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IIFL Finance (NSE:IIFL) PB Ratio : 1.58 (As of May. 02, 2024)


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What is IIFL 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 (2024-05-02), IIFL Finance's share price is ₹397.80. IIFL Finance's Book Value per Share for the quarter that ended in Dec. 2023 was ₹252.56. Hence, IIFL Finance's PB Ratio of today is 1.58.

Good Sign:

IIFL Finance Ltd stock PB Ratio (=1.63) is close to 3-year low of 1.58

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

NSE:IIFL' s PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.24   Max: 2.84
Current: 1.63

During the past 13 years, IIFL Finance's highest PB Ratio was 2.84. The lowest was 0.36. And the median was 1.24.

NSE:IIFL's PB Ratio is ranked worse than
67.12% of 511 companies
in the Credit Services industry
Industry Median: 1.04 vs NSE:IIFL: 1.63

During the past 12 months, IIFL Finance's average Book Value Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IIFL Finance was 141.60% per year. The lowest was -1.50% per year. And the median was 9.75% per year.

Back to Basics: PB Ratio


IIFL Finance PB Ratio Historical Data

The historical data trend for IIFL 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.

IIFL Finance PB Ratio Chart

IIFL Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 0.59 1.98 1.68 2.07

IIFL Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 2.07 - 2.30 -

Competitive Comparison of IIFL Finance's PB Ratio

For the Credit Services subindustry, IIFL 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.


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

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

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



IIFL 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=397.80/252.563
=1.58

* 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.


IIFL Finance  (NSE:IIFL) 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.


IIFL Finance PB Ratio Related Terms

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


IIFL Finance (NSE:IIFL) Business Description

Traded in Other Exchanges
Address
N.S. Phadke Marg, 802, 8 th Floor, Hub Town Solaris, Vijay Nagar, Andheri East, Mumbai, MH, IND, 400069
IIFL Finance Ltd and its subsidiaries provide financial services in India. The company is based in India and generates all revenue domestically. It operates under two primary business units: core products and synergistic products. Core products account for the firm's offerings of home loans, gold loans, business loans, and microfinance solutions. Synergistic products involve the company's operations in capital markets, construction, and real estate. Home loans and business loans together make up the operating component of its product offerings.

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