Can Fin Homes (BOM:511196) PB Ratio : 2.31 (As of Jun. 04, 2024)

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What is Can Fin Homes PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-04), Can Fin Homes's share price is ₹752.10. Can Fin Homes's Book Value per Share for the quarter that ended in Mar. 2024 was ₹326.23. Hence, Can Fin Homes's PB Ratio of today is 2.31.

Good Sign:

Can Fin Homes Ltd stock PB Ratio (=2.23) is close to 1-year low of 2.23

The historical rank and industry rank for Can Fin Homes's PB Ratio or its related term are showing as below:

BOM:511196' s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 2.61 Max: 7.04
Current: 2.23

During the past 13 years, Can Fin Homes's highest PB Ratio was 7.04. The lowest was 0.63. And the median was 2.61.

BOM:511196's PB Ratio is ranked worse than
91.96% of 1456 companies
in the Banks industry
Industry Median: 0.86 vs BOM:511196: 2.23

During the past 12 months, Can Fin Homes's average Book Value Per Share Growth Rate was 19.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 22.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Can Fin Homes was 30.60% per year. The lowest was 11.60% per year. And the median was 19.80% per year.

Back to Basics: PB Ratio

Can Fin Homes PB Ratio Historical Data

The historical data trend for Can Fin Homes's PB Ratio 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.

Can Fin Homes PB Ratio Chart

Can Fin Homes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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1.73

3.13

2.74

1.93

2.31

Can Fin Homes Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.93	-	2.57	-	2.31

Competitive Comparison of Can Fin Homes's PB Ratio

For the Mortgage Finance subindustry, Can Fin Homes's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Can Fin Homes's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Can Fin Homes's PB Ratio distribution charts can be found below:

* The bar in red indicates where Can Fin Homes's PB Ratio falls into.

Can Fin Homes PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Can Fin Homes's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	752.10	/	326.228
	=	2.31

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Can Fin Homes (BOM:511196) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Can Fin Homes PB Ratio Related Terms

Thank you for viewing the detailed overview of Can Fin Homes's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Can Fin Homes (BOM:511196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Can Fin Homes Ltd (BOM:511196) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CANFINHOME:India

Address

No. 29/1, Sir M N Krishna Rao Road, 1st Floor, Lalbagh West Gate, Basavanagudi, Bengaluru, KA, IND, 560 004

Website

https://www.canfinhomes.com

Can Fin Homes Ltd is an Indian housing finance institution. The company offers a range of loan products, housing loans as well as non-housing loans. It provides Housing loans to individuals, to Builders/developers, and against Property. The company categorized its business into two structures such as housing loans and non-housing loans. It provides loans for various purposes such as the construction of a house, purchase of ready-built houses/flats, repairs, renovation, and an extension of a house as well as for the purchase of the site from development authorities and private developers/parties. In addition, it also accepts deposits from the public such as Fixed deposits and Cumulative deposits. The revenue generated by the company mainly consists of the interest received.

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