As of today (2024-04-23), Axos Financial's share price is $51.51. Axos Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $33.45. Hence, Axos Financial's Price to Tangible Book Ratio of today is 1.54.
The historical rank and industry rank for Axos Financial's Price-to-Tangible-Book or its related term are showing as below:
AX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.04 Med: 2.05 Max: 3.65
Current: 1.54
During the past 13 years, Axos Financial's highest Price to Tangible Book Ratio was 3.65. The lowest was 1.04. And the median was 2.05.
AX's Price-to-Tangible-Book is ranked worse than 79.44% of 1440
companies
in the Banks industry
Industry Median: 0.915
vs AX: 1.54
A closely related ratio is called PB Ratio. As of today, Axos Financial's share price is $51.51. Axos Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $36.53. Hence, Axos Financial's P/B Ratio of today is 1.41.
Axos Financial Price-to-Tangible-Book Historical Data
The historical data trend for Axos Financial'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.
Axos Financial Annual Data
Trend
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Jun22
Jun23
Price-to-Tangible-Book
1.80
1.21
2.17
1.47
1.34
Axos Financial 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
1.43
1.32
1.34
1.23
1.63
Competitive Comparison
For the Banks - Regional subindustry, Axos Financial'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.
Axos Financial Price-to-Tangible-Book Distribution
For the Banks industry and Financial Services sector, Axos Financial's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Axos Financial's Price-to-Tangible-Book falls into.
Axos Financial Price-to-Tangible-Book Calculation
Axos Financial's price-to-tangible-book ratio for today is calculated as:
* 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.
Axos Financial Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Axos Financial's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Axos Financial (Axos Financial) Business Description
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking and securities business. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AX has been successfully added to your 