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CVB Financial (CVB Financial) PB Ratio : 1.10 (As of Apr. 26, 2024)


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What is CVB Financial 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 (2024-04-26), CVB Financial's share price is $16.49. CVB Financial's Book Value per Share for the quarter that ended in Dec. 2023 was $15.06. Hence, CVB Financial's PB Ratio of today is 1.10.

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

CVBF' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.79   Max: 2.6
Current: 1.11

During the past 13 years, CVB Financial's highest PB Ratio was 2.60. The lowest was 0.78. And the median was 1.79.

CVBF's PB Ratio is ranked worse than
70.16% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs CVBF: 1.11

During the past 12 months, CVB Financial's average Book Value Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CVB Financial was 21.70% per year. The lowest was -0.70% per year. And the median was 9.50% per year.

Back to Basics: PB Ratio


CVB Financial PB Ratio Historical Data

The historical data trend for CVB Financial'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.

CVB Financial PB Ratio Chart

CVB Financial 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 1.52 1.32 1.39 1.85 1.35

CVB Financial 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 1.17 0.92 1.18 1.35 -

Competitive Comparison of CVB Financial's PB Ratio

For the Banks - Regional subindustry, CVB Financial'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.


CVB Financial's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where CVB Financial's PB Ratio falls into.



CVB Financial 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.

CVB Financial's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=16.49/15.056
=1.10

* 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.


CVB Financial  (NAS:CVBF) 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.


CVB Financial PB Ratio Related Terms

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


CVB Financial (CVB Financial) Business Description

Traded in Other Exchanges
Address
701 N. Haven Avenue, Suite 350, Ontario, CA, USA, 91764
CVB Financial Corp is the holding company for Citizens Business Bank. Citizens Business Bank offers banking, lending, and investing services through approximately 58 banking centers and three trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California.
Executives
Borba George A Jr director 701 N HAVEN AVE, ONTARIO CA 91764
Richard H Wohl officer: EVP & General Counsel 888 EAST WALNUT ST., PASADENA CA 91101
Yamynn Deangelis officer: EVP Chief Risk Officer 701 N. HAVEN AVE., ONTARIO CA 91764
David F Farnsworth officer: EVP & CCO 701 N. HAVEN AVE., ONTARIO CA 91764
Anna Kan director 701 N. HAVEN AVE., ONTARIO CA 91764
Kimberly H. Sheehy director C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Jane Olvera director 701 N HAVEN AVE, ONTARIO CA 91764
O Brien Raymond V Iii director 701 N HAVEN AVENUE, ONTARIO CA 91764
Del Guercio Stephen A director 701 N HAVEN AVE, ONTARIO CA 91764
Hal W Oswalt director 701 N HAVEN AVE, ONTARIO CA 91764
David C Harvey officer: EVP Chief Operations Officer 701 N. HAVEN AVENUE #350, ONTARIO CA 91764
E Allen Nicholson officer: EVP & CFO 701 N. HAVEN AVE., ONTARIO CA 91764
David A. Brager officer: EVP Sales Division Manager 701 N. HAVEN AVE. #350, ONTARIO CA 91764
Kristina M Leslie director DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Francene Lapoint officer: SVP Chief Accounting Officer 1551 NORTH TUSTIN AVENUE, SUITE 300, SANTA ANA CA 92705

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