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Bank of India (NSE:BANKINDIA) Price-to-Tangible-Book : 0.99 (As of May. 06, 2024)


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What is Bank of India Price-to-Tangible-Book?

As of today (2024-05-06), Bank of India's share price is ₹149.80. Bank of India's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹151.41. Hence, Bank of India's Price to Tangible Book Ratio of today is 0.99.

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

NSE:BANKINDIA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23   Med: 0.43   Max: 0.99
Current: 0.99

During the past 13 years, Bank of India's highest Price to Tangible Book Ratio was 0.99. The lowest was 0.23. And the median was 0.43.

NSE:BANKINDIA's Price-to-Tangible-Book is ranked worse than
54.83% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs NSE:BANKINDIA: 0.99

A closely related ratio is called PB Ratio. As of today, Bank of India's share price is ₹149.80. Bank of India's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹151.41. Hence, Bank of India's P/B Ratio of today is 0.99.


Bank of India Price-to-Tangible-Book Historical Data

The historical data trend for Bank of India'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.

Bank of India Price-to-Tangible-Book Chart

Bank of India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.23 0.44 0.34 0.52

Bank of India Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.34 0.61 0.52 0.72 0.74

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

For the Banks - Regional subindustry, Bank of India'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.


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

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

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



Bank of India Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=149.80/151.409
=0.99

* 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.


Bank of India Price-to-Tangible-Book Related Terms

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


Bank of India (NSE:BANKINDIA) Business Description

Traded in Other Exchanges
Address
Star House, C-5, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Bank of India Limited is a provider of banking products and services headquartered in Mumbai, India. The bank provides services within India and internationally, and generates the majority of revenue domestically. Structurally, the bank is organised into three segments. Treasury operations deals in government securities, money market and foreign exchange transactions. Wholesale banking operations offers loans, trade finance, project finance, syndication, mutual funds and portfolio management. Retail banking operations include home, education and personal loans, savings and current accounts, overdrafts and deposits.

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