Parameter(Crores)	Capital SFB	Suryodaya SFB	Ujjivan SFB	AU SFB
Deposits	4107	1593	7379	19422
Net Advances	3041	2712	10552	22818
Net Interest Income (NII)	135	339	1106	1190
Net Profit /(Loss)	19.4	87	199.2	381
Book value per share	100	107	11.09	108.28
P/B	3.2x	3.17x	5.22x	7.6x
Net-worth	250	881	1819	3162

Above is the comparison between two unlisted SFBs i.e. Suryoday Small Finance Bank and Capital Small Finance Bank Vs two listed SFBs i.e. Ujjivan and AU Small Fin bank. If you observed carefully, listed SFBs are almost double in size in terms of advances i.e loan disbursed. The more the advances, the more will be the revenue of these banks. So they will obviously command high valuations. However, both the unlisted small finance banks have shown excellent growth in the last 3 years and are available at a good valuation. Capital Small Finance Bank is currently trading at Rs. 320 per share in the unlisted market and thereby, valuing at 3.20x in terms of P/B which is fairly priced.