Bank of Greece (ATH:TELL) PB Ratio : 0.08 (As of May. 11, 2024)

View and export this data going back to 1930. Start your Free Trial

What is Bank of Greece PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), Bank of Greece's share price is €14.10. Bank of Greece's Book Value per Share for the quarter that ended in Dec. 2023 was €178.44. Hence, Bank of Greece's PB Ratio of today is 0.08.

Good Sign:

Bank of Greece stock PB Ratio (=0.08) is close to 10-year low of 0.08

The historical rank and industry rank for Bank of Greece's PB Ratio or its related term are showing as below:

ATH:TELL' s PB Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.33 Max: 0.6
Current: 0.08

During the past 13 years, Bank of Greece's highest PB Ratio was 0.60. The lowest was 0.08. And the median was 0.33.

ATH:TELL's PB Ratio is ranked better than
99.45% of 1457 companies
in the Banks industry
Industry Median: 0.86 vs ATH:TELL: 0.08

During the past 12 months, Bank of Greece's average Book Value Per Share Growth Rate was 2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 75.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 56.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bank of Greece was 79.20% per year. The lowest was -10.00% per year. And the median was 0.65% per year.

Back to Basics: PB Ratio

Bank of Greece PB Ratio Historical Data

The historical data trend for Bank of Greece's PB Ratio 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.

Bank of Greece PB Ratio Chart

Bank of Greece Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.46

0.48

0.10

0.08

Bank of Greece Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
PB Ratio	Get a 7-Day Free Trial															0.46	0.48	0.10	0.10	0.08

Competitive Comparison of Bank of Greece's PB Ratio

For the Banks - Regional subindustry, Bank of Greece's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Bank of Greece's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Greece's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Greece's PB Ratio falls into.

Bank of Greece PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Bank of Greece's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	14.10	/	178.443
	=	0.08

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Bank of Greece (ATH:TELL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Bank of Greece PB Ratio Related Terms

Thank you for viewing the detailed overview of Bank of Greece's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Bank of Greece (ATH:TELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Greece (ATH:TELL) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

BGC:Germany

Address

21, E. Venizelos Avenue, Athens, GRC, 10250

Website

http://www.bankofgreece.gr

Bank of Greece operate as a central bank of Greece. It is responsible for implementing the Eurosystem's monetary policy in Greece and safeguarding the stability of the Greek financial system. Its primary objective is to ensure the stability of the general price level.