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Financiera IndependenciaB de CV Sofom E N R (Financiera IndependenciaB de CV Sofom E N R) Price-to-Tangible-Book : 0.32 (As of Jun. 03, 2024)


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What is Financiera IndependenciaB de CV Sofom E N R Price-to-Tangible-Book?

As of today (2024-06-03), Financiera IndependenciaB de CV Sofom E N R's share price is $0.31. Financiera IndependenciaB de CV Sofom E N R's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.96. Hence, Financiera IndependenciaB de CV Sofom E N R's Price to Tangible Book Ratio of today is 0.32.

The historical rank and industry rank for Financiera IndependenciaB de CV Sofom E N R's Price-to-Tangible-Book or its related term are showing as below:

FNCRF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.55   Med: 0.77   Max: 2.23
Current: 0.62

During the past 13 years, Financiera IndependenciaB de CV Sofom E N R's highest Price to Tangible Book Ratio was 2.23. The lowest was 0.55. And the median was 0.77.

FNCRF's Price-to-Tangible-Book is ranked better than
74.85% of 493 companies
in the Credit Services industry
Industry Median: 1.07 vs FNCRF: 0.62

A closely related ratio is called PB Ratio. As of today, Financiera IndependenciaB de CV Sofom E N R's share price is $0.31. Financiera IndependenciaB de CV Sofom E N R's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.96. Hence, Financiera IndependenciaB de CV Sofom E N R's P/B Ratio of today is 0.32.


Financiera IndependenciaB de CV Sofom E N R Price-to-Tangible-Book Historical Data

The historical data trend for Financiera IndependenciaB de CV Sofom E N R'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.

Financiera IndependenciaB de CV Sofom E N R Price-to-Tangible-Book Chart

Financiera IndependenciaB de CV Sofom E N R Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.42

Financiera IndependenciaB de CV Sofom E N R 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 0.50 0.46 0.44 0.42 0.32

Competitive Comparison of Financiera IndependenciaB de CV Sofom E N R's Price-to-Tangible-Book

For the Credit Services subindustry, Financiera IndependenciaB de CV Sofom E N R'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.


Financiera IndependenciaB de CV Sofom E N R's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Financiera IndependenciaB de CV Sofom E N R's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Financiera IndependenciaB de CV Sofom E N R's Price-to-Tangible-Book falls into.



Financiera IndependenciaB de CV Sofom E N R Price-to-Tangible-Book Calculation

Financiera IndependenciaB de CV Sofom E N R's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.31/0.959
=0.32

* 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.


Financiera IndependenciaB de CV Sofom E N R Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Financiera IndependenciaB de CV Sofom E N R's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Financiera IndependenciaB de CV Sofom E N R (Financiera IndependenciaB de CV Sofom E N R) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Prolongacion Paseo de la Reforma No. 600, Int. 420, Col. Santa Fe Pena Blanca, Mexico DF, MEX, 01210
Financiera Independencia SAB de CV Sofom E N R operates as a microfinance company. The company offers Credipopular for self-employed individuals, CrediMama for mothers with a child, CrediInmediato for employed individuals.

Financiera IndependenciaB de CV Sofom E N R (Financiera IndependenciaB de CV Sofom E N R) Headlines