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Enterprise Bancorp (Enterprise Bancorp) Price-to-Tangible-Book : 0.94 (As of Apr. 27, 2024)


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What is Enterprise Bancorp Price-to-Tangible-Book?

As of today (2024-04-27), Enterprise Bancorp's share price is $24.90. Enterprise Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $26.36. Hence, Enterprise Bancorp's Price to Tangible Book Ratio of today is 0.94.

The historical rank and industry rank for Enterprise Bancorp's Price-to-Tangible-Book or its related term are showing as below:

EBTC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93   Med: 1.53   Max: 2.06
Current: 0.94

During the past 13 years, Enterprise Bancorp's highest Price to Tangible Book Ratio was 2.06. The lowest was 0.93. And the median was 1.53.

EBTC's Price-to-Tangible-Book is ranked worse than
50.73% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs EBTC: 0.94

A closely related ratio is called PB Ratio. As of today, Enterprise Bancorp's share price is $24.90. Enterprise Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $26.82. Hence, Enterprise Bancorp's P/B Ratio of today is 0.93.


Enterprise Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Enterprise Bancorp'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.

Enterprise Bancorp Price-to-Tangible-Book Chart

Enterprise Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 0.93 1.58 1.55 1.22

Enterprise Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.55 1.26 1.17 1.14 1.22

Competitive Comparison of Enterprise Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, Enterprise Bancorp'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.


Enterprise Bancorp's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Enterprise Bancorp's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Enterprise Bancorp's Price-to-Tangible-Book falls into.



Enterprise Bancorp Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=24.90/26.356
=0.94

* 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.


Enterprise Bancorp Price-to-Tangible-Book Related Terms

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


Enterprise Bancorp (Enterprise Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
222 Merrimack Street, Lowell, MA, USA, 01852
Enterprise Bancorp Inc is a holding company. The Company is engaged in the business of gathering deposits from the general public and investing in loans and investment securities. Through the Bank and its subsidiaries, the Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, as well as wealth management and wealth services.
Executives
Gino J Baroni director 222 MERRIMACK STREET, LOWELL MA 01852
Michael T Putziger director C/O NEW HAMPSHIRE THRIFT BANCSHARES, 9 MAIN STREET, NEWPORT NH 03773
Ken S Ansin director 390 GOODRICH ST, LUNENBURG MA 01462
George L Duncan director, officer: Chief Executive Officer 222 MERRIMACK ST, LOWELL MA 01852
Stephen J Irish officer: EVP - Principal Subsidiary 222 MERRIMACK ST, LOWELL MA 01852
Ryan C Dunn officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Mary Jane King director 222 MERRIMACK STREET, LOWELL MA 01852
Luis M Pedroso director 222 MERRIMACK STREET, LOWELL MA 01852
Diane J Silva officer: EVP - Principal Subsidiary 222 MERRIMACK STREET, LOWELL MA 01852
Anita R Worden director C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
John A Koutsos director 222 MERRIMACK STREET, LOWELL MA 01852
Peter Rayno officer: EVP - Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Joseph R Lussier officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Keith N Soucie officer: EVP-Principal Subsidiary C/O ENTERPRISE BANK, 222 MERRIMACK STREET, LOWELL MA 01852
Carol L Reid director C/O AVID TECHNOLOGY INC, ONE PARK WEST, TEWKSBURY MA 01876