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), NewtekOne's share price is $11.04. NewtekOne's Book Value per Share for the quarter that ended in Dec. 2023 was $9.29. Hence, NewtekOne's PB Ratio of today is 1.19.
Good Sign:
NewtekOne Inc stock PB Ratio (=1.17) is close to 1-year low of 1.12
The historical rank and industry rank for NewtekOne's PB Ratio or its related term are showing as below:
NEWT'
s PB Ratio Range Over the Past 10 Years
Min: 0.68 Med: 1.24 Max: 2.38
Current: 1.19
During the past 13 years, NewtekOne's highest PB Ratio was 2.38. The lowest was 0.68. And the median was 1.24.
NEWT's PB Ratio is ranked worse than 73.18% of 1458
companies
in the Banks industry
Industry Median: 0.85
vs NEWT: 1.19
During the past 12 months, NewtekOne's average Book Value Per Share Growth Rate was -39.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -15.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NewtekOne was 64.30% per year. The lowest was -16.70% per year. And the median was 3.20% per year.
Back to Basics: PB Ratio
NewtekOne PB Ratio Historical Data
The historical data trend for NewtekOne'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.
For the Banks - Regional subindustry, NewtekOne'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.
NewtekOne's PB Ratio Distribution in the Banks Industry
For the Banks industry and Financial Services sector, NewtekOne's PB Ratio distribution charts can be found below:
* The bar in red indicates where NewtekOne's PB Ratio falls into.
NewtekOne 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.
NewtekOne's PB Ratio for today is calculated as follows:
* 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.
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.
NewtekOne PB Ratio Related Terms
Thank you for viewing the detailed overview of NewtekOne's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions.
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