South Atlantic Bancshares (South Atlantic Bancshares) PB Ratio : 0.77 (As of May. 06, 2024)

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What is South Atlantic Bancshares 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 (2024-05-06), South Atlantic Bancshares's share price is $10.62. South Atlantic Bancshares's Book Value per Share for the quarter that ended in Mar. 2024 was $13.82. Hence, South Atlantic Bancshares's PB Ratio of today is 0.77.

Good Sign:

South Atlantic Bancshares Inc stock PB Ratio (=0.77) is close to 3-year low of 0.77

The historical rank and industry rank for South Atlantic Bancshares's PB Ratio or its related term are showing as below:

SABK' s PB Ratio Range Over the Past 10 Years
Min: 0.6 Med: 1.09 Max: 1.84
Current: 0.77

During the past 12 years, South Atlantic Bancshares's highest PB Ratio was 1.84. The lowest was 0.60. And the median was 1.09.

SABK's PB Ratio is ranked better than
59.67% of 1458 companies
in the Banks industry
Industry Median: 0.86 vs SABK: 0.77

During the past 12 months, South Atlantic Bancshares's average Book Value Per Share Growth Rate was 11.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.10% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of South Atlantic Bancshares was 15.70% per year. The lowest was 0.40% per year. And the median was 9.70% per year.

Back to Basics: PB Ratio

South Atlantic Bancshares PB Ratio Historical Data

The historical data trend for South Atlantic Bancshares'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.

South Atlantic Bancshares PB Ratio Chart

South Atlantic Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.07

0.93

1.11

1.14

0.94

South Atlantic Bancshares Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.06	0.79	0.82	0.94	0.79

Competitive Comparison of South Atlantic Bancshares's PB Ratio

For the Banks - Regional subindustry, South Atlantic Bancshares'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.

South Atlantic Bancshares's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, South Atlantic Bancshares's PB Ratio distribution charts can be found below:

* The bar in red indicates where South Atlantic Bancshares's PB Ratio falls into.

South Atlantic Bancshares 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.

South Atlantic Bancshares's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	10.62	/	13.824
	=	0.77

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.

South Atlantic Bancshares (OTCPK:SABK) 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.

South Atlantic Bancshares PB Ratio Related Terms

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

South Atlantic Bancshares (South Atlantic Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » South Atlantic Bancshares Inc (OTCPK:SABK) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

630 29th Avenue North, Myrtle Beach, SC, USA, 29577

Website

https://www.southatlantic.bank

South Atlantic Bancshares Inc is A United States-based bank holding company. The business activity of the bank is to provide banking services to domestic markets. Its product offering includes Personal and business checking, Savings, and Money market accounts, along with Residential mortgages, Commercial Loans, and Lines of credit. The bank also offers other services like mobile banking application, treasury, remote deposit capture, and merchant card services; telephone and online banking, and ATM services; and debit and credit cards.