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Rachana Infrastructure (NSE:RILINFRA) Tangible Book per Share : ₹50.42 (As of Mar. 2024)


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What is Rachana Infrastructure 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. Rachana Infrastructure's tangible book value per share for the quarter that ended in Mar. 2024 was ₹50.42.

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.


Rachana Infrastructure Tangible Book per Share Historical Data

The historical data trend for Rachana Infrastructure'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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Rachana Infrastructure Tangible Book per Share Chart

Rachana Infrastructure Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tangible Book per Share
Get a 7-Day Free Trial 18.55 27.69 26.82 48.50 50.42

Rachana Infrastructure Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only 26.82 47.63 48.50 49.14 50.42

Competitive Comparison of Rachana Infrastructure's Tangible Book per Share

For the Infrastructure Operations subindustry, Rachana Infrastructure'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.


Rachana Infrastructure's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rachana Infrastructure's Price-to-Tangible-Book distribution charts can be found below:

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



Rachana Infrastructure Tangible Book per Share Calculation

Rachana Infrastructure'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)
=(938.066-0-0.047)/18.605
=50.42

Rachana Infrastructure'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)
=(938.066-0-0.047)/18.605
=50.42

* 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.


Rachana Infrastructure  (NSE:RILINFRA) 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.


Rachana Infrastructure Tangible Book per Share Related Terms

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Rachana Infrastructure Business Description

Traded in Other Exchanges
N/A
Address
Croma Cross Road, Off. Sindhubhavan Road, 604, 6th Floor, Zion Z-One, Near Hotel Avalon, Bodakdev, Ahmedabad, GJ, IND, 380054
Rachana Infrastructure Ltd is engaged in the business of Construction of Road projects on a Bill of Quantities and EPC basis. It operates in two business segments; Road and Highway Construction projects; Trading and Quarry Mining.

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