Credit Group (FRA:2RC) Price-to-Tangible-Book : 1.24 (As of May. 28, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Credit Group Price-to-Tangible-Book?

As of today (2024-05-28), Credit Group's share price is €8.35. Credit Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €6.73. Hence, Credit Group's Price to Tangible Book Ratio of today is 1.24.

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

FRA:2RC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27 Med: 2.98 Max: 4.02
Current: 1.27

During the past 13 years, Credit Group's highest Price to Tangible Book Ratio was 4.02. The lowest was 1.27. And the median was 2.98.

FRA:2RC's Price-to-Tangible-Book is ranked worse than
58.47% of 496 companies
in the Credit Services industry
Industry Median: 1.06 vs FRA:2RC: 1.27

A closely related ratio is called PB Ratio. As of today, Credit Group's share price is €8.35. Credit Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was €6.86. Hence, Credit Group's P/B Ratio of today is 1.22.

Credit Group Price-to-Tangible-Book Historical Data

The historical data trend for Credit Group'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.

Credit Group Price-to-Tangible-Book Chart

Credit Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.12

1.74

2.96

1.82

1.63

Credit Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.31	1.82	1.68	1.63	1.46

Competitive Comparison of Credit Group's Price-to-Tangible-Book

For the Credit Services subindustry, Credit Group'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.

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

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

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

Credit Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	8.35	/	6.727
	=	1.24

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.

Credit Group Price-to-Tangible-Book Related Terms

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

Credit Group (FRA:2RC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Corp Group Ltd (FRA:2RC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CCP:Australia

Address

201 Kent Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.creditcorp.com.au

Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.

Credit Group (FRA:2RC) Headlines

No Headlines