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Canadian Western Bank (Canadian Western Bank) Price-to-Tangible-Book

: 0.70 (As of Today)
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As of today (2024-04-19), Canadian Western Bank's share price is $19.086. Canadian Western Bank's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $27.23. Hence, Canadian Western Bank's Price to Tangible Book Ratio of today is 0.70.

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

CBWBF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7   Med: 1.22   Max: 2.39
Current: 0.72

During the past 13 years, Canadian Western Bank's highest Price to Tangible Book Ratio was 2.39. The lowest was 0.70. And the median was 1.22.

CBWBF's Price-to-Tangible-Book is ranked better than
69.02% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs CBWBF: 0.72

A closely related ratio is called PB Ratio. As of today, Canadian Western Bank's share price is $19.086. Canadian Western Bank's Book Value per Sharefor the quarter that ended in Jan. 2024 was $30.16. Hence, Canadian Western Bank's P/B Ratio of today is 0.63.


Canadian Western Bank Price-to-Tangible-Book Historical Data

The historical data trend for Canadian Western Bank'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.

Canadian Western Bank Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.29 0.82 1.22 0.72 0.80

Canadian Western Bank Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 0.80 0.70 0.77 0.80 0.82

Competitive Comparison

For the Banks - Regional subindustry, Canadian Western Bank'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.


Canadian Western Bank Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Canadian Western Bank's Price-to-Tangible-Book falls into.



Canadian Western Bank Price-to-Tangible-Book Calculation

Canadian Western Bank's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=19.086/27.227
=0.70

* 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.


Canadian Western Bank Price-to-Tangible-Book Related Terms

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


Canadian Western Bank (Canadian Western Bank) Business Description

Address
10303 Jasper Avenue, Suite 3000, Edmonton, AB, CAN, T5J 3X6
Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products. Canadian Western Trust is engaged in retirement, trustee, and custodial solutions for financial advisors, corporations, and individuals. The company receives maximum revenue from interest income.

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