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Octal Credit Capital (BOM:538894) Price-to-Tangible-Book : 0.58 (As of Jun. 24, 2024)


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What is Octal Credit Capital Price-to-Tangible-Book?

As of today (2024-06-24), Octal Credit Capital's share price is ₹21.80. Octal Credit Capital's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹37.90. Hence, Octal Credit Capital's Price to Tangible Book Ratio of today is 0.58.

The historical rank and industry rank for Octal Credit Capital's Price-to-Tangible-Book or its related term are showing as below:

BOM:538894' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.2   Med: 0.62   Max: 2.04
Current: 0.58

During the past 11 years, Octal Credit Capital's highest Price to Tangible Book Ratio was 2.04. The lowest was 0.20. And the median was 0.62.

BOM:538894's Price-to-Tangible-Book is ranked better than
77.91% of 498 companies
in the Credit Services industry
Industry Median: 1.04 vs BOM:538894: 0.58

A closely related ratio is called PB Ratio. As of today, Octal Credit Capital's share price is ₹21.80. Octal Credit Capital's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹37.90. Hence, Octal Credit Capital's P/B Ratio of today is 0.58.


Octal Credit Capital Price-to-Tangible-Book Historical Data

The historical data trend for Octal Credit Capital'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.

Octal Credit Capital Price-to-Tangible-Book Chart

Octal Credit Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.20 1.42 0.74 0.49

Octal Credit Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 0.74 - 0.57 - 0.49

Competitive Comparison of Octal Credit Capital's Price-to-Tangible-Book

For the Credit Services subindustry, Octal Credit Capital'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.


Octal Credit Capital's Price-to-Tangible-Book Distribution in the Credit Services Industry

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

* The bar in red indicates where Octal Credit Capital's Price-to-Tangible-Book falls into.



Octal Credit Capital Price-to-Tangible-Book Calculation

Octal Credit Capital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=21.80/37.897
=0.58

* 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 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.


Octal Credit Capital Price-to-Tangible-Book Related Terms

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


Octal Credit Capital (BOM:538894) Business Description

Traded in Other Exchanges
N/A
Address
16A, Shakespeare Sarani, Unit II, 2nd Floor, Kolkata, WB, IND, 700 071
Octal Credit Capital Ltd is a non-banking financial company. The company provides financial services which include loans, financing and trading in shares and securities, investment and trading in mutual funds, corporate loans, and personal loans. The company has two operating segments Financing Activity and Trading in Shares and Security/Investment Activity. The company generates maximum revenue from the Trading in Shares and Security/Investment Activity segment.

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