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Heartland Group Holdings (NZSE:HGH) Price-to-Tangible-Book : 0.96 (As of May. 24, 2024)


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What is Heartland Group Holdings Price-to-Tangible-Book?

As of today (2024-05-24), Heartland Group Holdings's share price is NZ$1.01. Heartland Group Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NZ$1.06. Hence, Heartland Group Holdings's Price to Tangible Book Ratio of today is 0.96.

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

NZSE:HGH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93   Med: 1.58   Max: 2.11
Current: 0.95

During the past 11 years, Heartland Group Holdings's highest Price to Tangible Book Ratio was 2.11. The lowest was 0.93. And the median was 1.58.

NZSE:HGH's Price-to-Tangible-Book is ranked worse than
52.29% of 1442 companies
in the Banks industry
Industry Median: 0.92 vs NZSE:HGH: 0.95

A closely related ratio is called PB Ratio. As of today, Heartland Group Holdings's share price is NZ$1.01. Heartland Group Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was NZ$1.39. Hence, Heartland Group Holdings's P/B Ratio of today is 0.72.


Heartland Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Heartland Group Holdings'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.

Heartland Group Holdings Price-to-Tangible-Book Chart

Heartland Group Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 1.14 1.75 1.91 1.52

Heartland Group Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.11 1.91 1.60 1.52 1.37

Competitive Comparison of Heartland Group Holdings's Price-to-Tangible-Book

For the Mortgage Finance subindustry, Heartland Group Holdings'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.


Heartland Group Holdings's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Heartland Group Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.01/1.055
=0.96

* 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.


Heartland Group Holdings Price-to-Tangible-Book Related Terms

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


Heartland Group Holdings (NZSE:HGH) Business Description

Traded in Other Exchanges
Address
35 Teed Street, Level 3, Heartland House, Newmarket, Auckland, NZL, 1023
Heartland Group Holdings Ltd is engaged in the operation of the reverse mortgage. Geographically it operates in both New Zealand and Australia. It offers business loans, rural loans, home loans, car loans , personal lending services and others. Further, it is also involved in saving and deposits activity and also provides internet banking services.

Heartland Group Holdings (NZSE:HGH) Headlines

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