Shriram Finance (NSE:SHRIRAMFIN) Price-to-Tangible-Book : 1.95 (As of May. 25, 2024)

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What is Shriram Finance Price-to-Tangible-Book?

As of today (2024-05-25), Shriram Finance's share price is ₹2397.50. Shriram Finance's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹1,228.64. Hence, Shriram Finance's Price to Tangible Book Ratio of today is 1.95.

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

NSE:SHRIRAMFIN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83 Med: 1.87 Max: 2.73
Current: 1.95

During the past 13 years, Shriram Finance's highest Price to Tangible Book Ratio was 2.73. The lowest was 0.83. And the median was 1.87.

NSE:SHRIRAMFIN's Price-to-Tangible-Book is ranked worse than
73.64% of 497 companies
in the Credit Services industry
Industry Median: 1.06 vs NSE:SHRIRAMFIN: 1.95

A closely related ratio is called PB Ratio. As of today, Shriram Finance's share price is ₹2397.50. Shriram Finance's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹1,302.50. Hence, Shriram Finance's P/B Ratio of today is 1.84.

Shriram Finance Price-to-Tangible-Book Historical Data

The historical data trend for Shriram Finance'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.

Shriram Finance Price-to-Tangible-Book Chart

Shriram Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.83

1.66

1.18

1.16

1.92

Shriram Finance 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															1.16	-	1.66	-	1.92

Competitive Comparison of Shriram Finance's Price-to-Tangible-Book

For the Credit Services subindustry, Shriram Finance'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.

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

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

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

Shriram Finance Price-to-Tangible-Book Calculation

Shriram Finance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	2397.50	/	1228.638
	=	1.95

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.

Shriram Finance Price-to-Tangible-Book Related Terms

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

Shriram Finance (NSE:SHRIRAMFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Shriram Finance Ltd (NSE:SHRIRAMFIN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

511218:India

Address

Wockhardt Towers, West Wing, Level-3, C-2, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.shriramfinance.in

Shriram Finance Ltd is an Indian non-banking finance company. It is engaged in the financing of pre-owned commercial vehicles, equipment, and other loans. The company focuses on loan origination, valuation, and collection for pre-owned and new commercial and passenger vehicles, tractors, 3 wheeler, multi-utility vehicles, and also provides ancillary services such as finance for working capital, engine replacement, bill discounting, credit cards, and tire-loans as holistic financing support. The company's revenue consists of interest income on loans provides. Geographically, it derives maximum revenue from India.

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