Cortland Bancorp (Cortland Bancorp) Price-to-Tangible-Book : 1.49 (As of May. 13, 2024)

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What is Cortland Bancorp Price-to-Tangible-Book?

As of today (2024-05-13), Cortland Bancorp's share price is $29.15. Cortland Bancorp's Tangible Book per Share of Jun. 2021 for the quarter that ended in Jun. 2021 was $19.55. Hence, Cortland Bancorp's Price to Tangible Book Ratio of today is 1.49.

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

CLDB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52 Med: 1.31 Max: 2.45
Current: 1.49

During the past 13 years, Cortland Bancorp's highest Price to Tangible Book Ratio was 2.45. The lowest was 0.52. And the median was 1.31.

CLDB's Price-to-Tangible-Book is not ranked
in the Banks industry.
Industry Median: 0.93 vs CLDB: 1.49

A closely related ratio is called PB Ratio. As of today, Cortland Bancorp's share price is $29.15. Cortland Bancorp's Book Value per Sharefor the quarter that ended in Jun. 2021 was $19.55. Hence, Cortland Bancorp's P/B Ratio of today is 1.49.

Cortland Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Cortland 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.

Cortland Bancorp Price-to-Tangible-Book Chart

Cortland Bancorp Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.34

1.47

1.37

1.27

0.97

Cortland Bancorp Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.74	0.82	0.97	1.15	1.37

Competitive Comparison of Cortland Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, Cortland 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.

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

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

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

Cortland Bancorp Price-to-Tangible-Book Calculation

Cortland Bancorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2021 )
	=	29.15	/	19.553
	=	1.49

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.

Cortland Bancorp Price-to-Tangible-Book Related Terms

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

Cortland Bancorp (Cortland Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cortland Bancorp (NAS:CLDB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

194 West Main Street, Cortland, OH, USA, 44410

Website

https://www.cortlandbank.com

Cortland Bancorp is a bank holding company. It is involved in owning, managing and supervising the Cortland bank. The bank is a full-service state-chartered bank that offers commercial and retail banking services. Its products and services include checking accounts, savings accounts, time deposit accounts, commercial and mortgage and installment loans, commercial and consumer lending, internet, and mobile banking options. The company operates in only one segment that is commercial banking.

Executives

David C Cole	director	194 WEST MAIN STREET CORTLAND OH 44410
Hoffman James E Iii	director	194 WEST MAIN STREET CORTLAND OH 44410
Richard B Thompson	director	194 WEST MAIN STREET, CORTLAND OH 44410
Timothy K Woofter	director	194 WEST MAIN STREET CORTLAND OH 44410
Neil J Kaback	director
Joseph E Koch	director	194 WEST MAIN ST. CORTLAND OH 44410
Anthony R Vross	director	194 WEST MAIN STREET CORTLAND OH 44410
Joseph P Langhenry	director	194 WEST MAIN ST. CORTLAND OH 44410
Michael P. Lipke	officer: Vice President	194 WEST MAIN STREET CORTLAND OH 44410
David J Lucido	officer: SVP & CFO	194 WEST MAIN STREET CORTLAND OH 44410
James M Gasior	director, officer: President & CEO	194 WEST MAIN STREET, CORTLAND OH 44410
Thomas P Perciak	director
Stanley P Feret	officer: SVP & CLO	194 WEST MAIN ST. CORTLAND OH 44410
Hicham S Chahine	director	194 WEST MAIN STREET CORTLAND OH 44410
Joseph G. Johnson	officer: SVP & Section 16 Officer	194 WEST MAIN STREET CORTLAND OH 44410