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United Bancshares (United Bancshares) PB Ratio : 0.62 (As of May. 12, 2024)


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What is United Bancshares 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 (2024-05-12), United Bancshares's share price is $18.45. United Bancshares's Book Value per Share for the quarter that ended in Mar. 2024 was $29.96. Hence, United Bancshares's PB Ratio of today is 0.62.

Good Sign:

United Bancshares Inc stock PB Ratio (=0.62) is close to 3-year low of 0.59

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

UBOH' s PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.8   Max: 1.13
Current: 0.62

During the past 13 years, United Bancshares's highest PB Ratio was 1.13. The lowest was 0.45. And the median was 0.80.

UBOH's PB Ratio is ranked better than
74.33% of 1457 companies
in the Banks industry
Industry Median: 0.86 vs UBOH: 0.62

During the past 12 months, United Bancshares's average Book Value Per Share Growth Rate was 5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of United Bancshares was 13.80% per year. The lowest was -9.20% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio


United Bancshares PB Ratio Historical Data

The historical data trend for United Bancshares'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.

United Bancshares PB Ratio Chart

United Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.75 0.84 0.71 0.62

United Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.67 0.67 0.72 0.62 0.63

Competitive Comparison of United Bancshares's PB Ratio

For the Banks - Regional subindustry, United Bancshares'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.


United Bancshares's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where United Bancshares's PB Ratio falls into.



United Bancshares 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.

United Bancshares's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=18.45/29.958
=0.62

* 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.


United Bancshares  (OTCPK:UBOH) 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.


United Bancshares PB Ratio Related Terms

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


United Bancshares (United Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
105 Progressive Drive, Columbus Grove, OH, USA, 45830
United Bancshares Inc is a bank holding company. The company provides commercial and retail banking services. It offers a range of commercial banking services, including checking accounts, savings and money market accounts, online banking, wealth management services and treasury management services. The company also provides commercial, consumer, agricultural, residential mortgage and home equity loans; certificates of deposit, safe deposit box rentals, and other personalized banking services.
Executives
H Edward Rigel director, other: Director of Subsidiary 9725 ROAD B, LEIPSIC OH 45856
Brian D Young officer: CFO 100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Norman V Schnipke officer: Sr Compliance Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Heather Marie Oatman officer: Secretary 100 SOUTH HIGH STREET, COLUMBUS GROVE OH 45830
Stacey L Clemens officer: Chief Risk Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Brent D Nussbaum officer: Chief Information Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Teresa M Deitering officer: Chief Credit Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Klint D Manz officer: Chief Lending Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Travis E Vulich officer: SVP of Mortgage Division 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
John Patrick Miller officer: Chief Lending Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Curtis E Shepherd officer: EVP of Retail Banking
Stacy A Cox officer: CFO 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
David P Roach director 1211 HEDRICK, DELPHOS OH 45833
Daniel J Lucke officer: Interim CFO 100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Herbert H Huffman director 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830