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Atlantic Coast Financial (Atlantic Coast Financial) PB Ratio : 1.85 (As of Apr. 26, 2024)


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What is Atlantic Coast 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), Atlantic Coast Financial's share price is $10.89. Atlantic Coast Financial's Book Value per Share for the quarter that ended in Mar. 2018 was $5.90. Hence, Atlantic Coast Financial's PB Ratio of today is 1.85.

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

ACFC's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.85
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Atlantic Coast Financial PB Ratio Historical Data

The historical data trend for Atlantic Coast 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.

Atlantic Coast Financial PB Ratio Chart

Atlantic Coast Financial Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.85 1.13 1.21 1.62

Atlantic Coast Financial Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 1.33 1.35 1.50 1.62 1.75

Competitive Comparison of Atlantic Coast Financial's PB Ratio

For the Banks - Regional subindustry, Atlantic Coast 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.


Atlantic Coast Financial's PB Ratio Distribution in the Banks Industry

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

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



Atlantic Coast 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2018)
=10.89/5.902
=1.85

* 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.


Atlantic Coast Financial  (NAS:ACFC) 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.


Atlantic Coast Financial PB Ratio Related Terms

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


Atlantic Coast Financial (Atlantic Coast Financial) Business Description

Traded in Other Exchanges
N/A
Address
Atlantic Coast Financial Corp is the community bank in Northeast Florida and Southeast Georgia. It focuses on attracting deposits and investing those funds primarily in loans, including commercial real estate loans, consumer loans, first mortgages on owner-occupied, one- to four-family residences and home equity loans. Additionally, the Bank invests funds in multi-family residential loans, commercial business loans, and commercial and residential construction loans. It also invests funds in investment securities, primarily those issued by U.S. government-sponsored agencies or entities, including Fannie Mae, Freddie Mac, and Ginnie Mae. Revenues are derived principally from interest on loans and other interest-earning assets, such as investment securities.
Executives
Bhanu Choudhrie director 4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
Jay S Sidhu director 4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
James D Hogan director 4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
John J Dolan director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Wagers Thomas B Sr officer: COO of Subsidiary 6444 SUMMIT STREET, KANSAS CITY MO 64113

Atlantic Coast Financial (Atlantic Coast Financial) Headlines