LIC Housing Finance (NSE:LICHSGFIN) Price-to-Tangible-Book : (As of Apr. 25, 2024)

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What is LIC Housing Finance Price-to-Tangible-Book?

As of today (2024-04-25), LIC Housing Finance's share price is ₹661.25. LIC Housing Finance's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, LIC Housing Finance's Price to Tangible Book Ratio of today is .

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

NSE:LICHSGFIN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 1.05 Max: 2.8
Current: 1.25

During the past 13 years, LIC Housing Finance's highest Price to Tangible Book Ratio was 2.80. The lowest was 0.65. And the median was 1.05.

NSE:LICHSGFIN's Price-to-Tangible-Book is ranked worse than
70.81% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs NSE:LICHSGFIN: 1.25

A closely related ratio is called PB Ratio. As of today, LIC Housing Finance's share price is ₹661.25. LIC Housing Finance's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, LIC Housing Finance's P/B Ratio of today is .

LIC Housing Finance Price-to-Tangible-Book Historical Data

The historical data trend for LIC Housing Finance'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.

LIC Housing Finance Price-to-Tangible-Book Chart

LIC Housing Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.64

0.65

1.05

0.80

0.67

LIC Housing Finance 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															-	0.67	-	0.87	-

Competitive Comparison of LIC Housing Finance's Price-to-Tangible-Book

For the Mortgage Finance subindustry, LIC Housing Finance'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.

LIC Housing Finance's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, LIC Housing Finance's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where LIC Housing Finance's Price-to-Tangible-Book falls into.

LIC Housing Finance Price-to-Tangible-Book Calculation

LIC Housing Finance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	661.25	/	0
	=

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.

LIC Housing Finance Price-to-Tangible-Book Related Terms

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

LIC Housing Finance (NSE:LICHSGFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LIC Housing Finance Ltd (NSE:LICHSGFIN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

500253:India

Address

131 Maker Tower, F Premises, 13th Floor, Cuffe Parade, Mumbai, MH, IND, 400 005

Website

https://www.lichousing.com

LIC Housing Finance Ltd is a housing finance company that provides loans, primarily in India. Its main objective is to provide long-term finance to individuals for residential purchases or construction. LIC Housing provides a wide range of loan products to individuals and also provides commercial financing for corporations and building developers. These activities include senior housing, marketing of financial services, and investment management.

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