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NorthEast Community Bancorp (NorthEast Community Bancorp) Price-to-Tangible-Book : 0.78 (As of Apr. 24, 2024)


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What is NorthEast Community Bancorp Price-to-Tangible-Book?

As of today (2024-04-24), NorthEast Community Bancorp's share price is $15.45. NorthEast Community Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $19.75. Hence, NorthEast Community Bancorp's Price to Tangible Book Ratio of today is 0.78.

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

NECB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73   Med: 0.91   Max: 1.1
Current: 0.78

During the past 13 years, NorthEast Community Bancorp's highest Price to Tangible Book Ratio was 1.10. The lowest was 0.73. And the median was 0.91.

NECB's Price-to-Tangible-Book is ranked better than
62.61% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs NECB: 0.78

A closely related ratio is called PB Ratio. As of today, NorthEast Community Bancorp's share price is $15.45. NorthEast Community Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $19.75. Hence, NorthEast Community Bancorp's P/B Ratio of today is 0.78.


NorthEast Community Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for NorthEast Community 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.

NorthEast Community Bancorp Price-to-Tangible-Book Chart

NorthEast Community 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 1.04 1.10 0.73 0.91 0.90

NorthEast Community Bancorp Quarterly Data
Dec16 Dec17 Dec18 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 0.91 0.77 0.83 0.79 0.90

Competitive Comparison of NorthEast Community Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, NorthEast Community 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.


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

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

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



NorthEast Community Bancorp Price-to-Tangible-Book Calculation

NorthEast Community 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 )
=15.45/19.747
=0.78

* 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.


NorthEast Community Bancorp Price-to-Tangible-Book Related Terms

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


NorthEast Community Bancorp (NorthEast Community Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
325 Hamilton Avenue, White Plains, NY, USA, 10601
NorthEast Community Bancorp Inc operates as a community-oriented financial institution. It is principally engaged in the business of attracting deposits and investing those funds into mortgage and commercial loans. They conduct their activities throughout the Northeastern United States including New York, Massachusetts, New Jersey, and Connecticut. The company offers a comprehensive line of banking products and services, including mobile banking as well as commercial real estate loans, commercial construction financing, lines of credit, and term loans. It also offers investment advisory and financial planning services.
Executives
Charles A Martinek director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Charles Michael Cirillo director C/O NORTHEAST COMMUNITY BANCORP, INC., 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kenneth H Thomas director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Linda M Swan director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kenneth A Martinek director, officer: Chairman and CEO 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
John F Mckenzie director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kevin Patrick Omalley director C/O NORTHEAST COMMUNITY BANCORP, INC., 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Diane B Cavanaugh director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Donald S Hom officer: EVP and CFO 325 HAMILTON AVE, WHITE PLAINS NY 10601
Jose M Collazo director, officer: President and COO 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Eugene M Magier director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601