GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Vani Commercials Ltd (BOM:538918) » Definitions » Price-to-Tangible-Book

Vani Commercials (BOM:538918) Price-to-Tangible-Book : 0.88 (As of Jun. 23, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Vani Commercials Price-to-Tangible-Book?

As of today (2024-06-23), Vani Commercials's share price is ₹10.01. Vani Commercials's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹11.41. Hence, Vani Commercials's Price to Tangible Book Ratio of today is 0.88.

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

BOM:538918' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.18   Med: 0.83   Max: 5.24
Current: 0.88

During the past 11 years, Vani Commercials's highest Price to Tangible Book Ratio was 5.24. The lowest was 0.18. And the median was 0.83.

BOM:538918's Price-to-Tangible-Book is ranked better than
59.64% of 498 companies
in the Credit Services industry
Industry Median: 1.04 vs BOM:538918: 0.88

A closely related ratio is called PB Ratio. As of today, Vani Commercials's share price is ₹10.01. Vani Commercials's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹11.41. Hence, Vani Commercials's P/B Ratio of today is 0.88.


Vani Commercials Price-to-Tangible-Book Historical Data

The historical data trend for Vani Commercials'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.

Vani Commercials Price-to-Tangible-Book Chart

Vani Commercials 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 0.84 0.18 0.72 0.96 0.83

Vani Commercials 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 0.96 - 1.17 - 0.83

Competitive Comparison of Vani Commercials's Price-to-Tangible-Book

For the Credit Services subindustry, Vani Commercials'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.


Vani Commercials's Price-to-Tangible-Book Distribution in the Credit Services Industry

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

* The bar in red indicates where Vani Commercials's Price-to-Tangible-Book falls into.



Vani Commercials Price-to-Tangible-Book Calculation

Vani Commercials's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=10.01/11.413
=0.88

* 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.


Vani Commercials Price-to-Tangible-Book Related Terms

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


Vani Commercials (BOM:538918) Business Description

Traded in Other Exchanges
N/A
Address
162?A, Second fFloor, Sector?7, Dwarka, New Delhi, IND, 110045
Vani Commercials Ltd is an India-based non-banking finance company. Its product includes loans for the purchase of equipment and machinery, working capital loans, loans for business or capacity expansion, term loans against property, loans for the purchase of commercial property, and lease rental discounting. The company offers its lending services to Micro, Small, and Medium Enterprises. It derives key revenue from the Interest income.

Vani Commercials (BOM:538918) Headlines

No Headlines