Close Brothers Group (Close Brothers Group) Price-to-Tangible-Book

: 0.42 (As of Today)

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As of today (2024-04-19), Close Brothers Group's share price is $11.17. Close Brothers Group's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $26.40. Hence, Close Brothers Group's Price to Tangible Book Ratio of today is 0.42.

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

CBGPY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42 Med: 1.88 Max: 2.85
Current: 0.42

During the past 13 years, Close Brothers Group's highest Price to Tangible Book Ratio was 2.85. The lowest was 0.42. And the median was 1.88.

CBGPY's Price-to-Tangible-Book is ranked better than
87.87% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs CBGPY: 0.42

A closely related ratio is called PB Ratio. As of today, Close Brothers Group's share price is $11.17. Close Brothers Group's Book Value per Sharefor the quarter that ended in Jan. 2024 was $30.93. Hence, Close Brothers Group's P/B Ratio of today is 0.36.

Close Brothers Group Price-to-Tangible-Book Historical Data

The historical data trend for Close Brothers Group'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.

Close Brothers Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Price-to-Tangible-Book

1.69

1.42

1.84

1.23

1.01

Close Brothers Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Price-to-Tangible-Book																1.43	1.23	1.08	1.01	0.53

Competitive Comparison

For the Banks - Regional subindustry, Close Brothers Group'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.

Close Brothers Group Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Close Brothers Group's Price-to-Tangible-Book falls into.

Close Brothers Group Price-to-Tangible-Book Calculation

Close Brothers Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	11.17	/	26.4
	=	0.42

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.

Close Brothers Group Price-to-Tangible-Book Related Terms

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

Close Brothers Group (Close Brothers Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Close Brothers Group PLC (OTCPK:CBGPY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CBGPF:USA CBGl:UK CBG:UK CS3:Germany

Address

10 Crown Place, London, GBR, EC2A 4FT

Website

https://www.closebrothers.com

Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.

Close Brothers Group (Close Brothers Group) Headlines

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