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Skyline Bankshares (Skyline Bankshares) PB Ratio : 0.75 (As of Apr. 28, 2024)


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What is Skyline Bankshares 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 (2024-04-28), Skyline Bankshares's share price is $11.19. Skyline Bankshares's Book Value per Share for the quarter that ended in Dec. 2023 was $14.84. Hence, Skyline Bankshares's PB Ratio of today is 0.75.

Good Sign:

Skyline Bankshares Inc stock PB Ratio (=0.75) is close to 3-year low of 0.73

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

SLBK' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.89   Max: 1.15
Current: 0.75

During the past 9 years, Skyline Bankshares's highest PB Ratio was 1.15. The lowest was 0.59. And the median was 0.89.

SLBK's PB Ratio is ranked better than
61.18% of 1458 companies
in the Banks industry
Industry Median: 0.85 vs SLBK: 0.75

During the past 12 months, Skyline Bankshares's average Book Value Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.90% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Skyline Bankshares was 25.90% per year. The lowest was -0.70% per year. And the median was 6.80% per year.

Back to Basics: PB Ratio


Skyline Bankshares PB Ratio Historical Data

The historical data trend for Skyline Bankshares'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.

Skyline Bankshares PB Ratio Chart

Skyline Bankshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.95 0.70 0.86 0.87 0.76

Skyline Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.87 0.82 0.78 0.84 0.76

Competitive Comparison of Skyline Bankshares's PB Ratio

For the Banks - Regional subindustry, Skyline Bankshares'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.


Skyline Bankshares's PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Skyline Bankshares's PB Ratio falls into.



Skyline Bankshares 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.

Skyline Bankshares's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=11.19/14.842
=0.75

* 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.


Skyline Bankshares  (OTCPK:SLBK) 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.


Skyline Bankshares PB Ratio Related Terms

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


Skyline Bankshares (Skyline Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
101 Jacksonville Circle, Floyd, VA, USA, 24091
Skyline Bankshares Inc is a bank holding company. The company's product and service portfolio includes regular savings, demand, NOW, money market deposits, individual retirement accounts, and small denomination certificates of deposit. It also offers a variety of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer, and other loans.

Skyline Bankshares (Skyline Bankshares) Headlines

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