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Carolina Bank Holdings (Carolina Bank Holdings) PB Ratio : 2.13 (As of Apr. 25, 2024)


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What is Carolina Bank Holdings 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), Carolina Bank Holdings's share price is $27.99. Carolina Bank Holdings's Book Value per Share for the quarter that ended in Sep. 2016 was $13.13. Hence, Carolina Bank Holdings's PB Ratio of today is 2.13.

Warning Sign:

Carolina Bank Holdings Inc stock PB Ratio (=2.13) is close to 10-year high of 2.21

The historical rank and industry rank for Carolina Bank Holdings's PB Ratio or its related term are showing as below:

CLBH' s PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.86   Max: 2.21
Current: 2.13

During the past 13 years, Carolina Bank Holdings's highest PB Ratio was 2.21. The lowest was 0.26. And the median was 0.86.

CLBH's PB Ratio is not ranked
in the Banks industry.
Industry Median: 0.85 vs CLBH: 2.13

During the past 12 months, Carolina Bank Holdings's average Book Value Per Share Growth Rate was 7.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Carolina Bank Holdings was 11.20% per year. The lowest was -0.90% per year. And the median was 6.50% per year.

Back to Basics: PB Ratio


Carolina Bank Holdings PB Ratio Historical Data

The historical data trend for Carolina Bank Holdings'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.

Carolina Bank Holdings PB Ratio Chart

Carolina Bank Holdings 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 0.65 0.90 0.80 1.51 1.97

Carolina Bank Holdings Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.51 1.35 1.37 1.50 1.97

Competitive Comparison of Carolina Bank Holdings's PB Ratio

For the Banks - Regional subindustry, Carolina Bank Holdings'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.


Carolina Bank Holdings's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Carolina Bank Holdings's PB Ratio falls into.



Carolina Bank Holdings 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.

Carolina Bank Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2016)
=27.99/13.132
=2.13

* 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.


Carolina Bank Holdings  (NAS:CLBH) 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.


Carolina Bank Holdings PB Ratio Related Terms

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


Carolina Bank Holdings (Carolina Bank Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Carolina Bank Holdings Inc was incorporated under the laws of the State of North Carolina on August 16, 2000. It is a bank holding company for Carolina Bank. The Company is engaged in a general banking business in Guilford, Alamance, Randolph and Forsyth Counties, North Carolina. Its operations are mainly commercially oriented and directed to individuals and small to medium-sized businesses located in its market area and its deposits and loans are derived mainly from customers in its geographic market. The Company is considered to have three principal business segments Commercial/Retail Bank, the Mortgage Division, and the Holding Company. The mortgage division originates residential mortgage loans through other banks and brokers in addition to retail loan officers, who are located in five loan production offices and in five of its banking offices, and sells the loans to investors. The Company's primary service area consists of the Cities of Greensboro, High Point, Burlington, Winston-Salem and Asheboro, North Carolina and the areas immediately surrounding Greensboro, High Point, Burlington, Winston-Salem and Asheboro, all of which are located in Guilford, Alamance, Forsyth and Randolph Counties, North Carolina. Residential mortgage loan production offices are located in Burlington, Chapel Hill, Hillsborough, Raleigh and Sanford, NC. The Company competes directly for deposits in its primary service area with other commercial banks, savings banks, credit unions, agencies issuing United States government securities and all other organizations and institutions engaged in money market transactions, in lending activities, the bank competes with all other financial institutions. The Company is subject to supervision, examination and regulation by the North Carolina Office of the Commissioner of Banks ("Commissioner") and the FDIC and to North Carolina and federal statutory and regulatory provisions governing such matters as capital standards, mergers, subsidiary investments and establishment of branch offices.
Executives
Abby Jill Donnelly director 3503 SMOKETREE DRIVE, GREENSBORO NC 27410
Donald H Allred director 1246 WEST LAKE DRIVE, ASHEBORO NC 27205-2549