Power Finance (BOM:532810) Price-to-Tangible-Book : 1.44 (As of May. 14, 2024)

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What is Power Finance Price-to-Tangible-Book?

As of today (2024-05-14), Power Finance's share price is ₹421.55. Power Finance's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹292.75. Hence, Power Finance's Price to Tangible Book Ratio of today is 1.44.

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

BOM:532810' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36 Med: 0.56 Max: 1.44
Current: 1.44

During the past 13 years, Power Finance's highest Price to Tangible Book Ratio was 1.44. The lowest was 0.36. And the median was 0.56.

BOM:532810's Price-to-Tangible-Book is ranked worse than
61.92% of 499 companies
in the Credit Services industry
Industry Median: 1.09 vs BOM:532810: 1.44

A closely related ratio is called PB Ratio. As of today, Power Finance's share price is ₹421.55. Power Finance's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹292.78. Hence, Power Finance's P/B Ratio of today is 1.44.

Power Finance Price-to-Tangible-Book Historical Data

The historical data trend for Power Finance'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.

Power Finance Price-to-Tangible-Book Chart

Power Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.69

0.49

0.41

0.48

Power Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.48	-	0.89	1.31

Competitive Comparison of Power Finance's Price-to-Tangible-Book

For the Credit Services subindustry, Power Finance'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.

Power Finance's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Power Finance's Price-to-Tangible-Book distribution charts can be found below:

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

Power Finance Price-to-Tangible-Book Calculation

Power Finance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	421.55	/	292.747
	=	1.44

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.

Power Finance Price-to-Tangible-Book Related Terms

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

Power Finance (BOM:532810) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Power Finance Corp Ltd (BOM:532810) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PFC:India

Address

Urjanidhi, 1, Barakhamba Lane, Connaught Place, New Delhi, IND, 110001

Website

https://www.pfcindia.com

Power Finance Corp Ltd is a financial institution operating in India and dedicated to financing of the country's power sector and its various projects. The company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities. The company's main products include rupee term loans, short-term loans, and a buyer line of credit. Interest income is the company's main source of revenue. The company's strategy emphasizes exploring other areas for sustainable growth, including funding renewable equipment manufacturers, nuclear power projects, and backward linkages to the power sector.

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