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National Bank of Canada (National Bank of Canada) Price-to-Tangible-Book : 1.91 (As of Apr. 26, 2024)


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What is National Bank of Canada Price-to-Tangible-Book?

As of today (2024-04-26), National Bank of Canada's share price is $81.67. National Bank of Canada's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $42.82. Hence, National Bank of Canada's Price to Tangible Book Ratio of today is 1.91.

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

NTIOF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.52   Med: 2.29   Max: 2.79
Current: 1.95

During the past 13 years, National Bank of Canada's highest Price to Tangible Book Ratio was 2.79. The lowest was 1.52. And the median was 2.29.

NTIOF's Price-to-Tangible-Book is ranked worse than
87.9% of 1438 companies
in the Banks industry
Industry Median: 0.93 vs NTIOF: 1.95

A closely related ratio is called PB Ratio. As of today, National Bank of Canada's share price is $81.67. National Bank of Canada's Book Value per Sharefor the quarter that ended in Jan. 2024 was $48.87. Hence, National Bank of Canada's P/B Ratio of today is 1.67.


National Bank of Canada Price-to-Tangible-Book Historical Data

The historical data trend for National Bank of Canada'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.

National Bank of Canada Price-to-Tangible-Book Chart

National Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 2.00 2.44 1.82 1.50

National Bank of Canada 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 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 1.93 1.87 1.89 1.50 1.79

Competitive Comparison of National Bank of Canada's Price-to-Tangible-Book

For the Banks - Diversified subindustry, National Bank of Canada'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.


National Bank of Canada's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where National Bank of Canada's Price-to-Tangible-Book falls into.



National Bank of Canada Price-to-Tangible-Book Calculation

National Bank of Canada's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=81.67/42.824
=1.91

* 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.


National Bank of Canada Price-to-Tangible-Book Related Terms

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


National Bank of Canada (National Bank of Canada) Business Description

Address
600 Rue De La Gauchetiere West, 4th Floor, Montreal, QC, CAN, H3B 4L2
National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.

National Bank of Canada (National Bank of Canada) Headlines

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