What is Max Financial Services Book Value per Share?
Max Financial Services's book value per share for the quarter that ended in Mar. 2024 was ₹112.02.
During the past 12 months, Max Financial Services's average Book Value Per Share Growth Rate was 9.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Max Financial Services was 73.60% per year. The lowest was -20.00% per year. And the median was 11.85% per year.
During the past 13 years, the highest P/B Ratio of Max Financial Services was 11.21. The lowest was 4.21. And the median was 6.78.
Max Financial Services Book Value per Share Historical Data
The historical data trend for Max Financial Services's Book Value 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.
Competitive Comparison of Max Financial Services's Book Value per Share
For the Insurance - Life subindustry, Max Financial Services'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.
Max Financial Services's PB Ratio Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Max Financial Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where Max Financial Services's PB Ratio falls into.
Max Financial Services Book Value per Share Calculation
Max Financial Services's Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Max Financial Services (BOM:500271) Book Value 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.
Max Financial Services Book Value per Share Related Terms
Thank you for viewing the detailed overview of Max Financial Services's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Max Financial Services (BOM:500271) Business Description
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.
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