HDFC Bank (HDFC Bank) Price-to-Tangible-Book

: 2.82 (As of Today)

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As of today (2024-04-23), HDFC Bank's share price is $58.45. HDFC Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $20.76. Hence, HDFC Bank's Price to Tangible Book Ratio of today is 2.82.

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

HDB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.6 Med: 3.85 Max: 4.56
Current: 2.63

During the past 13 years, HDFC Bank's highest Price to Tangible Book Ratio was 4.56. The lowest was 2.60. And the median was 3.85.

HDB's Price-to-Tangible-Book is ranked worse than
93.68% of 1440 companies
in the Banks industry
Industry Median: 0.92 vs HDB: 2.63

A closely related ratio is called PB Ratio. As of today, HDFC Bank's share price is $58.45. HDFC Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was $20.76. Hence, HDFC Bank's P/B Ratio of today is 2.82.

HDFC Bank Price-to-Tangible-Book Historical Data

The historical data trend for HDFC Bank'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.

HDFC Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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4.69

2.88

4.99

3.55

3.60

HDFC Bank Quarterly Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Dec22	Mar23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.55	3.44	-	3.60	3.23

Competitive Comparison

For the Banks - Regional subindustry, HDFC Bank'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.

HDFC Bank Price-to-Tangible-Book Distribution

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

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

HDFC Bank Price-to-Tangible-Book Calculation

HDFC Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	58.45	/	20.756
	=	2.82

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.

HDFC Bank Price-to-Tangible-Book Related Terms

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

HDFC Bank (HDFC Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HDFC Bank Ltd (NYSE:HDB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

HDB:Mexico HDFCBANK:India 500180:India HDFA:Germany HDFA:Germany H1DB34:Brazil HDB:Argentina

Address

Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.hdfcbank.com

HDFC Bank Ltd is a large, publicly traded Indian bank. There are three units: retail banking, wholesale banking, and treasury. Retail banking services are offered through numerous branches and ATMs. Wholesale focuses on Indian corporations, and the treasury unit offers risk-management services, such as foreign exchange trading.