GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NewBridge Bancorp (NAS:NBBC) » Definitions » PB Ratio

NewBridge Bancorp (NewBridge Bancorp) PB Ratio : 1.64 (As of Apr. 26, 2024)


View and export this data going back to . Start your Free Trial

What is NewBridge Bancorp 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), NewBridge Bancorp's share price is $10.93. NewBridge Bancorp's Book Value per Share for the quarter that ended in Sep. 2015 was $6.65. Hence, NewBridge Bancorp's PB Ratio of today is 1.64.

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

NBBC'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


NewBridge Bancorp PB Ratio Historical Data

The historical data trend for NewBridge Bancorp'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.

NewBridge Bancorp PB Ratio Chart

NewBridge Bancorp Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.83 1.39 1.40 1.83

NewBridge Bancorp Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 1.40 1.38 1.37 1.28 1.83

Competitive Comparison of NewBridge Bancorp's PB Ratio

For the Banks - Regional subindustry, NewBridge Bancorp'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.


NewBridge Bancorp's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where NewBridge Bancorp's PB Ratio falls into.



NewBridge Bancorp 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.

NewBridge Bancorp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2015)
=10.93/6.653
=1.64

* 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.


NewBridge Bancorp  (NAS:NBBC) 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.


NewBridge Bancorp PB Ratio Related Terms

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


NewBridge Bancorp (NewBridge Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
NewBridge Bancorp was incorporated in the State of North Carolina on December 6, 1982. The Company is a bank holding company. The Company through its banking subsidiary provides banking products to small to medium-sized businesses and retail clients in its market areas, including interest-bearing and noninterest-bearing demand deposit accounts, certificates of deposits, individual retirement accounts, overdraft protection, personal and corporate trust services, safe deposit boxes, online banking, corporate cash management, brokerage, financial planning and asset management, and secured and unsecured loans. The Company also offers lending services, including construction, real estate, and commercial and consumer loans, to small to medium-sized businesses, middle market businesses, real estate developers and retail clients that are located in or conduct a substantial portion of their business in the market areas. It maintains operations facilities in Lexington and Reidsville, NC. It operated approximately 40 branch offices in its four markets including Charlotte, Raleigh, the Cape Fear Region and the Piedmont Triad Region and eight loan production offices. The Bank focuses its marketing efforts on small to medium-sized businesses, professionals and retail clients, and on achieving certain strategic objectives, including increasing noninterest income and growing core deposits and loans. The Bank promotes its brand through its association with the Greensboro minor league baseball team and ballpark (NewBridge Bank Park), traditional advertising and promotions, sponsorship of local events and other community-focused campaigns. The Bank also invests in bank-hosted events and client hospitality opportunities that foster relationship building and business development. The Company's clients are located in Brunswick, Davidson, Forsyth, Guilford, Mecklenburg, New Hanover, Pender, Rockingham, Sampson, Stokes and Wake Counties. It faces competition from a number of sources, including commercial banks, thrift institutions, credit unions and other financial institutions and financial intermediaries. The Company is subject to examination by the FDIC and the Commissioner. In addition, it is subject to various other state and federal laws and regulations, including state usury laws, laws relating to fiduciaries, consumer credit, equal credit and fair credit reporting laws and laws relating to branch banking.
Executives
Ramsey K Hamadi officer: SEVP and CFO C/O AMERICAN NATIONAL BANK & TRUST CO., 628 MAIN STREET, DANVILLE VA 24541
G Alfred Webster director P. O. BOX 2037, REIDSVILLE NC 27323

NewBridge Bancorp (NewBridge Bancorp) Headlines

From GuruFocus

NewBridge Bancorp (NBBC) CFO Ramsey K Hamadi buys 1,500 Shares

By GuruFocus Research GuruFocus Editor 08-05-2010

NewBridge Bancorp Reports Operating Results (10-Q)

By gurufocus 10qk 05-14-2010

NewBridge Bancorp (NBBC) CFO Ramsey K Hamadi buys 1,500 Shares

By GuruFocus Research GuruFocus Editor 05-19-2010

NewBridge Bancorp (NBBC) CFO Ramsey K Hamadi buys 2,050 Shares

By GuruFocus Research GuruFocus Editor 08-24-2010

NewBridge Bancorp (NBBC) CFO Ramsey K Hamadi buys 1,000 Shares

By GuruFocus Research GuruFocus Editor 08-25-2010

Group Insider Buying Reported in Regional Banking Stocks

By Monica Wolfe Monica Wolfe 07-24-2013

NewBridge Bancorp (NBBC) CFO Ramsey K Hamadi buys 2,500 Shares

By GuruFocus Research GuruFocus Editor 09-09-2009