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CreditAccess Grameen (BOM:541770) Price-to-Tangible-Book : 2.19 (As of Dec. 13, 2024)


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What is CreditAccess Grameen Price-to-Tangible-Book?

As of today (2024-12-13), CreditAccess Grameen's share price is ₹893.85. CreditAccess Grameen's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ₹407.83. Hence, CreditAccess Grameen's Price to Tangible Book Ratio of today is 2.19.

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

BOM:541770' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.9   Med: 3.44   Max: 4.47
Current: 2.19

During the past 12 years, CreditAccess Grameen's highest Price to Tangible Book Ratio was 4.47. The lowest was 1.90. And the median was 3.44.

BOM:541770's Price-to-Tangible-Book is ranked worse than
74.15% of 499 companies
in the Credit Services industry
Industry Median: 1.23 vs BOM:541770: 2.19

A closely related ratio is called PB Ratio. As of today, CreditAccess Grameen's share price is ₹893.85. CreditAccess Grameen's Book Value per Sharefor the quarter that ended in Sep. 2024 was ₹438.25. Hence, CreditAccess Grameen's P/B Ratio of today is 2.04.


CreditAccess Grameen Price-to-Tangible-Book Historical Data

The historical data trend for CreditAccess Grameen'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.

CreditAccess Grameen Price-to-Tangible-Book Chart

CreditAccess Grameen 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 2.17 3.11 3.63 3.16 3.78

CreditAccess Grameen Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.96 - 3.78 - 2.94

Competitive Comparison of CreditAccess Grameen's Price-to-Tangible-Book

For the Credit Services subindustry, CreditAccess Grameen'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.


CreditAccess Grameen's Price-to-Tangible-Book Distribution in the Credit Services Industry

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

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



CreditAccess Grameen Price-to-Tangible-Book Calculation

CreditAccess Grameen's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=893.85/407.83
=2.19

* 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.


CreditAccess Grameen Price-to-Tangible-Book Related Terms

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


CreditAccess Grameen Business Description

Traded in Other Exchanges
Address
No. 49, 46th Cross, 8th Block, Jayanagar, Next to Rajalakshmi Kalayana Mantap, Bengaluru, KA, IND, 560070
CreditAccess Grameen Ltd provides financial and non-financial products and services. The company is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. The only operating segment of the company is lending to members. Geographically, it operates only in India. The company's financial product includes Income generation loans, Home improvement loans, Emergency loans, Family welfare loans, Gruha Vikas loans, Grameen Swarna loans, Grameen Vikas loans, Life insurance, and others.

CreditAccess Grameen Headlines

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