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Croghan Bancshares (Croghan Bancshares) PB Ratio : 0.79 (As of Apr. 28, 2024)


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What is Croghan 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 (2024-04-28), Croghan Bancshares's share price is $45.50. Croghan Bancshares's Book Value per Share for the quarter that ended in Mar. 2024 was $57.35. Hence, Croghan Bancshares's PB Ratio of today is 0.79.

Good Sign:

Croghan Bancshares Inc stock PB Ratio (=0.79) is close to 3-year low of 0.79

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

CHBH' s PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.96   Max: 1.28
Current: 0.79

During the past 13 years, Croghan Bancshares's highest PB Ratio was 1.28. The lowest was 0.61. And the median was 0.96.

CHBH's PB Ratio is ranked better than
57.34% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs CHBH: 0.79

During the past 12 months, Croghan Bancshares's average Book Value Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Croghan Bancshares was 8.50% per year. The lowest was -26.80% per year. And the median was 5.60% per year.

Back to Basics: PB Ratio


Croghan Bancshares PB Ratio Historical Data

The historical data trend for Croghan 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.

Croghan Bancshares PB Ratio Chart

Croghan Bancshares 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 0.98 0.85 1.00 1.11 0.81

Croghan 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 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 0.89 0.89 0.81 0.79

Competitive Comparison of Croghan Bancshares's PB Ratio

For the Banks - Regional subindustry, Croghan 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.


Croghan Bancshares's PB Ratio Distribution in the Banks Industry

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

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



Croghan 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=45.50/57.348
=0.79

* 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.


Croghan Bancshares  (OTCPK:CHBH) 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.


Croghan Bancshares PB Ratio Related Terms

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


Croghan Bancshares (Croghan Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
323 Croghan Street, Fremont, OH, USA, 43420
Croghan Bancshares Inc operates as a bank holding company. It operates in one segment, Commercial Banking. The company offers a diverse range of commercial and retail banking services through its banking centers. Its products are comprised of traditional banking services such as consumer, commercial, agricultural, and real estate loans, personal and business checking accounts, savings accounts, time deposit accounts, safe deposit box services and trust department services.
Executives
James E Bowlus director 460 KINGSGATE DRIVE, FREMONT OH 43420
Barry F Luse officer: Vice President/Trust Officer 1927 ROBERT AVENUE, FREMONT OH 43420
Claire F Johansen director 5600 SOUTH CR 19, TIFFIN OH 44883
Allen Michael D Sr director 5639 SR 113, BELLEVUE OH 44811
James R Faist director 119 CANTERBURY DRIVE, FREMONT OH 43420
Kendall W Rieman officer: Vice President/CFO and COO 3339 CR 223, FREMONT OH 43420
Rick M Robertson director, officer: President and CEO 1687 TOMAHAWK TRACE, FREMONT OH 43420
Stephen A Kemper director 455 WEST MAIN STREET, BELLEVUE OH 44811
Daniel W Lease director 2276 EAST STATE STREET, FREMONT OH 43420
Allan E Mehlow director 2569 FANGBONER ROAD, FREMONT OH 43420
Thomas W Mclaughlin director 2221 COLE CREEK DRIVE, NORWALK OH 44857
Elder Thomas J Jr officer: Vice President 3584 SOUTH LINKER PORTAGE ROAD, ELMORE OH 43416-9730
Claude E Young director 2242 SOUTH SR 19, GREEN SPRINGS OH 44836
John C Hoffman officer: Controller 1207 JUNE STREET, FREMONT OH 43420
Robert H Moyer director 519 SMITH ROAD, FREMONT OH 43420

Croghan Bancshares (Croghan Bancshares) Headlines

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