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IDBI Bank (BOM:500116) Price-to-Tangible-Book : 1.80 (As of Jun. 03, 2024)


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What is IDBI Bank Price-to-Tangible-Book?

As of today (2024-06-03), IDBI Bank's share price is ₹85.57. IDBI Bank's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹47.50. Hence, IDBI Bank's Price to Tangible Book Ratio of today is 1.80.

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

BOM:500116' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.47   Med: 0.98   Max: 1.8
Current: 1.8

During the past 13 years, IDBI Bank's highest Price to Tangible Book Ratio was 1.80. The lowest was 0.47. And the median was 0.98.

BOM:500116's Price-to-Tangible-Book is ranked worse than
86.45% of 1439 companies
in the Banks industry
Industry Median: 0.92 vs BOM:500116: 1.80

A closely related ratio is called PB Ratio. As of today, IDBI Bank's share price is ₹85.57. IDBI Bank's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹47.50. Hence, IDBI Bank's P/B Ratio of today is 1.80.


IDBI Bank Price-to-Tangible-Book Historical Data

The historical data trend for IDBI Bank'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.

IDBI Bank Price-to-Tangible-Book Chart

IDBI Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 1.10 1.08 1.04 1.70

IDBI Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.04 1.25 1.59 1.47 1.70

Competitive Comparison of IDBI Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, IDBI Bank'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.


IDBI Bank's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, IDBI Bank's Price-to-Tangible-Book distribution charts can be found below:

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



IDBI Bank Price-to-Tangible-Book Calculation

IDBI Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=85.57/47.499
=1.80

* 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.

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

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.


IDBI Bank Price-to-Tangible-Book Related Terms

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


IDBI Bank (BOM:500116) Business Description

Traded in Other Exchanges
Address
IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai, MH, IND, 400005
IDBI Bank Ltd is an India-based company that is principally engaged in banking. The company's business segments include wholesale banking, retail banking, and treasury services, with wholesale banking and retail banking jointly contributing the majority of total revenue. In addition to its banking business, the company is also involved in capital markets, investment banking, and mutual fund businesses. The company operates through a branch network across India. Its operations are concentrated in India, with a presence in overseas markets as well.

IDBI Bank (BOM:500116) Headlines

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