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Cathay General Bancorp (Cathay General Bancorp) Price-to-Tangible-Book : 1.10 (As of Apr. 25, 2024)


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What is Cathay General Bancorp Price-to-Tangible-Book?

As of today (2024-04-25), Cathay General Bancorp's share price is $35.53. Cathay General Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $32.43. Hence, Cathay General Bancorp's Price to Tangible Book Ratio of today is 1.10.

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

CATY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.1   Med: 1.58   Max: 2.14
Current: 1.1

During the past 13 years, Cathay General Bancorp's highest Price to Tangible Book Ratio was 2.14. The lowest was 1.10. And the median was 1.58.

CATY's Price-to-Tangible-Book is ranked worse than
61.78% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs CATY: 1.10

A closely related ratio is called PB Ratio. As of today, Cathay General Bancorp's share price is $35.53. Cathay General Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $37.66. Hence, Cathay General Bancorp's P/B Ratio of today is 0.94.


Cathay General Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Cathay General 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.

Cathay General Bancorp Price-to-Tangible-Book Chart

Cathay General 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 1.58 1.25 1.57 1.42 1.37

Cathay General 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 1.42 1.16 1.05 1.12 1.37

Competitive Comparison of Cathay General Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, Cathay General 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.


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

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

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



Cathay General Bancorp Price-to-Tangible-Book Calculation

Cathay General 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 )
=35.53/32.427
=1.10

* 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.


Cathay General Bancorp Price-to-Tangible-Book Related Terms

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


Cathay General Bancorp (Cathay General Bancorp) Business Description

Traded in Other Exchanges
Address
777 North Broadway, Los Angeles, CA, USA, 90012
Cathay General Bancorp is a regional bank primarily serving the Chinese-American community. With more than 45 branches and three international representative offices, the bank provides traditional loan and deposit products, as well as international trade-related services to individuals and small to midsize businesses. The Bank accepts checking, savings, and time deposits, and makes commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The Bank also provides letters of credit, safe deposit, Social Security payment deposit, bank-by-mail, Internet banking services, and other customary banking services.
Executives
Kim R Bingham officer: EVP - Chief Credit Officer CATHAY BANK, 777 NORTH BROADWAY, LOS ANGELES CA 90012
Richard Sun director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Anthony M Tang director, officer: EVP
May K. Chan officer: SVP, General Counsel 9650 FLAIR DRIVE, EL MONTE CA 91731
Peter Wu director, officer: Executive Vice Chairman/COO
Dunson K Cheng director, officer: Chairman & President
Shally Wang director 9650 FLAIR DRIVE, EL MONTE CA 91731
Irwin Wong officer: Executive Vice President
Jane H Jelenko director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Maan-huei Hung director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Lisa L. Kim officer: EVP, General Counsel EAST WEST BANCORP INC, 135 N. LOS ROBLES AVE., 7TH FL, PASADENA CA 91101
Chang Liu officer: EVP, Chief Operating Officer C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910
Kelly L Chan director
Mark Hakjoon Lee officer: EVP, Chief Credit Officer CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Patrick Lee director

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