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Bandhan Bank (NSE:BANDHANBNK) PB Ratio : 1.15 (As of Dec. 14, 2024)


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What is Bandhan Bank PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), Bandhan Bank's share price is ₹169.73. Bandhan Bank's Book Value per Share for the quarter that ended in Sep. 2024 was ₹147.21. Hence, Bandhan Bank's PB Ratio of today is 1.15.

Good Sign:

Bandhan Bank Ltd stock PB Ratio (=1.2) is close to 10-year low of 1.14

The historical rank and industry rank for Bandhan Bank's PB Ratio or its related term are showing as below:

NSE:BANDHANBNK' s PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.95   Max: 8.5
Current: 1.2

During the past 10 years, Bandhan Bank's highest PB Ratio was 8.50. The lowest was 1.14. And the median was 2.95.

NSE:BANDHANBNK's PB Ratio is ranked worse than
68.98% of 1528 companies
in the Banks industry
Industry Median: 0.935 vs NSE:BANDHANBNK: 1.20

During the past 12 months, Bandhan Bank's average Book Value Per Share Growth Rate was 14.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.50% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Bandhan Bank was 158.00% per year. The lowest was 4.70% per year. And the median was 11.20% per year.

Back to Basics: PB Ratio


Bandhan Bank PB Ratio Historical Data

The historical data trend for Bandhan Bank's PB Ratio 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.

Bandhan Bank PB Ratio Chart

Bandhan Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 3.14 2.85 1.61 1.34

Bandhan Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.95 - 1.34 - 1.35

Competitive Comparison of Bandhan Bank's PB Ratio

For the Banks - Regional subindustry, Bandhan Bank'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.


Bandhan Bank's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bandhan Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bandhan Bank's PB Ratio falls into.



Bandhan Bank PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Bandhan Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=169.73/147.208
=1.15

* 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.

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

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Bandhan Bank  (NSE:BANDHANBNK) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Bandhan Bank PB Ratio Related Terms

Thank you for viewing the detailed overview of Bandhan Bank's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bandhan Bank Business Description

Traded in Other Exchanges
Address
Adventz Infinity 5, Salt Lake City, BN 5, Sector V, 12th to 14th Floor, Kolkata, WB, IND, 700 091
Bandhan Bank Ltd provides banking services. It offers a variety of asset and liability products and services designed for micro banking and general banking. The bank's operating segments are Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. Its treasury operations include investments in sovereign securities and trading operations, Retail banking includes lending to individuals/small businesses along with liability products, card services, internet banking, mobile banking, ATM services, and NRI services. The corporate/Wholesale segment includes corporate relationships not included in Retail Banking and Other segments include para-banking activities. It generates a majority of its revenue from the retail banking segment.

Bandhan Bank Headlines

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