Housing Development Finance (BOM:500010) Price-to-Tangible-Book : 2.60 (As of May. 23, 2024)

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What is Housing Development Finance Price-to-Tangible-Book?

As of today (2024-05-23), Housing Development Finance's share price is ₹2747.00. Housing Development Finance's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹1,055.32. Hence, Housing Development Finance's Price to Tangible Book Ratio of today is 2.60.

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

BOM:500010' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.29 Med: 3.21 Max: 4.62
Current: 2.6

During the past 13 years, Housing Development Finance's highest Price to Tangible Book Ratio was 4.62. The lowest was 2.29. And the median was 3.21.

BOM:500010's Price-to-Tangible-Book is not ranked
in the Banks industry.
Industry Median: 0.93 vs BOM:500010: 2.60

A closely related ratio is called PB Ratio. As of today, Housing Development Finance's share price is ₹2747.00. Housing Development Finance's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹1,098.22. Hence, Housing Development Finance's P/B Ratio of today is 2.50.

Housing Development Finance Price-to-Tangible-Book Historical Data

The historical data trend for Housing Development Finance'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.

Housing Development Finance Price-to-Tangible-Book Chart

Housing Development Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.05

2.28

2.93

2.52

2.49

Housing Development Finance Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.52	-	2.35	-	2.49

Competitive Comparison of Housing Development Finance's Price-to-Tangible-Book

For the Mortgage Finance subindustry, Housing Development Finance'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.

Housing Development Finance's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Housing Development Finance's Price-to-Tangible-Book falls into.

Housing Development Finance Price-to-Tangible-Book Calculation

Housing Development Finance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	2747.00	/	1055.322
	=	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.

Housing Development Finance Price-to-Tangible-Book Related Terms

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

Housing Development Finance (BOM:500010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Housing Development Finance Corp Ltd (BOM:500010) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

HDFC House, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.hdfc.com

Housing Development Finance Corp Ltd provides housing finance services to customers in India, with a limited number of other international operations. The company is engaged in conservative lending practices through its retail mortgage business, while its customers are mostly first-time homebuyers. The initiation of housing loans, including home improvement and home extension loans, remains as the core business of the company. The company is also engaged in risk management strategies that include derivative securities. Its segments include Loans, Life Insurance, General Insurance, Asset Management, and Others. Geographically, it generates nearly all of its revenue from India.

Housing Development Finance (BOM:500010) Headlines

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