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Axis Auto Finance (TSX:AXIS) Price-to-Tangible-Book : 0.20 (As of Mar. 03, 2025)


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What is Axis Auto Finance Price-to-Tangible-Book?

As of today (2025-03-03), Axis Auto Finance's share price is C$0.005. Axis Auto Finance's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was C$0.03. Hence, Axis Auto Finance's Price to Tangible Book Ratio of today is 0.20.

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

TSX:AXIS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.17   Med: 2.11   Max: 5
Current: 0.17

During the past 13 years, Axis Auto Finance's highest Price to Tangible Book Ratio was 5.00. The lowest was 0.17. And the median was 2.11.

TSX:AXIS's Price-to-Tangible-Book is not ranked
in the Credit Services industry.
Industry Median: 1.09 vs TSX:AXIS: 0.17

A closely related ratio is called PB Ratio. As of today, Axis Auto Finance's share price is C$0.005. Axis Auto Finance's Book Value per Sharefor the quarter that ended in Sep. 2024 was C$0.03. Hence, Axis Auto Finance's P/B Ratio of today is 0.20.


Axis Auto Finance Price-to-Tangible-Book Historical Data

The historical data trend for Axis Auto 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.

Axis Auto Finance Price-to-Tangible-Book Chart

Axis Auto Finance Annual Data
Trend Apr15 Apr16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.51 2.00 0.85 5.00

Axis Auto Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.65 0.30 0.39 5.00 0.60

Competitive Comparison of Axis Auto Finance's Price-to-Tangible-Book

For the Credit Services subindustry, Axis Auto 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.


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

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

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



Axis Auto Finance Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=0.005/0.025
=0.20

* 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.


Axis Auto Finance Price-to-Tangible-Book Related Terms

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


Axis Auto Finance Business Description

Traded in Other Exchanges
N/A
Address
2265 Upper Middle Road East, Suite 400, Oakville, ON, CAN, L5H 0G5
Axis Auto Finance Inc is a fintech company that is changing the way used vehicles are purchased and financed in Canada. The company's direct-to-consumer website, DriveAxis.ca, enables users to choose their next used vehicle, customize financing terms, and get the car delivered to homes. In addition, the company continues to grow business-to-business non-prime auto loan originations by delivering innovative technology solutions and superior service to its dealer partners. The company operates and reports in two separate segments: automotive lending and equipment financing.
Executives
Todd Charles Hudson Senior Officer
Paul James Stoyan Director
Wesley James Neichenbauer Director
Richard Lloyd Senior Officer
Ilja Troitschanski Director or Senior Officer of 10% Security Holder
Bruce Frank Smith Director
Gerard Thom Director
Jordan Zinberg Director

Axis Auto Finance Headlines

No Headlines