Hingham Institution forvings (Hingham Institution forvings) PB Ratio : 0.94 (As of Apr. 25, 2024)

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What is Hingham Institution forvings 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 (2024-04-25), Hingham Institution forvings's share price is $177.01. Hingham Institution forvings's Book Value per Share for the quarter that ended in Jun. 2023 was $188.50. Hence, Hingham Institution forvings's PB Ratio of today is 0.94.

The historical rank and industry rank for Hingham Institution forvings's PB Ratio or its related term are showing as below:

HIFS' s PB Ratio Range Over the Past 10 Years
Min: 0.82 Med: 1.79 Max: 2.72
Current: 0.94

During the past 13 years, Hingham Institution forvings's highest PB Ratio was 2.72. The lowest was 0.82. And the median was 1.79.

HIFS's PB Ratio is ranked worse than
57.37% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs HIFS: 0.94

During the past 12 months, Hingham Institution forvings's average Book Value Per Share Growth Rate was 4.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hingham Institution forvings was 18.40% per year. The lowest was 6.70% per year. And the median was 10.75% per year.

Back to Basics: PB Ratio

Hingham Institution forvings PB Ratio Historical Data

The historical data trend for Hingham Institution forvings'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.

Hingham Institution forvings PB Ratio Chart

Hingham Institution forvings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.82

1.58

2.54

1.54

1.03

Hingham Institution forvings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.66	1.43	1.54	1.15	1.03

Competitive Comparison of Hingham Institution forvings's PB Ratio

For the Banks - Regional subindustry, Hingham Institution forvings'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.

Hingham Institution forvings's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Hingham Institution forvings's PB Ratio falls into.

Hingham Institution forvings 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.

Hingham Institution forvings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	177.01	/	188.504
	=	0.94

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Hingham Institution forvings (NAS:HIFS) 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.

Hingham Institution forvings PB Ratio Related Terms

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

Hingham Institution forvings (Hingham Institution forvings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hingham Institution for Savings (NAS:HIFS) » Definitions » PB Ratio

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Traded in Other Exchanges

HS3:Germany

Address

55 Main Street, Hingham, MA, USA, 02043

Website

https://www.hinghamsavings.com

Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.