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Grupo Financiero Galicia (Grupo Financiero Galicia) Price-to-Tangible-Book : 1.34 (As of Apr. 27, 2024)


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What is Grupo Financiero Galicia Price-to-Tangible-Book?

As of today (2024-04-27), Grupo Financiero Galicia's share price is $30.70. Grupo Financiero Galicia's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $22.91. Hence, Grupo Financiero Galicia's Price to Tangible Book Ratio of today is 1.34.

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

GGAL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52   Med: 2.66   Max: 4.35
Current: 2.59

During the past 13 years, Grupo Financiero Galicia's highest Price to Tangible Book Ratio was 4.35. The lowest was 0.52. And the median was 2.66.

GGAL's Price-to-Tangible-Book is ranked worse than
93.54% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs GGAL: 2.59

A closely related ratio is called PB Ratio. As of today, Grupo Financiero Galicia's share price is $30.70. Grupo Financiero Galicia's Book Value per Sharefor the quarter that ended in Sep. 2023 was $24.40. Hence, Grupo Financiero Galicia's P/B Ratio of today is 1.26.


Grupo Financiero Galicia Price-to-Tangible-Book Historical Data

The historical data trend for Grupo Financiero Galicia'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.

Grupo Financiero Galicia Price-to-Tangible-Book Chart

Grupo Financiero Galicia 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 0.97 0.41 0.26 0.42 0.48

Grupo Financiero Galicia 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 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 0.42 0.45 0.73 0.57 0.48

Competitive Comparison of Grupo Financiero Galicia's Price-to-Tangible-Book

For the Banks - Regional subindustry, Grupo Financiero Galicia'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.


Grupo Financiero Galicia's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grupo Financiero Galicia's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Grupo Financiero Galicia's Price-to-Tangible-Book falls into.



Grupo Financiero Galicia Price-to-Tangible-Book Calculation

Grupo Financiero Galicia's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=30.70/22.91
=1.34

* 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.


Grupo Financiero Galicia Price-to-Tangible-Book Related Terms

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


Grupo Financiero Galicia (Grupo Financiero Galicia) Business Description

Traded in Other Exchanges
Address
Tte. Gral. Juan D. Peron 430, 25th Floor, Buenos Aires, ARG, C1038 AAJ
Grupo Financiero Galicia SA is a financial service holding company. It provides general banking services, proprietary brand credit card services, personal loans, insurance, and other services. The company's operating business segments are Banks, Ecosistema Naranja X, Insurance, Adjustments, and Other Businesses. It generates maximum revenue from Banks. Geographically its operate in Argentina, Uruguay, and the majority of its revenue comes from Argentina.

Grupo Financiero Galicia (Grupo Financiero Galicia) Headlines

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