Book value of an asset refers to the value of an asset when depreciation is accounted for. The book value per share is calculated using historical costs, but the market value per share is a forwardlooking metric that takes into account a companys earning power in the future. For more details, see the axis bank quarterly results and axis bank share price and chart. We will walk through this formula and how to find the numbers to plug into the formula, and voila. Axis bank share price, axis bank stock price, axis bank. Alibaba group holding limited baba book value per share. Axis bank share stock price, stock analysis of axis bank, future prospects, experts view on buysellhold axis bank shares.
Dividing book value by the number of shares in issue gives a book value per share, which can be compared to the share price. The stock has been playing into a rectangle from last 4 months. To arrive at this number, subtract liabilities from assets. During the past 5 years, the average book value per share growth rate was 6. For the year ending march 2019 axis bank has declared an equity dividend of 50. Share price, corporate actions, valuation, research report, financials and more complete track record of axis bank ltd from indias independent mutual fund research house. Here is the latest financial fact sheet of axis bank. Banco book value per share analysis book value per share bs is can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. Price to book value ratio pbv or pb ratio equitymaster. How to figure the book value of bank stock finance zacks. Calculating the price book value ratio, an example. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown.
There are other parameters also like price book so you should also take care of that. Axis bank ltd is in the banks sector, having a market capitalization of rs. Nly book value per share annaly capital management. Share price, corporate actions, valuation, research report, financials and more complete track record of axis bank ltd from indias. The company was formerly known as uti bank limited and changed its name to axis bank limited in july 2007. Axis bank established in 1993 was the first of the new private banks to have begun operations in 1994 after the government of india allowed new private banks to be established. Natixis book value per share including dividend distribution. Net interest income after loan loss provision decreased 16% to rs100. View daily, weekly or monthly formats back to when axis bank ltd. Find the latest book value per share for alibaba group holding limited baba. Diversified industry, the book value per share for all stocks is 99. Then divide that number by the number shares outstanding the bank has and there is the book value. In simple terms it would be the amount of money that a share holder would get if a.
Hul, yes bank, bajaj finance, axis bank 07 may 2020 centre eyeing rs 22,000 crore by selling stakes in itc, axis bank. Fundamental analysis axis bankequity research report. The stock has been playing into a rectangle from last 4 months, several attempts have been made to breakout but didnt succeed. Book value is a companys assets minus its liabilities. The price book value ratio formula the pbv ratio is the market price per share divided by the book value per share. Book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly. Find the latest book value per share for delta air lines inc dal. Axis bank market capital, axis bank updates and more at business standard news. Book value per share is a widely used stock evaluation measure. How to figure the book value of bank stock pocketsense. In other words, the value of all shares divided by the number of shares issued. Capital gain disposal retail banking activities gainloss on other assets. Find out all the key statistics for bank of america corporation bac, including valuation measures, fiscal year financial statistics, trading record, share statistics and more.
What is the reason behind the incredibly high pe ratio of. The market price per share is simply the stock price. Also get to know the latest financials, news, research reports, recommendations and much more. Pb x price to book value is the ratio used to compare a stocks market value to its book. Page 1 by continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. Annaly capital managements book value per share for the quarter that ended in dec. In calculating the net current asset value ncav, benjamin graham means a companys current assets such as cash, marketable securities, and inventories minus its total liabilities including preferred stock, minority interest, and longterm debt. Axis bank share price, axis bank stock analysis, future. Rediff moneywiz, the personal finance service from equips the user with tools and information in the form of graphs, charts, expert advice, and. Natl india including stock price, stock chart, company news, key statistics, fundamentals and company profile. Book value per share is one the easiest accounting formulas out there that can help us determine the value of a bank or financial firms equity.
Share market news today sensex, nifty, share prices highlights. Bse quotes and sensex are realtime and licensed from the bombay stock exchange. Pbv ratio market price per share book value per share. In accordance with recently published financial statements the book value per share of royal bank of scotland group pl is about 3. The book value per share is a firms assets minus its liabilities, divided by the total number of shares. Crude oil prices in the international market fell below zero for the first time ever. Stock market reports, news, balance sheet, financial. For a sector overview, read our banking sector report. Depreciation is the reduction of an items value over time.
As of march 31, 2019, axis bank limited operated 4,050 domestic branches and 11,801 atms. Financial brief for the fiscal year ended 31 march 2020, axis bank ltd interest income increased 14% to rs637. And their most recent book value per share is rs 598. Is it better to buy a company with a lower book value. It is calculated by dividing market price per share by earnings per share.
Share price, corporate actions, valuation, research report, financials and more complete track record of federal bank ltd from indias independent mutual fund research house. Tips analysts can compare the book value of the bank stock to the market value of the bank stock to determine if it is over. Bank of america corporation bac valuation measures. During the past 3 years, the average book value per share growth rate was 4. Not foolproof as a standalone valuation metric, bank book. Bank of americas net current asset value per share for the quarter that ended in mar. High goodwill and going concern value may not be reflected well by book value. Cover arranged by axis bank for its customers under digit illness group insurance policy uin godhlgp20142v011920. Axis bank ltd stockshare price, nsebse news, announcements. Axis bank, formerly uti bank axis or the bank was first of the new private banks in india to start operations after the government of india allowed new banks to be established in the private sector. Hence, bank of america corporations price to book ratio for the period was 1.
Note that shares worth less than book value may be underpriced or they may just have very poor prospects for growth. Why petrol, diesel prices are not falling despite crude. The bank has been promoted by the largest financial institutions of the country, uti, lic, gic and its subsidiaries. Axis bank market capital business standard news page 1. The book value per share is a market value ratio that weighs stockholders equity against shares outstanding. In simple terms it would be the amount of money that a share holder would get if a company were to liquidate.
Heres how investors should value bank of americas stock. Axis capital holdings price to book value axs ycharts. Axis bank book value financial graphs moneycontrol. The book value is essentially the tangible accounting value of a firm. Get axis bank stock price details, news, financial results, stock charts, returns, research reports and more by continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. Net income before extraordinary items decreased 21% to rs39. Price to book value is a valuation ratio that is measured by stock price book value per share. Easy access savings account easy access salary account womans savings account. It indicates the level of safety associated with each common share after removing the effects of liabilities. In depth view into deutsche bank book value per share including historical data from 1998, charts, stats and industry comps. So for your kind information axis bank was suffering from non performing asset proble.
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