Lease IT PCL (BKK:LIT) Price-to-Tangible-Book : 0.57 (As of May. 02, 2024)

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What is Lease IT PCL Price-to-Tangible-Book?

As of today (2024-05-02), Lease IT PCL's share price is ฿1.23. Lease IT PCL's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ฿2.15. Hence, Lease IT PCL's Price to Tangible Book Ratio of today is 0.57.

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

BKK:LIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.47 Med: 1.02 Max: 5
Current: 0.57

During the past 13 years, Lease IT PCL's highest Price to Tangible Book Ratio was 5.00. The lowest was 0.47. And the median was 1.02.

BKK:LIT's Price-to-Tangible-Book is ranked better than
77.98% of 495 companies
in the Credit Services industry
Industry Median: 1.08 vs BKK:LIT: 0.57

A closely related ratio is called PB Ratio. As of today, Lease IT PCL's share price is ฿1.23. Lease IT PCL's Book Value per Sharefor the quarter that ended in Dec. 2023 was ฿2.24. Hence, Lease IT PCL's P/B Ratio of today is 0.55.

Lease IT PCL Price-to-Tangible-Book Historical Data

The historical data trend for Lease IT PCL'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.

Lease IT PCL Price-to-Tangible-Book Chart

Lease IT PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.89

0.74

0.59

0.76

0.47

Lease IT PCL 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															0.76	0.66	0.54	0.54	0.47

Competitive Comparison of Lease IT PCL's Price-to-Tangible-Book

For the Credit Services subindustry, Lease IT PCL'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.

Lease IT PCL's Price-to-Tangible-Book Distribution in the Credit Services Industry

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

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

Lease IT PCL Price-to-Tangible-Book Calculation

Lease IT PCL's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.23	/	2.154
	=	0.57

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Lease IT PCL Price-to-Tangible-Book Related Terms

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

Lease IT PCL (BKK:LIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lease IT PCL (BKK:LIT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama III Road, 1023 MS Siam Tower, 29th Floor, Chongnonsi, Yannawa, Bangkok, THA, 10120

Website

https://www.leaseit.co.th

Lease IT PCL is a Thailand-based company engaged in providing financial services in the form of hire-purchase, leasing, factoring services, and loans. It is organized into three business segments based on its services such as Lending business in term of hire-purchase, financial leases, factoring from selling and service, loans and sales of goods, Providing the data information and credit analysis included the project management and online shopping service platform with installment payment. It generates maximum revenue from financial services.