Latitude Group Holdings (ASX:LFS) Price-to-Tangible-Book : 2.60 (As of May. 20, 2025)

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What is Latitude Group Holdings Price-to-Tangible-Book?

As of today (2025-05-20), Latitude Group Holdings's share price is A$1.14. Latitude Group Holdings's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was A$0.44. Hence, Latitude Group Holdings's Price to Tangible Book Ratio of today is 2.60.

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

ASX:LFS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.31 Med: 2.7 Max: 4.05
Current: 2.59

During the past 5 years, Latitude Group Holdings's highest Price to Tangible Book Ratio was 4.05. The lowest was 2.31. And the median was 2.70.

ASX:LFS's Price-to-Tangible-Book is ranked worse than
78.44% of 501 companies
in the Credit Services industry
Industry Median: 1.12 vs ASX:LFS: 2.59

A closely related ratio is called PB Ratio. As of today, Latitude Group Holdings's share price is A$1.14. Latitude Group Holdings's Book Value per Sharefor the quarter that ended in Dec. 2024 was A$1.18. Hence, Latitude Group Holdings's P/B Ratio of today is 0.97.

Latitude Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Latitude Group Holdings'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.

Latitude Group Holdings Price-to-Tangible-Book Chart

Latitude Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

4.05

2.31

2.77

2.63

Latitude Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Price-to-Tangible-Book	Get a 7-Day Free Trial				2.31	3.05	2.77	2.75	2.63

Competitive Comparison of Latitude Group Holdings's Price-to-Tangible-Book

For the Credit Services subindustry, Latitude Group Holdings'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.

Latitude Group Holdings's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Latitude Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Latitude Group Holdings's Price-to-Tangible-Book falls into.

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Latitude Group Holdings Price-to-Tangible-Book Calculation

Latitude Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2024 )
	=	1.14	/	0.438
	=	2.60

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.

Latitude Group Holdings Price-to-Tangible-Book Related Terms

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

Latitude Group Holdings Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

130 Lonsdale Street, Level 18, Melbourne, VIC, AUS, 3000

Website

https://www.latitudefinancial.com.au

Latitude Group Holdings Ltd is engaged in the instalments and lending business. Its segments include Australia and New Zealand Pay (A&NZ Pay), Australia and New Zealand Money (A&NZ Money), and Other. The A&NZ Pay segment provides sales finance and credit cards. The A&NZ Money segment offers personal loans and motor loans. The Other segment includes other business activities. It provides payment and finance solutions to merchants and their customers. Customers are provided choice and flexibility, ranging from small everyday purchases to monthly or flexible payment plans for bigger purchases and travel credit cards. These services are offered in Australia, New Zealand, and Asia.