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Bancorp of New Jersey (Bancorp of New Jersey) PB Ratio : 1.40 (As of May. 11, 2024)


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What is Bancorp of New Jersey 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), Bancorp of New Jersey's share price is $17.89. Bancorp of New Jersey's Book Value per Share for the quarter that ended in Sep. 2019 was $12.77. Hence, Bancorp of New Jersey's PB Ratio of today is 1.40.

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

BKJ's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.86
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Bancorp of New Jersey PB Ratio Historical Data

The historical data trend for Bancorp of New Jersey'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.

Bancorp of New Jersey PB Ratio Chart

Bancorp of New Jersey Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.95 1.11 1.52 1.07

Bancorp of New Jersey Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 1.42 1.07 1.07 1.10 1.32

Competitive Comparison of Bancorp of New Jersey's PB Ratio

For the Banks - Regional subindustry, Bancorp of New Jersey'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.


Bancorp of New Jersey's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bancorp of New Jersey's PB Ratio falls into.



Bancorp of New Jersey 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.

Bancorp of New Jersey's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2019)
=17.89/12.765
=1.40

* 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.


Bancorp of New Jersey  (AMEX:BKJ) 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.


Bancorp of New Jersey PB Ratio Related Terms

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Bancorp of New Jersey (Bancorp of New Jersey) Business Description

Traded in Other Exchanges
N/A
Address
1365 Palisade Avenue, Fort Lee, NJ, USA, 07024
Bancorp of New Jersey Inc is engaged in the banking business sector. Its business is of ownership and supervision of the bank. It accepts deposits from the general public, including individuals, businesses, non-profit organizations, and governmental units. It also provides other customer services and makes investments in securities. The bank receives maximum revenue in the form of interest income. Geographically, the company operates in the United States of America market region.
Executives
Mark Sokolich director 204 MAIN STREET, FORT LEE NJ 07024
Michael Lesler director, officer: President & CEO 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07015