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ASA International GroupLSE:ASAI 78 Price-to-Tangible-Book is 2.17 as of Sep. 01, 2026. GuruFocus rates LSE:ASAI with a GF Score™ of 78/100 and a GF Value™ of £1.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 510 Credit Services companies, ASA International Group ranks worse than 75.49% on this metric.
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.
ASA International Group Price-to-Tangible-Book Related Terms
ASA International Group Price-to-Tangible-Book Historical Data
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The historical data trend for ASA International 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.
ASA International Group Price-to-Tangible-Book Chart
LSE:ASAI vs V, MA, AXP: Price-to-Tangible-Book Comparison
For the Credit Services subindustry, ASA International 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.
ASA International Group Price-to-Tangible-Book vs Credit Services Industry
For the Credit Services industry and Financial Services sector, ASA International Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ASA International Group's Price-to-Tangible-Book falls into.
* 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.
ASA International Group (LSE:ASAI) has a Price-to-Tangible-Book of 2.17 as of Sep. 01, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on ASA International Group and its competitors. According to the industry distribution chart, ASA International Group ranks #385 out of 510 companies in the Credit Services industry, placing it in the top 75.5%.
Is ASA International Group's Price-to-Tangible-Book too high?
ASA International Group's current Price-to-Tangible-Book is 2.17. The Credit Services industry median Price-to-Tangible-Book is 1.10. ASA International Group's value of 2.17 is 97.3% above this industry median. Based on the distribution chart, ASA International Group ranks #385 out of 510 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, ASA International Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASA International Group's Price-to-Tangible-Book compare to V and MA?
According to the Credit Services industry distribution chart, ASA International Group ranks #385 out of 510 companies for Price-to-Tangible-Book. This places ASA International Group in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.10. ASA International Group's value of 2.17 is 97.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Credit Services company?
The median Price-to-Tangible-Book among Credit Services companies is 1.10, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASA International Group's current Price-to-Tangible-Book of 2.17 is 97.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on ASA International Group and its competitors. For the Credit Services industry, the median Price-to-Tangible-Book is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASA International Group's current Price-to-Tangible-Book is 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASA International Group stock overvalued right now?
Based on GuruFocus' analysis, ASA International Group (LSE:ASAI) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.53, compared to a current price of £2.46 — trading 60.8% above its estimated fair value. The current Price-to-Tangible-Book is 2.17 and 97.3% above the Credit Services industry median of 1.10. ASA International Group's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For ASA International Group (LSE:ASAI), the current Price-to-Tangible-Book is 2.17 as of Sep. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ASA International Group (LSE:ASAI) Overvalued in 2026?
Based on GuruFocus' analysis, ASA International Group stock appears to be overvalued.
The current stock price of £2.46 is trading 60.8% above its estimated GF Value™ of £1.53.
GuruFocus considers ASA International Group to be Significantly Overvalued.
Key valuation signals for LSE:ASAI:
Price-to-Tangible-Book: 2.17
GF Value™: £1.53 vs. price of £2.46 (60.8% above fair value)
Industry Position: 97.3% above the Credit Services median (#385 of 510)
No single metric tells the full story. See the LSE:ASAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASA International Group PLC is an international micro-finance institution that aims to enhance financial inclusion among low-income populations throughout Asia and Africa. Its geographical segments include West Africa, which includes Ghana, Nigeria, Sierra Leone; East Africa, which includes Kenya, Uganda, Tanzania, Rwanda; South Asia, which includes India, Pakistan, Sri Lanka; South East Asia, which includes Myanmar, Philippines, and Holding & other non-operating entities, which includes holding entities and other entities without microfinance activities.
78GF Score
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