GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LM Funding America Inc (FRA:1YJA) » Definitions » Price-to-Tangible-Book

LM Funding America (FRA:1YJA) Price-to-Tangible-Book : 0.17 (As of May. 12, 2024)


View and export this data going back to 2018. Start your Free Trial

What is LM Funding America Price-to-Tangible-Book?

As of today (2024-05-12), LM Funding America's share price is €2.316. LM Funding America's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €13.31. Hence, LM Funding America's Price to Tangible Book Ratio of today is 0.17.

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

FRA:1YJA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.15   Med: 0.97   Max: 11.01
Current: 0.16

During the past 11 years, LM Funding America's highest Price to Tangible Book Ratio was 11.01. The lowest was 0.15. And the median was 0.97.

FRA:1YJA's Price-to-Tangible-Book is ranked better than
97.19% of 499 companies
in the Credit Services industry
Industry Median: 1.09 vs FRA:1YJA: 0.16

A closely related ratio is called PB Ratio. As of today, LM Funding America's share price is €2.316. LM Funding America's Book Value per Sharefor the quarter that ended in Dec. 2023 was €13.31. Hence, LM Funding America's P/B Ratio of today is 0.17.


LM Funding America Price-to-Tangible-Book Historical Data

The historical data trend for LM Funding America'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.

LM Funding America Price-to-Tangible-Book Chart

LM Funding America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.99 1.05 0.15 0.31

LM Funding America 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 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 0.15 0.21 0.26 0.19 0.31

Competitive Comparison of LM Funding America's Price-to-Tangible-Book

For the Credit Services subindustry, LM Funding America'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.


LM Funding America's Price-to-Tangible-Book Distribution in the Credit Services Industry

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

* The bar in red indicates where LM Funding America's Price-to-Tangible-Book falls into.



LM Funding America Price-to-Tangible-Book Calculation

LM Funding America's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.316/13.311
=0.17

* 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 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.


LM Funding America Price-to-Tangible-Book Related Terms

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


LM Funding America (FRA:1YJA) Business Description

Traded in Other Exchanges
Address
1200 Platt Street, Suite 1000, Tampa, FL, USA, 33602
LM Funding America Inc is a financial services company. The company provides funding to nonprofit community associations located in the state of Florida and to nonprofit community associations in the states of Washington and Colorado. Its products include Original Product and New Neighbor Guaranty. Its original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. It currently has two lines of business recently commenced cryptocurrency mining business and historical specialty finance business. The Company has two operating segments: Specialty Finance and Mining Operations.

LM Funding America (FRA:1YJA) Headlines

No Headlines