What is Akme Fintrade (India) Book Value per Share?
Akme Fintrade (India)'s book value per share for the quarter that ended in Sep. 2024 was ₹83.65.
During the past 12 months, Akme Fintrade (India)'s average Book Value Per Share Growth Rate was 74.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Akme Fintrade (India) was 23.00% per year. The lowest was 23.00% per year. And the median was 23.00% per year.
During the past 4 years, the highest P/B Ratio of Akme Fintrade (India) was 2.48. The lowest was 1.09. And the median was 2.15.
Good Sign:
Akme Fintrade (India) Ltd stock PB Ratio (=1.12) is close to 1-year low of 1.12
Akme Fintrade (India) Book Value per Share Historical Data
The historical data trend for Akme Fintrade (India)'s Book Value 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.
Competitive Comparison of Akme Fintrade (India)'s Book Value per Share
For the Credit Services subindustry, Akme Fintrade (India)'s PB Ratio, along with its competitors' market caps and PB Ratio 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.
Akme Fintrade (India)'s PB Ratio Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Akme Fintrade (India)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where Akme Fintrade (India)'s PB Ratio falls into.
Akme Fintrade (India) Book Value per Share Calculation
Akme Fintrade (India)'s Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Akme Fintrade (India) (NSE:AFIL) Book Value 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.
Akme Fintrade (India) Book Value per Share Related Terms
Thank you for viewing the detailed overview of Akme Fintrade (India)'s Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
608, The Summit - Business Bay, behind Guru Nank Petrol Pump, Opposite Cinemax, Prakashwadi Andheri East, Mumbai, MH, IND, 400069
Website
Akme Fintrade (India) Ltd is a non-banking finance company. It is engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The company's portfolio includes Vehicle Finance and Business Finance Products to small business owners and has footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:AFIL has been successfully added to your