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Mahindra & Mahindra Financial Services (NSE:M&MFIN) Price-to-Tangible-Book : 1.64 (As of May. 19, 2024)


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What is Mahindra & Mahindra Financial Services Price-to-Tangible-Book?

As of today (2024-05-19), Mahindra & Mahindra Financial Services's share price is ₹263.80. Mahindra & Mahindra Financial Services's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹160.43. Hence, Mahindra & Mahindra Financial Services's Price to Tangible Book Ratio of today is 1.64.

The historical rank and industry rank for Mahindra & Mahindra Financial Services's Price-to-Tangible-Book or its related term are showing as below:

NSE:M&MFIN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76   Med: 1.95   Max: 2.91
Current: 1.64

During the past 13 years, Mahindra & Mahindra Financial Services's highest Price to Tangible Book Ratio was 2.91. The lowest was 0.76. And the median was 1.95.

NSE:M&MFIN's Price-to-Tangible-Book is ranked worse than
69% of 500 companies
in the Credit Services industry
Industry Median: 1.09 vs NSE:M&MFIN: 1.64

A closely related ratio is called PB Ratio. As of today, Mahindra & Mahindra Financial Services's share price is ₹263.80. Mahindra & Mahindra Financial Services's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹161.48. Hence, Mahindra & Mahindra Financial Services's P/B Ratio of today is 1.63.


Mahindra & Mahindra Financial Services Price-to-Tangible-Book Historical Data

The historical data trend for Mahindra & Mahindra Financial Services'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.

Mahindra & Mahindra Financial Services Price-to-Tangible-Book Chart

Mahindra & Mahindra Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 1.56 1.17 1.54 1.74

Mahindra & Mahindra Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 - 1.54 2.01 - 1.74

Competitive Comparison of Mahindra & Mahindra Financial Services's Price-to-Tangible-Book

For the Credit Services subindustry, Mahindra & Mahindra Financial Services'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.


Mahindra & Mahindra Financial Services's Price-to-Tangible-Book Distribution in the Credit Services Industry

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

* The bar in red indicates where Mahindra & Mahindra Financial Services's Price-to-Tangible-Book falls into.



Mahindra & Mahindra Financial Services Price-to-Tangible-Book Calculation

Mahindra & Mahindra Financial Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=263.80/160.426
=1.64

* 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.


Mahindra & Mahindra Financial Services Price-to-Tangible-Book Related Terms

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


Mahindra & Mahindra Financial Services (NSE:M&MFIN) Business Description

Traded in Other Exchanges
Address
Dr. G M. Bhosale Marg, 4th Floor, Mahindra Towers, A Wing, P.K. Kurne Chowk, Worli, Mumbai, MH, IND, 400 018
Mahindra & Mahindra Financial Services Ltd is a subsidiary of the Indian conglomerate Mahinda & Mahindra. The company is a nonbanking financial company that serves the financing needs of a sizable population residing in nonmetropolitan areas of India. The company provides a wide range of retail products and services, including financing vehicles for commercial and personal use, tractors, small to medium enterprise loans, and other financial products. The company also operates in other niche markets. It has introduced mutual fund distributions, fixed deposit products, and personal loans. The company's main source of revenue is interest income from its loans.

Mahindra & Mahindra Financial Services (NSE:M&MFIN) Headlines

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