Indostar Capital Finance (NSE:INDOSTAR) Price-to-Tangible-Book : 1.10 (As of Jun. 10, 2024)

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What is Indostar Capital Finance Price-to-Tangible-Book?

As of today (2024-06-10), Indostar Capital Finance's share price is ₹237.10. Indostar Capital Finance's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹214.74. Hence, Indostar Capital Finance's Price to Tangible Book Ratio of today is 1.10.

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

NSE:INDOSTAR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51 Med: 1.04 Max: 1.43
Current: 1.11

During the past 11 years, Indostar Capital Finance's highest Price to Tangible Book Ratio was 1.43. The lowest was 0.51. And the median was 1.04.

NSE:INDOSTAR's Price-to-Tangible-Book is ranked worse than
51.42% of 494 companies
in the Credit Services industry
Industry Median: 1.06 vs NSE:INDOSTAR: 1.11

A closely related ratio is called PB Ratio. As of today, Indostar Capital Finance's share price is ₹237.10. Indostar Capital Finance's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹237.75. Hence, Indostar Capital Finance's P/B Ratio of today is 1.00.

Indostar Capital Finance Price-to-Tangible-Book Historical Data

The historical data trend for Indostar Capital 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.

Indostar Capital Finance Price-to-Tangible-Book Chart

Indostar Capital Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.97

1.14

1.10

0.51

0.89

Indostar Capital 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															0.51	-	0.81	-	0.89

Competitive Comparison of Indostar Capital Finance's Price-to-Tangible-Book

For the Credit Services subindustry, Indostar Capital 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.

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

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

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

Indostar Capital Finance Price-to-Tangible-Book Calculation

Indostar Capital 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 )
	=	237.10	/	214.738
	=	1.10

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.

Indostar Capital Finance Price-to-Tangible-Book Related Terms

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

Indostar Capital Finance (NSE:INDOSTAR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

541336:India

Address

Andheri- Ghatkopar Link Road, Unit No. 505, 5th Floor, Wing 2/E, Corporate Avenue, Chakala, Andheri (East), Mumbai, MH, IND, 400099

Website

https://www.indostarcapital.com

Indostar Capital Finance Ltd is a non-banking finance company. It is primarily engaged in providing bespoke Indian rupee denominated structured term financing solutions to corporate and loans to small and medium enterprise borrowers in India. The company operates four principal lines of business namely: Corporate lending, Small and Medium enterprise lending, Commercial vehicle lending, and Housing finance. It generally derives revenue in the form of fees and commission income, interest income on the loan portfolio, deposits with banks, investments in PTCs, and debt instruments. Geographically, the group generates key revenue from India.

Indostar Capital Finance (NSE:INDOSTAR) Headlines

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