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Nalin Lease Finance (BOM:531212) Price-to-Tangible-Book : 0.89 (As of May. 23, 2024)


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What is Nalin Lease Finance Price-to-Tangible-Book?

As of today (2024-05-23), Nalin Lease Finance's share price is ₹42.98. Nalin Lease Finance's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹48.08. Hence, Nalin Lease Finance's Price to Tangible Book Ratio of today is 0.89.

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

BOM:531212' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26   Med: 0.55   Max: 0.89
Current: 0.89

During the past 13 years, Nalin Lease Finance's highest Price to Tangible Book Ratio was 0.89. The lowest was 0.26. And the median was 0.55.

BOM:531212's Price-to-Tangible-Book is ranked better than
60.64% of 498 companies
in the Credit Services industry
Industry Median: 1.07 vs BOM:531212: 0.89

A closely related ratio is called PB Ratio. As of today, Nalin Lease Finance's share price is ₹42.98. Nalin Lease Finance's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹48.08. Hence, Nalin Lease Finance's P/B Ratio of today is 0.89.


Nalin Lease Finance Price-to-Tangible-Book Historical Data

The historical data trend for Nalin Lease 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.

Nalin Lease Finance Price-to-Tangible-Book Chart

Nalin Lease Finance 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 0.76 0.55 0.88 0.78 0.86

Nalin Lease Finance 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 0.78 - 0.74 - 0.86

Competitive Comparison of Nalin Lease Finance's Price-to-Tangible-Book

For the Credit Services subindustry, Nalin Lease 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.


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

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

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



Nalin Lease Finance Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=42.98/48.083
=0.89

* 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.


Nalin Lease Finance Price-to-Tangible-Book Related Terms

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


Nalin Lease Finance (BOM:531212) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Nalinkant Gandhi Road, Ground Floor, Gandhi Nursing Home Building, Sabarkantha, Himatnagar, GJ, IND, 383001
Nalin Lease Finance Ltd is engaged in providing a wide range of fund-based services including vehicle loans, business loans and many more. It is also engaged in the gold loan business offering loans against gold ornaments. It is engaged primarily in the business of "Financing".

Nalin Lease Finance (BOM:531212) Headlines

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