Hingham Institution forvings (Hingham Institution forvings) Price-to-Tangible-Book

: 0.91 (As of Today)

View and export this data going back to 1988. Start your Free Trial

As of today (2024-04-19), Hingham Institution forvings's share price is $168.74. Hingham Institution forvings's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $185.94. Hence, Hingham Institution forvings's Price to Tangible Book Ratio of today is 0.91.

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

HIFS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.88 Med: 1.84 Max: 2.61
Current: 0.9

During the past 13 years, Hingham Institution forvings's highest Price to Tangible Book Ratio was 2.61. The lowest was 0.88. And the median was 1.84.

HIFS's Price-to-Tangible-Book is ranked better than
52.6% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs HIFS: 0.90

A closely related ratio is called PB Ratio. As of today, Hingham Institution forvings's share price is $168.74. Hingham Institution forvings's Book Value per Sharefor the quarter that ended in Jun. 2023 was $185.94. Hence, Hingham Institution forvings's P/B Ratio of today is 0.91.

Hingham Institution forvings Price-to-Tangible-Book Historical Data

The historical data trend for Hingham Institution forvings'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.

Hingham Institution forvings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.82

1.58

2.54

1.54

1.03

Hingham Institution forvings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Price-to-Tangible-Book																1.66	1.43	1.54	1.15	1.03

Competitive Comparison

For the Banks - Regional subindustry, Hingham Institution forvings'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.

Hingham Institution forvings Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Hingham Institution forvings's Price-to-Tangible-Book falls into.

Hingham Institution forvings Price-to-Tangible-Book Calculation

Hingham Institution forvings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	168.74	/	185.944
	=	0.91

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Hingham Institution forvings Price-to-Tangible-Book Related Terms

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

Hingham Institution forvings (Hingham Institution forvings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hingham Institution for Savings (NAS:HIFS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

HS3:Germany

Address

55 Main Street, Hingham, MA, USA, 02043

Website

https://www.hinghamsavings.com

Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.