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GuruFocus has detected 1 Warning Sign with Bridge Bancorp Inc $BDGE.
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Bridge Bancorp Inc (NAS:BDGE)
Price-to-Tangible-Book
2.04 (As of Today)

As of today, Bridge Bancorp Inc's share price is $34.50. Bridge Bancorp Inc's Tangible Book Value per Share of Dec. 2016 for the quarter that ended in Dec. 2016 was $16.95. Hence, Bridge Bancorp Inc's Price to Tangible Book Ratio of today is 2.04.

BDGE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.56   Max: 4.72
Current: 2.04

1.56
4.72

During the past 13 years, Bridge Bancorp Inc's highest Price to Tangible Book Ratio was 4.72. The lowest was 1.56. And the median was 2.39.

BDGE's Price-to-Tangible-Book is ranked lower than
80% of the 1798 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.25 vs. BDGE: 2.04 )

A closely related ratio is called P/B Ratio. As of today, Bridge Bancorp Inc's share price is $34.50. Bridge Bancorp Inc's Book Value per Share for the quarter that ended in Dec. 2016 was $23.34. Hence, Bridge Bancorp Inc's P/B Ratio of today is 1.48.


Definition

Bridge Bancorp Inc's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book Value per Share (Q: Dec. 2016 )
=34.50/16.946
=2.04

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Equity-Preferred Stock-Intangibles)

A closely related ratio is called P/B Ratio. The difference between Price-to-Tangible-Book Ratio and P/B 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.


Related Terms

P/B Ratio, Tangible Book Value per Share


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Bridge Bancorp Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
p2tangible_book 2.902.032.432.391.591.561.871.892.262.24

Bridge Bancorp Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
p2tangible_book 1.681.891.782.021.972.262.242.022.002.24
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