Spandana Sphoorty Financial Limited engages in the microfinance business in India. The company provides income generation loans for low-income households; loans against the property; personal loans for business development, purchase of livestock, house construction/renovation, and other needs; gold loans for agriculture, business, and short-term liquidity needs; and interim loans, as well as business loans. It also offers loans for women to expand their existing income-generating activities, smoothening household cash flows, and acquiring productive assets. The company serves low-income customers in semi-urban and rural areas with approximately 982 branches. Spandana Sphoorty Financial Limited was founded in 1998 and is based in Hyderabad, India.
P/B ratio for Spandana Sphoorty Financial Limited (SPANDANA.NS)
P/B ratio as of 2023: 1.72
According to Spandana Sphoorty Financial Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.72. At the end of 2022 the company had a P/B ratio of 1.22.
P/B ratio history for Spandana Sphoorty Financial Limited from 2012 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.72 |
| 2022 | 1.22 |
| 2021 | 0.69 |
| 2020 | 1.42 |
| 2019 | 1.40 |
| 2018 | 2.62 |
| 2017 | 3.63 |
| 2016 | 5.45 |
| 2015 | 27.44 |
| 2014 | -139.62 |
| 2013 | -7516.71 |
| 2012 | -156.71 |