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Union Bankshares (Union Bankshares) Price-to-Tangible-Book : 1.92 (As of Apr. 26, 2024)


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What is Union Bankshares Price-to-Tangible-Book?

As of today (2024-04-26), Union Bankshares's share price is $28.00. Union Bankshares's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $14.56. Hence, Union Bankshares's Price to Tangible Book Ratio of today is 1.92.

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

UNB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.42   Med: 2.27   Max: 4.23
Current: 1.92

During the past 13 years, Union Bankshares's highest Price to Tangible Book Ratio was 4.23. The lowest was 1.42. And the median was 2.27.

UNB's Price-to-Tangible-Book is ranked worse than
87.55% of 1438 companies
in the Banks industry
Industry Median: 0.93 vs UNB: 1.92

A closely related ratio is called PB Ratio. As of today, Union Bankshares's share price is $28.00. Union Bankshares's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.56. Hence, Union Bankshares's P/B Ratio of today is 1.92.


Union Bankshares Price-to-Tangible-Book Historical Data

The historical data trend for Union Bankshares'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.

Union Bankshares Price-to-Tangible-Book Chart

Union Bankshares 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 2.33 1.42 1.59 1.96 2.10

Union Bankshares 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 1.96 1.64 1.78 1.97 2.10

Competitive Comparison of Union Bankshares's Price-to-Tangible-Book

For the Banks - Regional subindustry, Union Bankshares'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.


Union Bankshares's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where Union Bankshares's Price-to-Tangible-Book falls into.



Union Bankshares Price-to-Tangible-Book Calculation

Union Bankshares's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=28.00/14.563
=1.92

* 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.


Union Bankshares Price-to-Tangible-Book Related Terms

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


Union Bankshares (Union Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
20 Lower Main Street, P.O. Box 667, Morrisville, VT, USA, 05661-0667
Union Bankshares Inc operates as a community bank in the financial services industry. It offers retail and commercial banking services to its customers through its branches, ATMs, telebanking, and internet banking systems. The company provides retail banking services to individuals and commercial banking services to small and medium-sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts within its market area. In addition, it also offers fiduciary and asset management services through its Asset Management Group. Geographically, all the business activity is functioned through the US.
Executives
Patricia N Hogan other: Officer of Union Bank 11 OLD ROUTE 15, CAMBRIDGE VT 05444
Dawn D Bugbee director 313 WEST SHORE ROAD, SOUTH HERO VT 05486
David Scott Silverman director, officer: President & CEO 153 LAZY LANE, MORRISVILLE VT 05661
Mary K Parent director 144 PLEASANT STREET, SAINT JOHNSBURY VT 05819
Nancy C Putnam director 413 JEFF HEIGHTS ROAD, JEFFERSONVILLE VT 05464
Van Dyke Cornelius John director P.O. BOX 1090, STOWE VT 05672-1090
Vincent W Schoenig other: Officer of Union Bank 75 FENIMORE STREET 2, MORRISVILLE VT 05661
Janet P Spitler other: Director of Union Bank 275 KENNEDY DRIVE, SOUTH BURLINGTON VT 05403
Gregory D Sargent director 15 CEDAR HILL DRIVE, ST. ALBANS VT 05478
Stephen H Kendall other: Officer of Union Bank 254 BIRCH ROAD, SHELBURNE VT 05482
Jonathan Jay Gould other: Officer of Union Bank 18 HUNT ROAD, BRISTOL NH 03222
Robert D Hofmann other: Officer of Union Bank 223 SNOW HILL ROAD, WATERBURY CENTER VT 05677
Carrie R Locklin other: Officer of Union Bank 388 WEST HILL ROAD, ST. JOHNSBURY VT 05819
Lura L Jacques other: Officer of Union Bank 1360 PIDGEON HILL ROAD, FRANKLIN VT 05457
Joel S Bourassa director PO BOX 568, NORTH WOODSTOCK NH 032620568