Commercial Credit and Finance (COL:COCR.N0000) Price-to-Tangible-Book : 0.52 (As of May. 30, 2024)

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What is Commercial Credit and Finance Price-to-Tangible-Book?

As of today (2024-05-30), Commercial Credit and Finance's share price is රු34.90. Commercial Credit and Finance's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was රු67.26. Hence, Commercial Credit and Finance's Price to Tangible Book Ratio of today is 0.52.

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

COL:COCR.N0000' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 0.73 Max: 3.89
Current: 0.52

During the past 13 years, Commercial Credit and Finance's highest Price to Tangible Book Ratio was 3.89. The lowest was 0.32. And the median was 0.73.

COL:COCR.N0000's Price-to-Tangible-Book is ranked better than
80.24% of 496 companies
in the Credit Services industry
Industry Median: 1.065 vs COL:COCR.N0000: 0.52

A closely related ratio is called PB Ratio. As of today, Commercial Credit and Finance's share price is රු34.90. Commercial Credit and Finance's Book Value per Sharefor the quarter that ended in Dec. 2023 was රු69.91. Hence, Commercial Credit and Finance's P/B Ratio of today is 0.50.

Commercial Credit and Finance Price-to-Tangible-Book Historical Data

The historical data trend for Commercial Credit and 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.

Commercial Credit and Finance Price-to-Tangible-Book Chart

Commercial Credit and Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.73

0.43

0.47

0.44

0.42

Commercial Credit and Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.39	0.42	0.41	0.55	0.43

Competitive Comparison of Commercial Credit and Finance's Price-to-Tangible-Book

For the Credit Services subindustry, Commercial Credit and 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.

Commercial Credit and Finance's Price-to-Tangible-Book Distribution in the Credit Services Industry

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

* The bar in red indicates where Commercial Credit and Finance's Price-to-Tangible-Book falls into.

Commercial Credit and Finance Price-to-Tangible-Book Calculation

Commercial Credit and Finance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	34.90	/	67.255
	=	0.52

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.

Commercial Credit and Finance Price-to-Tangible-Book Related Terms

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

Commercial Credit and Finance (COL:COCR.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Commercial Credit and Finance PLC (COL:COCR.N0000) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 106, Yatinuwara Veediya, Kandy, LKA

Website

https://www.cclk.lk

Commercial Credit and Finance PLC provides financial services to its customers. The company's services include acceptance of deposits, granting lease facilities, hire purchase, personal loans, microloans, pawning and other credit facilities, real estate development, and related services. Its products consist of fixed deposits, fixed savers, leasing and hire purchases, gold loans, term loans, educational loans, short-term loans, microfinance, investment advice, and factoring. Its segments consist of Finance Lease, Hire Purchase, Microfinance and SME Loans, Gold Loan, Term Loan, Revolving Loans, and Investments. The majority of the revenue is received from the Hire Purchase segment.

Commercial Credit and Finance (COL:COCR.N0000) Headlines

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