Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.
Shriram Finance (NSE:SHRIRAMFIN) Tangible Book per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Shriram Finance Tangible Book per Share Related Terms
Shriram Finance Tangible Book per Share Historical Data
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The historical data trend for Shriram Finance's Tangible Book per Share 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.
NSE:SHRIRAMFIN vs V, MA, AXP: Tangible Book per Share Comparison
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 Price-to-Tangible-Book vs 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.
* 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.
Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.
What does a Tangible Book per Share of ₹342.23 mean?
Shriram Finance (NSE:SHRIRAMFIN) has a Tangible Book per Share of ₹342.23 as of Mar. 2026. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Shriram Finance and its competitors.
Is Shriram Finance's Tangible Book per Share too high?
Shriram Finance's current Tangible Book per Share is ₹342.23. Overall, Shriram Finance has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shriram Finance's Tangible Book per Share compare to V and MA?
Shriram Finance's Tangible Book per Share of ₹342.23 can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tangible Book per Share for a Credit Services company?
A good Tangible Book per Share depends on the Credit Services industry context. However, Tangible Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tangible Book per Share mean?
A high Tangible Book per Share can signal that a stock is expensive relative to its fundamentals. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Shriram Finance and its competitors. Shriram Finance's current Tangible Book per Share is ₹342.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shriram Finance stock overvalued right now?
Based on GuruFocus' analysis, Shriram Finance (NSE:SHRIRAMFIN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹755.18, compared to a current price of ₹993.35 — trading 31.5% above its estimated fair value. The current Tangible Book per Share is ₹342.23. Shriram Finance's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tangible Book per Share calculated?
Tangible Book per Share is calculated from a company's financial statements. For Shriram Finance (NSE:SHRIRAMFIN), the current Tangible Book per Share is ₹342.23 as of Mar. 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 Shriram Finance (NSE:SHRIRAMFIN) Overvalued in 2026?
Based on GuruFocus' analysis, Shriram Finance stock appears to be overvalued.
The current stock price of ₹993.35 is trading 31.5% above its estimated GF Value™ of ₹755.18.
GuruFocus considers Shriram Finance to be Significantly Overvalued.
Key valuation signals for NSE:SHRIRAMFIN:
Tangible Book per Share: ₹342.23
GF Value™: ₹755.18 vs. price of ₹993.35 (31.5% above fair value)
No single metric tells the full story. See the NSE:SHRIRAMFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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-wheelers, 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 provided. Geographically, it derives maximum revenue from India.
73GF Score
Get the complete analysis for NSE:SHRIRAMFIN
Tangible Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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