FinVolution Group (FinVolution Group) Price-to-Tangible-Book : 0.70 (As of Apr. 27, 2024)

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What is FinVolution Group Price-to-Tangible-Book?

As of today (2024-04-27), FinVolution Group's share price is $4.89. FinVolution Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.97. Hence, FinVolution Group's Price to Tangible Book Ratio of today is 0.70.

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

FINV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6 Med: 0.83 Max: 4.02
Current: 0.7

During the past 9 years, FinVolution Group's highest Price to Tangible Book Ratio was 4.02. The lowest was 0.60. And the median was 0.83.

FINV's Price-to-Tangible-Book is ranked better than
69.9% of 495 companies
in the Credit Services industry
Industry Median: 1.07 vs FINV: 0.70

A closely related ratio is called PB Ratio. As of today, FinVolution Group's share price is $4.89. FinVolution Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.04. Hence, FinVolution Group's P/B Ratio of today is 0.69.

FinVolution Group Price-to-Tangible-Book Historical Data

The historical data trend for FinVolution Group'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.

FinVolution Group Price-to-Tangible-Book Chart

FinVolution Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.73

0.60

0.86

0.80

0.72

FinVolution Group 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															0.80	0.65	0.72	0.76	0.70

Competitive Comparison of FinVolution Group's Price-to-Tangible-Book

For the Credit Services subindustry, FinVolution Group'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.

FinVolution Group's Price-to-Tangible-Book Distribution in the Credit Services Industry

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

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

FinVolution Group Price-to-Tangible-Book Calculation

FinVolution Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4.89	/	6.966
	=	0.70

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.

FinVolution Group Price-to-Tangible-Book Related Terms

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

FinVolution Group (FinVolution Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FinVolution Group (NYSE:FINV) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PP3:Germany

Address

No. 999 Dangui Road, Building G1, Pudong New District, Shanghai, CHN, 201203

Website

https://www.finvgroup.com

FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company provides investors with an opportunity to invest in emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers. The Group's long-lived assets are located in the PRC and its revenues are derived from within the PRC.