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Gouverneur Bancorp Inc (OTCPK:GOVB)
PB Ratio
1.88 (As of Today)

As of today, Gouverneur Bancorp Inc's share price is \$17.00. Gouverneur Bancorp Inc's Book Value per Share for the quarter that ended in Jun. 2008 was \$9.05. Hence, Gouverneur Bancorp Inc's P/B Ratio of today is 1.88.

Definition

Gouverneur Bancorp Inc's P/B ratio for today is calculated as follows:

 P/B Ratio = Share Price / Book Value per Share (Q: Jun. 2008) = 17.00 / 9.053 = 1.88

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

 P/B Ratio = Market Cap / (Total Equity - Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book Ratio. The difference between Price-to-Tangible-Book Ratio and Price-to-Book Ratio is that book value other than intangibles are used in the calculation.

Explanation

Unlike valuation ratios relative to the earning power such as P/E ratio, P/S ratio or Price-to-Free-Cash-Flow ratio, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Gouverneur Bancorp Inc Annual Data

 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 pb 0.00 0.00 0.77 1.16 1.36 1.43 1.78 1.51 1.62 1.27

Gouverneur Bancorp Inc Quarterly Data

 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 pb 0.00 0.00 1.62 0.00 0.00 0.00 1.27 0.00 0.00 0.00
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