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Sterling Bancorp (Sterling Bancorp) PB Ratio : 1.07 (As of May. 05, 2024)


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What is Sterling Bancorp 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 (2024-05-05), Sterling Bancorp's share price is $26.29. Sterling Bancorp's Book Value per Share for the quarter that ended in Sep. 2021 was $24.66. Hence, Sterling Bancorp's PB Ratio of today is 1.07.

Good Sign:

Sterling Bancorp stock PB Ratio (=1.09) is close to 1-year low of 1.04

Warning Sign:

Sterling Bancorp stock PB Ratio (=1.09) is close to 5-year high of 1.19

The historical rank and industry rank for Sterling Bancorp's PB Ratio or its related term are showing as below:

STL' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.96   Max: 1.19
Current: 1.09

During the past 13 years, Sterling Bancorp's highest PB Ratio was 1.19. The lowest was 0.42. And the median was 0.96.

STL's PB Ratio is not ranked
in the Banks industry.
Industry Median: 0.86 vs STL: 1.09

During the past 12 months, Sterling Bancorp's average Book Value Per Share Growth Rate was 30.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 21.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sterling Bancorp was 63.30% per year. The lowest was -9.80% per year. And the median was 24.30% per year.

Back to Basics: PB Ratio


Sterling Bancorp PB Ratio Historical Data

The historical data trend for Sterling Bancorp'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.

Sterling Bancorp PB Ratio Chart

Sterling Bancorp Annual Data
Trend Sep12 Sep13 Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 0.83 0.95 0.78 -

Sterling Bancorp Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
PB Ratio 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 0.78 0.99 1.04 1.03 -

Competitive Comparison of Sterling Bancorp's PB Ratio

For the Banks - Regional subindustry, Sterling Bancorp'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.


Sterling Bancorp's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Sterling Bancorp's PB Ratio falls into.



Sterling Bancorp 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.

Sterling Bancorp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2021)
=26.29/24.655
=1.07

* 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 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.


Sterling Bancorp  (NYSE:STL) 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.


Sterling Bancorp PB Ratio Related Terms

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


Sterling Bancorp (Sterling Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Two Blue Hill Plaza, Second Floor, Pearl River, New York, NY, USA, 10965
Sterling Bancorp is a financial and bank holding company that operates primarily through its wholly owned subsidiary, Sterling National Bank. Sterling National Bank is a full-service regional bank that primarily delivers products and services to small and middle market commercial businesses and affluent consumers. Those products and services include deposit, lending, and wealth management products. The bank's strategy emphasizes growth, efficiency, and relationship building with its niche target market. It primarily operates in the New York metropolitan and suburban markets. Nearly all of its loan portfolio is in commercial loans, a plurality of which is in commercial real estate, followed by traditional commercial and industrial loans.
Executives
James P Blose officer: General Counsel and CLO C/O 21 SCARSDALE ROAD, YONKERS NY 10707
Javier L. Evans officer: Chief Human Resource Officer 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Luis Massiani officer: EVP/CFO C/O PROVIDENT BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Jack L Kopnisky director, officer: President & CEO C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Thomas X Geisel officer: EVP, President of Specialty Le 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Marissa Weidner officer: Chief Human Resource Officer TWO BLUE HILL PLAZA SECOND FLOOR PEARL RIVER NY 10965
James J Landy director
Beatrice Ordonez officer: Executive Vice President TWO BLUE HILL PLAZA - SECOND FLOOR, PEARL RIVER NY 10965
Patricia M Nazemetz director XEROX CORPORATION, 800 LONG RIDGE ROAD, STAMFORD CT 06904
Richard L. O'toole director C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Robert Giambrone director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Maureen Mitchell director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Fernando Ferrer director 650 FIFTH AVENUE NEW YORK NY 10019
John P. Cahill director 612 EAST GRASSY SPRAIN ROAD, YONKERS NY 10710
Mona Aboelnaga director 400 RELLA BOULEVARD, MONTEBELLO NY 10901