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Glacier Bancorp (Glacier Bancorp) PB Ratio : 1.35 (As of Apr. 27, 2024)


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What is Glacier 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 (2024-04-27), Glacier Bancorp's share price is $37.12. Glacier Bancorp's Book Value per Share for the quarter that ended in Dec. 2023 was $27.43. Hence, Glacier Bancorp's PB Ratio of today is 1.35.

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

GBCI' s PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2   Max: 2.75
Current: 1.35

During the past 13 years, Glacier Bancorp's highest PB Ratio was 2.75. The lowest was 1.04. And the median was 2.00.

GBCI's PB Ratio is ranked worse than
79.56% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs GBCI: 1.35

During the past 12 months, Glacier Bancorp's average Book Value Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Glacier Bancorp was 18.70% per year. The lowest was 2.40% per year. And the median was 10.85% per year.

Back to Basics: PB Ratio


Glacier Bancorp PB Ratio Historical Data

The historical data trend for Glacier 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.

Glacier Bancorp PB Ratio Chart

Glacier 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 2.16 1.90 1.98 1.93 1.52

Glacier 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 1.59 1.18 1.10 1.52 1.47

Competitive Comparison of Glacier Bancorp's PB Ratio

For the Banks - Regional subindustry, Glacier 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.


Glacier Bancorp's PB Ratio Distribution in the Banks Industry

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

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



Glacier 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=37.12/27.434
=1.35

* 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.


Glacier Bancorp  (NYSE:GBCI) 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.


Glacier Bancorp PB Ratio Related Terms

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


Glacier Bancorp (Glacier Bancorp) Business Description

Traded in Other Exchanges
Address
49 Commons Loop, Kalispell, MT, USA, 59901-2679
Glacier Bancorp Inc is a regional bank holding company providing commercial banking services to scores of communities through its wholly-owned bank subsidiary, Glacier Bank. The bank operates a multitude of banking offices in Montana, Idaho, Colorado, Utah, Washington, and Wyoming. The bank's wide range of products and services include deposit, loans, and mortgage origination services, among others. The bank primarily serves individuals, small- to medium-sized businesses, community organizations, and public entities. Glacier's strategy emphasizes both internal growth and growth through selective acquisitions. A majority of the bank's loan portfolio is in commercial real estate, while a majority of its net revenue is net interest income.
Executives
Don J. Chery officer: EXECUTIVE VICE PRESIDENT/CAO 49 COMMONS LOOP, KALISPELL MT 59901
Randall M Chesler officer: Glacier Bank President 49 COMMONS LOOP, KALISPELL MT 59901
Craig A Langel director 3819 STEPHENS AVENUE, MISSOULA MT 59801
Ron J Copher officer: EXECUTIVE VICE PRESIDENT/CFO
Jesus Thomas Espinoza director 49 COMMONS LOOP, KALISPELL MT 59901
David C Boyles director 49 COMMONS LOOP, KALISPELL MT 59901
Kristen Lee Heck director 49 COMMONS LOOP, KALISPELL MT 59901
Michael Burke Hormaechea director 49 COMMONS LOOP, KALISPELL MT 59901
Cashell Robert A. Jr director 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Sherry Leigh Cladouhos director 49 COMMONS LOOP, KALISPELL MT 59901
John W Murdoch director 217 RIDGE TRAIL, BOZEMAN MT 59715
James M English director P.O. BOX 2875, HAYDEN ID 83835
Michael J Blodnick director, officer: PRESIDENT/CEO
George R Sutton director 49 COMMONS LOOP, KALISPELL MT 59901
Douglas J Mcbride director 49 COMMONS LOOP, KALISPELL MT 59901