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Cardinal Financial (Cardinal Financial) PB Ratio : 2.08 (As of Apr. 26, 2024)


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What is Cardinal 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), Cardinal Financial's share price is $29.04. Cardinal Financial's Book Value per Share for the quarter that ended in Dec. 2016 was $13.96. Hence, Cardinal Financial's PB Ratio of today is 2.08.

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

CFNL'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


Cardinal Financial PB Ratio Historical Data

The historical data trend for Cardinal 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.

Cardinal Financial PB Ratio Chart

Cardinal Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.70 1.69 1.78 2.39

Cardinal Financial Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 1.55 1.63 1.89 2.39 -

Competitive Comparison of Cardinal Financial's PB Ratio

For the Banks - Regional subindustry, Cardinal 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.


Cardinal Financial's PB Ratio Distribution in the Banks Industry

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

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



Cardinal 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2016)
=29.04/13.958
=2.08

* 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.


Cardinal Financial  (NAS:CFNL) 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.


Cardinal Financial PB Ratio Related Terms

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


Cardinal Financial (Cardinal Financial) Business Description

Traded in Other Exchanges
N/A
Address
Cardinal Financial Corporation was incorporated under the laws of Virginia as a financial holding Company on June, 25, 2003. The Company's activities consist of investments in its wholly-owned subsidiaries. The main operating subsidiary of the company is Cardinal Bank. Cardinal Bank offers a range of traditional bank loan and deposit products and services to both its commercial and retail customers. The Company's commercial relationship managers attract small and medium sized businesses as well as government contractors, commercial real estate developers and builders and professionals, such as physicians, accountants and attorneys. The Company operates in three business segments, commercial banking, mortgage banking and wealth management and trust services. The commercial banking segment includes both commercial and consumer lending and provides customers such products as commercial loans, real estate loans, and other business financing and consumer loans. In addition, this segment provides customers with several choices of deposit products, including demand deposit accounts, savings accounts and certificates of deposit. The mortgage banking segment engages mainly in the origination and acquisition of residential mortgages for sale into the secondary market on a efforts basis. The wealth management and trust services segment provides investment and financial advisory services to businesses and individuals, including financial planning, retirement/estate planning, trust, estates, custody, investment management, escrows, and retirement plans. The Company competes as a financial intermediary with other commercial banks, savings and loan associations, savings banks, credit unions, mortgage banking firms, consumer finance companies, securities brokerage firms, insurance companies, mutual fund groups and other types of financial institutions. The Bank is subject to regulation, supervision and examination by the Bureau of Financial Institutions of the Virginia State Corporation Commission. The Bank and its also are subject to regulation, supervision and examination by the Federal Deposit Insurance Corporation.
Executives
Mark A Wendel officer: EVP/Chief Financial Officer C/O FIRST COMMUNITY BANCSHARES, P.O. BOX 989, BLUEFIELD VA 24605-0989
Bernard H Clineburg director, officer: Executive Chairman CARDINAL FINANCIAL CORP, 8270 GREENSBORO DRIVE STE 500, MCLEAN VA 22102
Barbara B Lang director 8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102
Steven M Wiltse director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Alan G Merten director 11020 POPES HEAD ROAD, FAIRFAX VA 22030
Kendal E Carson officer: President 514 MARKET STREET, PARKERSBURG WV 26101
Cynthia A Cole officer: EVP/Marketing Director 8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102