DFCC Bank (COL:DFCC.N0000) Price-to-Tangible-Book : 0.51 (As of May. 12, 2024)

View and export this data going back to 1956. Start your Free Trial

What is DFCC Bank Price-to-Tangible-Book?

As of today (2024-05-12), DFCC Bank's share price is රු82.70. DFCC Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was රු161.52. Hence, DFCC Bank's Price to Tangible Book Ratio of today is 0.51.

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

COL:DFCC.N0000' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25 Med: 0.57 Max: 1.13
Current: 0.51

During the past 13 years, DFCC Bank's highest Price to Tangible Book Ratio was 1.13. The lowest was 0.25. And the median was 0.57.

COL:DFCC.N0000's Price-to-Tangible-Book is ranked better than
82.27% of 1438 companies
in the Banks industry
Industry Median: 0.93 vs COL:DFCC.N0000: 0.51

A closely related ratio is called PB Ratio. As of today, DFCC Bank's share price is රු82.70. DFCC Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was රු166.38. Hence, DFCC Bank's P/B Ratio of today is 0.50.

DFCC Bank Price-to-Tangible-Book Historical Data

The historical data trend for DFCC Bank'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.

DFCC Bank Price-to-Tangible-Book Chart

DFCC Bank Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.58

0.40

0.39

0.25

0.48

DFCC Bank 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															0.25	0.32	0.33	0.54	0.48

Competitive Comparison of DFCC Bank's Price-to-Tangible-Book

For the Banks - Regional subindustry, DFCC Bank'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.

DFCC Bank's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, DFCC Bank's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where DFCC Bank's Price-to-Tangible-Book falls into.

DFCC Bank Price-to-Tangible-Book Calculation

DFCC Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	82.70	/	161.519
	=	0.51

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.

DFCC Bank Price-to-Tangible-Book Related Terms

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

DFCC Bank (COL:DFCC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DFCC Bank PLC (COL:DFCC.N0000) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

73/5, Galle Road, Colombo, LKA, 03

Website

https://www.dfcc.lk

DFCC Bank PLC is a development bank operating along with its subsidiary and venture company in Sri Lanka that operates in four segments; Corporate Banking includes Loans deposits and other transactions and balances with corporate customers, Retail Banking includes Loans, deposits, and other transactions and balances with retail customers, The Treasury segment includes Funding and centralized risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes and investing in short-term placements and corporate and government debt securities, and Other segment includes Revenue and expenses attributable to the incorporated business segments of industrial estate management, unit trust management, stock brokering, and consultancy services.

DFCC Bank (COL:DFCC.N0000) Headlines

No Headlines