As of today (2024-04-23), The Bancorp's share price is $34.54. The Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.14. Hence, The Bancorp's Price to Tangible Book Ratio of today is 2.28.
The historical rank and industry rank for The Bancorp's Price-to-Tangible-Book or its related term are showing as below:
TBBK'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76 Med: 1.51 Max: 2.55
Current: 2.28
During the past 13 years, The Bancorp's highest Price to Tangible Book Ratio was 2.55. The lowest was 0.76. And the median was 1.51.
TBBK's Price-to-Tangible-Book is ranked worse than 91.67% of 1440
companies
in the Banks industry
Industry Median: 0.92
vs TBBK: 2.28
A closely related ratio is called PB Ratio. As of today, The Bancorp's share price is $34.54. The Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.17. Hence, The Bancorp's P/B Ratio of today is 2.28.
The Bancorp Price-to-Tangible-Book Historical Data
The historical data trend for The 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.
The Bancorp Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
1.53
1.36
2.23
2.28
2.55
The 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
2.28
2.13
2.38
2.41
2.55
Competitive Comparison
For the Banks - Regional subindustry, The 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.
The Bancorp Price-to-Tangible-Book Distribution
For the Banks industry and Financial Services sector, The Bancorp's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where The Bancorp's Price-to-Tangible-Book falls into.
The Bancorp Price-to-Tangible-Book Calculation
The Bancorp'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.
The Bancorp Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of The Bancorp's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
The Bancorp Inc is a financial holding company, through its subsidiary it is engaged in specialty lending namely securities-backed lines of credit, vehicle fleet and another equipment leasing, Small Business Administration lending, and commercial mortgage-backed loans, generated for sale into commercial mortgage-backed securities markets through securitizations. The company deposits and non-interest income are generated in the payments business which consists of issuing, acquiring, and automated clearing house accounts. The firm also generates revenue from prepaid cards.
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