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Equity Group Holdings (NAI:EQTY) Price-to-Tangible-Book : 0.90 (As of May. 26, 2024)


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What is Equity Group Holdings Price-to-Tangible-Book?

As of today (2024-05-26), Equity Group Holdings's share price is KES46.50. Equity Group Holdings's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was KES51.87. Hence, Equity Group Holdings's Price to Tangible Book Ratio of today is 0.90.

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

NAI:EQTY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66   Med: 1.56   Max: 3.44
Current: 0.9

During the past 13 years, Equity Group Holdings's highest Price to Tangible Book Ratio was 3.44. The lowest was 0.66. And the median was 1.56.

NAI:EQTY's Price-to-Tangible-Book is ranked better than
50.76% of 1442 companies
in the Banks industry
Industry Median: 0.92 vs NAI:EQTY: 0.90

A closely related ratio is called PB Ratio. As of today, Equity Group Holdings's share price is KES46.50. Equity Group Holdings's Book Value per Sharefor the quarter that ended in Mar. 2024 was KES55.88. Hence, Equity Group Holdings's P/B Ratio of today is 0.83.


Equity Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Equity Group Holdings'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.

Equity Group Holdings Price-to-Tangible-Book Chart

Equity Group Holdings 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 2.01 1.14 1.27 1.04 0.66

Equity Group Holdings 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 1.01 1.10 0.79 0.66 0.91

Competitive Comparison of Equity Group Holdings's Price-to-Tangible-Book

For the Banks - Regional subindustry, Equity Group Holdings'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.


Equity Group Holdings's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Equity Group Holdings's Price-to-Tangible-Book falls into.



Equity Group Holdings Price-to-Tangible-Book Calculation

Equity Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=46.50/51.87
=0.90

* 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.


Equity Group Holdings Price-to-Tangible-Book Related Terms

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


Equity Group Holdings (NAI:EQTY) Business Description

Traded in Other Exchanges
N/A
Address
Hospital Road, Upper Hill, 9th Floor, P.O.Box 75104, Equity Centre, Nairobi, KEN, 00200
Equity Group Holdings Ltd offers banking and financial services in Kenya. The company offers retail banking, microfinance, and related services. It operates in six geographical markets, Kenya, Uganda, South Sudan, Rwanda, Tanzania, and the Democratic Republic of Congo. The consumer business line focuses on salaried customers or customers receiving other regular remittances, such as the pension. The revenue is derived from Kenya. The firm offers Equity loans, Farm inputs, Mortgage loans, Asset finance loans, Trade finance, Development loan, and Business Loan.

Equity Group Holdings (NAI:EQTY) Headlines

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