As of today (2024-04-25), Middlefield Banc's share price is $22.73. Middlefield Banc's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $20.10. Hence, Middlefield Banc's Price to Tangible Book Ratio of today is 1.13.
The historical rank and industry rank for Middlefield Banc's Price-to-Tangible-Book or its related term are showing as below:
MBCN'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.05 Med: 1.23 Max: 1.61
Current: 1.13
During the past 13 years, Middlefield Banc's highest Price to Tangible Book Ratio was 1.61. The lowest was 1.05. And the median was 1.23.
MBCN's Price-to-Tangible-Book is ranked worse than 63.17% of 1439
companies
in the Banks industry
Industry Median: 0.93
vs MBCN: 1.13
A closely related ratio is called PB Ratio. As of today, Middlefield Banc's share price is $22.73. Middlefield Banc's Book Value per Sharefor the quarter that ended in Dec. 2023 was $25.41. Hence, Middlefield Banc's P/B Ratio of today is 0.89.
Middlefield Banc Price-to-Tangible-Book Historical Data
The historical data trend for Middlefield Banc'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.
Competitive Comparison of Middlefield Banc's Price-to-Tangible-Book
For the Banks - Regional subindustry, Middlefield Banc'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.
Middlefield Banc's Price-to-Tangible-Book Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Middlefield Banc's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Middlefield Banc's Price-to-Tangible-Book falls into.
* 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.
Middlefield Banc Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Middlefield Banc's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Middlefield Banc (Middlefield Banc) Business Description
Middlefield Banc Corp is a United States-based bank holding company. It offers customers banking services, including checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, and other services. It also maintains, manages, and disposes of nonperforming loans and other real estate owned.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MBCN has been successfully added to your 