinery for core industries. Additionally, it is also involved in the trading of anti-wear powders and welding and cutting machinery. The company provides a super conditioning process at its manufacturing facilities, a surface treatment solution for machine components that enhances wear resistance, eliminates stress and improves their repairability ultimately extending their lifespan.

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