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Dhanlaxmi Bank (BOM:532180) Price-to-Tangible-Book : 1.04 (As of May. 25, 2024)


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What is Dhanlaxmi Bank Price-to-Tangible-Book?

As of today (2024-05-25), Dhanlaxmi Bank's share price is ₹42.39. Dhanlaxmi Bank's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹40.70. Hence, Dhanlaxmi Bank's Price to Tangible Book Ratio of today is 1.04.

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

BOM:532180' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25   Med: 0.64   Max: 1.04
Current: 1.04

During the past 13 years, Dhanlaxmi Bank's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.25. And the median was 0.64.

BOM:532180's Price-to-Tangible-Book is ranked worse than
58.32% of 1442 companies
in the Banks industry
Industry Median: 0.92 vs BOM:532180: 1.04

A closely related ratio is called PB Ratio. As of today, Dhanlaxmi Bank's share price is ₹42.39. Dhanlaxmi Bank's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹40.70. Hence, Dhanlaxmi Bank's P/B Ratio of today is 1.04.


Dhanlaxmi Bank Price-to-Tangible-Book Historical Data

The historical data trend for Dhanlaxmi Bank'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.

Dhanlaxmi Bank Price-to-Tangible-Book Chart

Dhanlaxmi Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.43 0.35 0.38 1.01

Dhanlaxmi Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 0.38 0.72 0.76 1.01

Competitive Comparison of Dhanlaxmi Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Dhanlaxmi Bank'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.


Dhanlaxmi Bank's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Dhanlaxmi Bank Price-to-Tangible-Book Calculation

Dhanlaxmi Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=42.39/40.7
=1.04

* 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.


Dhanlaxmi Bank Price-to-Tangible-Book Related Terms

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


Dhanlaxmi Bank (BOM:532180) Business Description

Traded in Other Exchanges
Address
Punkunnam, Thrissur, Thrissur, KL, IND, 680 002
Dhanlaxmi Bank Ltd provides various banking and financial services in India. The bank operates through four segments. Its Treasury operations segment consists of interest earnings on the investment portfolio of the bank, gains or losses on investment operations, and earnings from foreign exchange business. The Corporate and wholesale banking segment offers loans and other banking services to the corporate segment. Its Retail Banking segment renders loans and other banking services to non-corporate customers. The Other banking operations segment includes income from para-banking activities such as debit cards, third-party product distribution, and associated costs. All the operations of the bank are located in India. The retail banking segment generates the highest revenue.

Dhanlaxmi Bank (BOM:532180) Headlines

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