India Lease Development (BOM:500202) Tangible Book per Share

: ₹0.00 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. India Lease Development's tangible book value per share for the quarter that ended in Dec. 2023 was ₹0.00.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.

India Lease Development Tangible Book per Share Historical Data

The historical data trend for India Lease Development's Tangible Book per Share 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.

India Lease Development Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tangible Book per Share

6.29

6.32

7.20

7.27

7.61

India Lease Development Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tangible Book per Share																-	7.61	-	7.57	-

Competitive Comparison

For the Credit Services subindustry, India Lease Development'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.

India Lease Development Price-to-Tangible-Book Distribution

For the Credit Services industry and Financial Services sector, India Lease Development's Price-to-Tangible-Book distribution charts can be found below:

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

India Lease Development Tangible Book per Share Calculation

India Lease Development's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(111.856	-	0	-	0)	/	14.7003
	=	7.61

India Lease Development's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(0	-	0	-	0)	/	14.7003
	=	0.00

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.

India Lease Development (BOM:500202) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

India Lease Development Tangible Book per Share Related Terms

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

India Lease Development (BOM:500202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » India Lease Development Ltd (BOM:500202) » Definitions » Tangible Book per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

4/17-B, Asaf Ali Road, MGF House, New Delhi, IND, 110002

Website

http://www.indialease.com

India Lease Development Ltd is a non-banking finance company. The company provides finance by way of hire purchase and leasing operations. It derives revenue from Interest Income.

India Lease Development (BOM:500202) Headlines

No Headlines