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Minolta Finance (BOM:532164) PB Ratio : 0.80 (As of May. 21, 2024)


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What is Minolta Finance PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-21), Minolta Finance's share price is ₹8.55. Minolta Finance's Book Value per Share for the quarter that ended in Dec. 2023 was ₹10.70. Hence, Minolta Finance's PB Ratio of today is 0.80.

The historical rank and industry rank for Minolta Finance's PB Ratio or its related term are showing as below:

BOM:532164' s PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.17   Max: 1.13
Current: 0.8

During the past 13 years, Minolta Finance's highest PB Ratio was 1.13. The lowest was 0.04. And the median was 0.17.

BOM:532164's PB Ratio is ranked better than
74.48% of 1693 companies
in the Asset Management industry
Industry Median: 0.96 vs BOM:532164: 0.80

During the past 12 months, Minolta Finance's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Minolta Finance was 5.20% per year. The lowest was -4.70% per year. And the median was 1.05% per year.

Back to Basics: PB Ratio


Minolta Finance PB Ratio Historical Data

The historical data trend for Minolta Finance's PB Ratio 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.

Minolta Finance PB Ratio Chart

Minolta Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.18 0.12 0.34 0.67

Minolta Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 - 0.67 - 1.19 -

Competitive Comparison of Minolta Finance's PB Ratio

For the Asset Management subindustry, Minolta Finance's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Minolta Finance's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Minolta Finance's PB Ratio distribution charts can be found below:

* The bar in red indicates where Minolta Finance's PB Ratio falls into.



Minolta Finance PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Minolta Finance's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=8.55/10.7
=0.80

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Minolta Finance  (BOM:532164) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Minolta Finance PB Ratio Related Terms

Thank you for viewing the detailed overview of Minolta Finance's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Minolta Finance (BOM:532164) Business Description

Traded in Other Exchanges
N/A
Address
Unique Pearl, BL-A, Hatiara, Roy Para, Kolkata, WB, IND, 700157
Minolta Finance Ltd is an Indian non-banking finance company. The company generates revenue from interest income.

Minolta Finance (BOM:532164) Headlines

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