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Kotak Mahindra Bank (NSE:KOTAKBANK) Price-to-Tangible-Book : 2.54 (As of May. 14, 2024)


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What is Kotak Mahindra Bank Price-to-Tangible-Book?

As of today (2024-05-14), Kotak Mahindra Bank's share price is ₹1646.30. Kotak Mahindra Bank's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹649.04. Hence, Kotak Mahindra Bank's Price to Tangible Book Ratio of today is 2.54.

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

NSE:KOTAKBANK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.51   Med: 3.9   Max: 4.58
Current: 2.53

During the past 13 years, Kotak Mahindra Bank's highest Price to Tangible Book Ratio was 4.58. The lowest was 2.51. And the median was 3.90.

NSE:KOTAKBANK's Price-to-Tangible-Book is ranked worse than
93.12% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs NSE:KOTAKBANK: 2.53

A closely related ratio is called PB Ratio. As of today, Kotak Mahindra Bank's share price is ₹1646.30. Kotak Mahindra Bank's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹653.81. Hence, Kotak Mahindra Bank's P/B Ratio of today is 2.52.


Kotak Mahindra Bank Price-to-Tangible-Book Historical Data

The historical data trend for Kotak Mahindra Bank'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.

Kotak Mahindra Bank Price-to-Tangible-Book Chart

Kotak Mahindra Bank 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 3.77 4.16 3.63 3.10 2.75

Kotak Mahindra Bank 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 3.10 - 2.87 - 2.75

Competitive Comparison of Kotak Mahindra Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, Kotak Mahindra Bank'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.


Kotak Mahindra Bank's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kotak Mahindra Bank's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kotak Mahindra Bank's Price-to-Tangible-Book falls into.



Kotak Mahindra Bank Price-to-Tangible-Book Calculation

Kotak Mahindra Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1646.30/649.04
=2.54

* 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.


Kotak Mahindra Bank Price-to-Tangible-Book Related Terms

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


Kotak Mahindra Bank (NSE:KOTAKBANK) Business Description

Traded in Other Exchanges
Address
27BKC, C-27, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Kotak Mahindra Bank Ltd is an Indian banking and finance group offering personal finance solutions, transaction banking, operating lending verticals, managing IPOs, and providing working capital loans. The company's operating segment includes Treasury, (Balance Sheet Management Unit)BMU and Corporate Centre, Retail Banking, Corporate/Wholesale Banking, Vehicle Financing, Other Lending Activities, Broking, Advisory and Transactional Services, Asset Management, and Insurance. It generates the highest revenue from the Retail Banking segment. Some of its services include Savings Account, Safe Deposit Locker, Recurring Deposit, Sweep-In Facility, Debit and Credit Cards, Home Loan, Education Loan, Loan Against Securities, Life Insurance, Portfolio Management Service and others.

Kotak Mahindra Bank (NSE:KOTAKBANK) Headlines

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