Danske Bank A/S (Danske Bank A/S) PB Ratio

: 0.98 (As of Today)

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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 (2024-04-19), Danske Bank A/S's share price is $29.33. Danske Bank A/S's Book Value per Share for the quarter that ended in Dec. 2023 was $29.91. Hence, Danske Bank A/S's PB Ratio of today is 0.98.

The historical rank and industry rank for Danske Bank A/S's PB Ratio or its related term are showing as below:

DNSKF' s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.85 Max: 1.47
Current: 0.99

During the past 13 years, Danske Bank A/S's highest PB Ratio was 1.47. The lowest was 0.36. And the median was 0.85.

DNSKF's PB Ratio is ranked worse than
62.82% of 1463 companies
in the Banks industry
Industry Median: 0.84 vs DNSKF: 0.99

During the past 12 months, Danske Bank A/S's average Book Value Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Danske Bank A/S was 14.80% per year. The lowest was -1.90% per year. And the median was 3.90% per year.

Back to Basics: PB Ratio

Danske Bank A/S PB Ratio Historical Data

The historical data trend for Danske Bank A/S'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.

Danske Bank A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

0.55

0.50

0.54

0.61

0.89

Danske Bank A/S Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																0.61	0.75	0.84	0.82	0.89

Competitive Comparison

For the Banks - Regional subindustry, Danske Bank A/S'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.

Danske Bank A/S PB Ratio Distribution

For the Banks industry and Financial Services sector, Danske Bank A/S's PB Ratio distribution charts can be found below:

* The bar in red indicates where Danske Bank A/S's PB Ratio falls into.

Danske Bank A/S 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.

Danske Bank A/S's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	29.33	/	29.906
	=	0.98

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Danske Bank A/S (OTCPK:DNSKF) 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.

Danske Bank A/S PB Ratio Related Terms

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Danske Bank A/S (Danske Bank A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Danske Bank A/S (OTCPK:DNSKF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

DNKEY:USA DANSKc:UK 0NVC:UK DANSKE:Denmark DSN:Germany DANS:Austria

Address

Holmens Kanal 2-12, Copenhagen, DNK, DK-1092

Website

https://www.danskebank.com

Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 27% in lending and 29% in deposits. It operates through 270 branches in Denmark, Finland, Sweden, Norway, Ireland, and the United Kingdom. With the establishment of its wealth management segment in April 2016, the bank now operates via five segments. The others are banking Denmark, banking Nordics, corporates and institutions, and Northern Ireland.