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Viji Finance (NSE:VIJIFIN) PB Ratio : 2.24 (As of Dec. 15, 2024)


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What is Viji Finance 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 (2024-12-15), Viji Finance's share price is ₹3.29. Viji Finance's Book Value per Share for the quarter that ended in Sep. 2024 was ₹1.47. Hence, Viji Finance's PB Ratio of today is 2.24.

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

NSE:VIJIFIN' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 2.07   Max: 18.35
Current: 2.38

During the past 13 years, Viji Finance's highest PB Ratio was 18.35. The lowest was 0.20. And the median was 2.07.

NSE:VIJIFIN's PB Ratio is ranked worse than
78.28% of 511 companies
in the Credit Services industry
Industry Median: 1.12 vs NSE:VIJIFIN: 2.38

During the past 12 months, Viji Finance's average Book Value Per Share Growth Rate was 35.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Viji Finance was 47.30% per year. The lowest was 2.90% per year. And the median was 5.20% per year.

Back to Basics: PB Ratio


Viji Finance PB Ratio Historical Data

The historical data trend for Viji Finance'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.

Viji Finance PB Ratio Chart

Viji Finance 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 0.20 0.52 2.73 1.45 2.26

Viji Finance 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 1.30 - 2.26 - 1.89

Competitive Comparison of Viji Finance's PB Ratio

For the Credit Services subindustry, Viji Finance'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.


Viji Finance's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Viji Finance's PB Ratio distribution charts can be found below:

* The bar in red indicates where Viji Finance's PB Ratio falls into.



Viji Finance 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.

Viji Finance's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=3.29/1.468
=2.24

* 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.


Viji Finance  (NSE:VIJIFIN) 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.


Viji Finance PB Ratio Related Terms

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


Viji Finance Business Description

Traded in Other Exchanges
Address
11/2, Jaora Compound, Usha Ganj, Indore, MP, IND, 452001
Viji Finance Ltd is a non-banking finance company operating in the business segment of Finance services. It generates revenue from the Interest and Financial Commission. The company's services include Corporate Finance, Infrastructure Finance, Retail loan, and Personal Finance. It serves individuals and corporations. The firm caters to individuals and corporations by providing them with customized financial products and services that give them access to low-cost finance.

Viji Finance Headlines

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