Bajaj Finserv (BOM:532978) Price-to-Tangible-Book : 4.43 (As of May. 04, 2024)

View and export this data going back to 2008. Start your Free Trial

What is Bajaj Finserv Price-to-Tangible-Book?

As of today (2024-05-04), Bajaj Finserv's share price is ₹1627.10. Bajaj Finserv's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹367.24. Hence, Bajaj Finserv's Price to Tangible Book Ratio of today is 4.43.

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

BOM:532978' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.07 Med: 4.34 Max: 6.96
Current: 4.43

During the past 13 years, Bajaj Finserv's highest Price to Tangible Book Ratio was 6.96. The lowest was 2.07. And the median was 4.34.

BOM:532978's Price-to-Tangible-Book is ranked worse than
81.14% of 509 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs BOM:532978: 4.43

A closely related ratio is called PB Ratio. As of today, Bajaj Finserv's share price is ₹1627.10. Bajaj Finserv's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹378.65. Hence, Bajaj Finserv's P/B Ratio of today is 4.30.

Bajaj Finserv Price-to-Tangible-Book Historical Data

The historical data trend for Bajaj Finserv'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.

Bajaj Finserv Price-to-Tangible-Book Chart

Bajaj Finserv Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.41

4.44

6.96

4.49

4.48

Bajaj Finserv 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															4.49	-	4.98	-	4.48

Competitive Comparison of Bajaj Finserv's Price-to-Tangible-Book

For the Financial Conglomerates subindustry, Bajaj Finserv'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.

Bajaj Finserv's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bajaj Finserv's Price-to-Tangible-Book distribution charts can be found below:

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

Bajaj Finserv Price-to-Tangible-Book Calculation

Bajaj Finserv's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1627.10	/	367.236
	=	4.43

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.

Bajaj Finserv Price-to-Tangible-Book Related Terms

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

Bajaj Finserv (BOM:532978) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bajaj Finserv Ltd (BOM:532978) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

BAJAJFINSV:India

Address

Off Pune-Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014

Website

https://www.bajajfinserv.in

Bajaj Finserv Ltd is a non-banking financial services company headquartered in India that engages in lending activities. It services six lending verticals: consumer, small and midsize enterprises, commercial, rural, deposits, and partnerships and services. Bajaj's consumer and rural lending consists of funding solutions for consumer durables, such as vehicles and furniture to personal loans. The commercial lending activities consist of funding for plant and machinery assets and term loans to SMEs. Its mortgage lending activities consist of loans for residential and commercial properties and developer financing, among others. The company operates in India, with most of its revenue coming from Premium and other operating income from the insurance business.

Bajaj Finserv (BOM:532978) Headlines

No Headlines