Religare Enterprises (BOM:532915) Price-to-Tangible-Book : (As of May. 13, 2024)

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What is Religare Enterprises Price-to-Tangible-Book?

As of today (2024-05-13), Religare Enterprises's share price is ₹212.15. Religare Enterprises's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Religare Enterprises's Price to Tangible Book Ratio of today is .

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

BOM:532915' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54 Med: 2.37 Max: 13.18
Current: 3.23

During the past 13 years, Religare Enterprises's highest Price to Tangible Book Ratio was 13.18. The lowest was 0.54. And the median was 2.37.

BOM:532915's Price-to-Tangible-Book is ranked worse than
82.61% of 460 companies
in the Insurance industry
Industry Median: 1.37 vs BOM:532915: 3.23

A closely related ratio is called PB Ratio. As of today, Religare Enterprises's share price is ₹212.15. Religare Enterprises's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Religare Enterprises's P/B Ratio of today is .

Religare Enterprises Price-to-Tangible-Book Historical Data

The historical data trend for Religare Enterprises'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.

Religare Enterprises Price-to-Tangible-Book Chart

Religare Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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0.83

12.89

2.34

Religare Enterprises 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															-	2.34	-	3.68	-

Competitive Comparison of Religare Enterprises's Price-to-Tangible-Book

For the Insurance - Life subindustry, Religare Enterprises'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.

Religare Enterprises's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Religare Enterprises's Price-to-Tangible-Book distribution charts can be found below:

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

Religare Enterprises Price-to-Tangible-Book Calculation

Religare Enterprises's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	212.15	/	0
	=

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.

Religare Enterprises Price-to-Tangible-Book Related Terms

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

Religare Enterprises (BOM:532915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Religare Enterprises Ltd (BOM:532915) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RELIGARE:India

Address

Dr. Jha Marg, 8th Flooe, Block A, Max House, Phase III, Okhla Industrial Estate, New Delhi, IND, 110020

Website

https://www.religare.com

Religare Enterprises Ltd is an India-based company that is principally engaged in providing diversified financial services, including loans to small and midsize enterprises, affordable housing finance, health insurance, capital markets, and wealth management. The company operates via various subsidiaries and operating entities. It generates around two-thirds of total revenue from investment and financing activity. The company concentrates its business in India, and generates the majority of revenue from the domestic market.

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