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BFL Asset Finvest (BOM:539662) Price-to-Tangible-Book : 1.17 (As of Jun. 23, 2024)


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What is BFL Asset Finvest Price-to-Tangible-Book?

As of today (2024-06-23), BFL Asset Finvest's share price is ₹16.68. BFL Asset Finvest's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹14.27. Hence, BFL Asset Finvest's Price to Tangible Book Ratio of today is 1.17.

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

BOM:539662' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.99   Med: 5.98   Max: 10.11
Current: 1.17

During the past 10 years, BFL Asset Finvest's highest Price to Tangible Book Ratio was 10.11. The lowest was 0.99. And the median was 5.98.

BOM:539662's Price-to-Tangible-Book is ranked better than
54.72% of 731 companies
in the Capital Markets industry
Industry Median: 1.33 vs BOM:539662: 1.17

A closely related ratio is called PB Ratio. As of today, BFL Asset Finvest's share price is ₹16.68. BFL Asset Finvest's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹14.27. Hence, BFL Asset Finvest's P/B Ratio of today is 1.17.


BFL Asset Finvest Price-to-Tangible-Book Historical Data

The historical data trend for BFL Asset Finvest'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.

BFL Asset Finvest Price-to-Tangible-Book Chart

BFL Asset Finvest 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 7.19 8.46 10.11 0.99 1.18

BFL Asset Finvest Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 0.99 1.03 - 1.18

Competitive Comparison of BFL Asset Finvest's Price-to-Tangible-Book

For the Capital Markets subindustry, BFL Asset Finvest'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.


BFL Asset Finvest's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BFL Asset Finvest's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where BFL Asset Finvest's Price-to-Tangible-Book falls into.



BFL Asset Finvest Price-to-Tangible-Book Calculation

BFL Asset Finvest's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=16.68/14.271
=1.17

* 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.


BFL Asset Finvest Price-to-Tangible-Book Related Terms

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


BFL Asset Finvest (BOM:539662) Business Description

Traded in Other Exchanges
N/A
Address
Ajmer Road, 1, Tara Nagar, Jaipur, RJ, IND, 302006
BFL Asset Finvest Ltd is an Indian company that operates in finance sector. The company deals in shares and securities, other finances, investments, and futures and options. While the majority of the revenue is earned from sale of share and securities.

BFL Asset Finvest (BOM:539662) Headlines

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