GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cambridge Bancorp (NAS:CATC) » Definitions » PB Ratio

Cambridge Bancorp (Cambridge Bancorp) PB Ratio : 0.94 (As of Apr. 28, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Cambridge 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 (2024-04-28), Cambridge Bancorp's share price is $64.28. Cambridge Bancorp's Book Value per Share for the quarter that ended in Dec. 2023 was $68.27. Hence, Cambridge Bancorp's PB Ratio of today is 0.94.

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

CATC' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.49   Max: 2.49
Current: 0.94

During the past 13 years, Cambridge Bancorp's highest PB Ratio was 2.49. The lowest was 0.73. And the median was 1.49.

CATC's PB Ratio is ranked worse than
57.75% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs CATC: 0.94

During the past 12 months, Cambridge Bancorp's average Book Value Per Share Growth Rate was 2.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cambridge Bancorp was 18.30% per year. The lowest was 2.00% per year. And the median was 8.50% per year.

Back to Basics: PB Ratio


Cambridge Bancorp PB Ratio Historical Data

The historical data trend for Cambridge 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.

Cambridge Bancorp PB Ratio Chart

Cambridge Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.20 1.49 1.25 1.02

Cambridge Bancorp 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 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 0.97 0.81 0.93 1.02 1.00

Competitive Comparison of Cambridge Bancorp's PB Ratio

For the Banks - Regional subindustry, Cambridge 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.


Cambridge Bancorp's PB Ratio Distribution in the Banks Industry

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

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



Cambridge 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=64.28/68.267
=0.94

* 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.


Cambridge Bancorp  (NAS:CATC) 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.


Cambridge Bancorp PB Ratio Related Terms

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


Cambridge Bancorp (Cambridge Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1336 Massachusetts Avenue, Cambridge, MA, USA, 02138
Cambridge Bancorp is a United States-based bank holding company. Its core services include Wealth Management, Commercial Banking, Residential Lending, and Personal Banking. It provides banking services such as deposit accounts, online and mobile banking, business banking, wealth planning and other services. The company's loan portfolio comprises Residential & commercial mortgages, Home equity, Commercial & Industrial and Consumer.
Executives
Joseph P. Sapienza officer: SVP, Interim CFO 26 MANTER MILL ROAD, LONDONDERRY NH 03053
Simon R Gerlin director C/O CLEAN HARBORS, INC., 42 LONGWATER DRIVE, NORWELL MA 02061-9149
Jeffrey F. Smith officer: EVP/Head of Wealth Mgmt 83 WESTON FARM PATH, MARSHFIELD MA 02050
Stone Robert Gregg Iii director 78 BLANCHARD ROAD, BURLINGTON MA 01803
Denis K Sheahan director, officer: Chairman & CEO 78 BLANCHARD ROAD, BURLINGTON MA 01803
Hambleton Douglas Lord director 78 BLANCHARD ROAD, BURLINGTON MA 01803
Michael Carotenuto officer: Senior VP & CFO 78 BLANCHARD ROAD, BURLINGTON MA 01803
Martin B Millane officer: Exec VP & Chief Lending Off 78 BLANCHARD ROAD, BURLINGTON MA 01803
Peter J. Halberstadt officer: SVP, Chief Credit Officer 11 VIRGINIA ROAD, NEWTON MA 02466
Steven J. Mead officer: SVP, Head of Commercial Serv. 64 SPRINGS ROAD, BEDFORD MA 01730
Jane C. Walsh director 47 MYSTIC VALLEY PARKWAY, WINCHESTER MA 01890
Andargachew S Zelleke director C/O CAMBRIDGE BANCORP, 1336 MASSACHUSETTS AVENUE, CAMBRIDGE MA 02138
Kerri Mooney officer: SVP Dir. of Banking Offices 78 BLANCHARD ROAD, BURLINGTON MA 01803
Danielle Remis Hackel officer: Chief Marketing Officer C/O CAMBRIDGE BANCORP, 78 BLANCHARD RD, BURLINGTON MA 01803
Cathleen Agnes Schmidt director 78 BLANCHARD ROAD, BURLINGTON MA 01803